clock menu more-arrow no yes

Filed under:

Essex Crossing’s next batch of affordable apartments for seniors now up for grabs

New, 10 comments

The Lower East Side building will have 84 studios for low-income seniors

Beyer Blinder Belle

Many of the bits and pieces of Essex Crossing’s first phase are now officially open to the public—apartment buildings have welcomed residents, retail has opened, and the new Essex Market is up and running—which means the developers, Delancey Street Associates (a collaboration between L & M Development Partners, BFC Partners, Taconic, and Prusik Group), are moving on to phase two, which includes even more housing, retail, and office space.

One of the first pieces of phase two is an affordable housing development exclusively for low-income seniors (one of two such buildings within the megaproject), due to open on the site once occupied by part of the Essex Street Market. In advance of that building’s 2020 debut, the developers and the city’s Department of Housing Preservation and Development have opened the affordable housing lottery, with all 84 of its apartments up for grabs.

The apartments, all of which are studios, are available for seniors across a variety of income bands—the minimum annual income required starts as low as $13,000, and goes up to $51,240. There are also eight apartments set aside for seniors who qualify for Section 8 vouchers, with those residents paying 30 percent of their income in rent.

The building, designed by Beyer Blinder Belle, will also have a communal lounge, a fitness center, a laundry room, and other amenities. Applications for the lottery are open until August 20.