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34 affordable apartments on offer in new Court Square development, rent start at $908 per month

May 16, 2017 By Jason Cohen

The city started accepting housing lottery applications Monday for 34 affordable apartments in a luxury Court Square development, with rent starting as low as $908 a month.

The new 27-story apartment building, Watermark LIC (formerly Watermark Court Square), is located at 27-19 44th Drive.  The building will contain 168 apartment in total as well as 2,500 square feet of retail space. The apartments are expected to open in July.

Of the 34 affordable apartments, there are 14 studios available for $908 per month, which are on offer to single tenants who earn between $33,018 to $40,080 a year; 15 one bedroom apartments at $974 for a person who earns between $35,319 to $40,080 a year, or two people who make between $35,349 to $45,840.

There are five two bedrooms on offer for $1,176. To qualify, a two-person household must earn between $42,309 and $45,840 a year, three people $42,309 to $51,540 or four people making $42,309 to $ 57,240, according to Department of Housing, Preservation and Development requirements.

The building will offer 24-hour concierge services, a fitness center at the penthouse level, café and lounge, landscaped garden, sky terrace, bike storage and individual storage units.

Applications are being accepted until June 14 and residents of Queens Community Board 2 (which covers Sunnyside, Woodside and Long Island City) will be given preference for 50 percent of the units. Complete details on how to apply are available at NYC Housing Direct.

 

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11 Comments

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Patricia

This gives the buildings a tax break that’s why they do it but hopefully no low life people come in

Reply
Anonymous

Affordable housing is an insult to every hard working New Yorker. Live where you can afford to live.

Reply
Hard worker

Thank you
It’s so frustrating to read these comments that make it sound like anyone who doesn’t qualify or who can afford to live here without the affordable rents has a silver spoon in their mouth (and a trust fund in the bank). Some of us have just been busting our asses to “make it” vs waiting for the next handout.

Reply
Anonymous

How many rent stabilized apartments have been lost in LIC? In Astoria? Then we can know just how impressive this figure is. Otherwise, what? Is this an ad?

Reply
anonymous

How many rent stabilized apartments have been lost in LIC? In Astoria?
Hopefully all of them, the sooner the better.

Reply
Anonymous

and we the constitutents would like to know how is this affordable living – I think NOT –

Reply
Mom

Are you kidding?! 908$ for a studio is a quarter of what they are charging on average in LIC. And you get access to all of those amenities (which if you had to access separately, like at a gym, would cost upwards of 50$ a month).

For such crazy proximity to Manhattan, anyone who gets in has hit the jackpot!

Reply
Tony

Mom,

I see in the lottery advertisement that any amenity has fees involved. I actually got a log number less than 100, with hopes to get called in soon.

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