5203 Center Blvd application period TBA in 2021
Qualified applicants will be selected through a lottery to lease rent stabilized affordable units that are rent restricted and priced for low and middle income households. The lottery is run in cooperation with TF Cornerstone, the NYC Department of Housing Preservation and Development, and NYC Housing Development Corporation.
5241 Center Blvd: The lottery is now closed.
Did you apply? Click HERE for information on next steps for the lottery selection process.
5203 Center Blvd: Lottery Dates to be announced in Spring 2021
Create your profile on Housing Connect today and register below for updates on the lottery for 5203 Center Blvd.
534 rent-stabilized units will be available to qualified applicants
AMENITIES
STUDIOS – 1 BEDROOMS – 2 BEDROOMS
* Subject to a monthly community fee, residents will have access to the amenities in both 5241 and 5203 Center Blvd.
* Subject to a monthly community fee, residents will have access to the amenities in both 5241 and 5203 Center Blvd.
Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.
For example, if you make 130% AMI and rent a studio apartment, your savings increase the longer you stay:
Over 5 years: $
$55,177
Over 10 years:
$123,202
Over 15 years:
$206,620
Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.
For example, if you make 130% AMI and rent a one-bedroom apartment, your savings increase the longer you stay:
Over 5 years:
$83,139
Over 10 years:
$184,618
Over 15 years:
$307,984
Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.
For example, if you make 130% AMI and rent a two-bedroom apartment, your savings increase the longer you stay:
Over 5 years:
$122,432
Over 10 years:
$268,865
Over 15 years:
$443,623
Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.
For example, if you make 165% AMI and rent a studio apartment, your savings increase the longer you stay:
Over 5 years:
$40,021
Over 10 years:
$91,024
Over 15 years:
$155,323
Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.
For example, if you make 165% AMI and rent a one -bedroom apartment, your savings increase the longer you stay:
Over 5 years:
$64,273
Over 10 years:
$144,562
Over 15 years:
$244,130
The park starts at your door. Anchored by a new half-acre park and a stone’s throw from the Hunter’s Point South Ferry Terminal, 5203 & 5241 Center Blvd are conveniently located along the newly revitalized parklands and shoreline of the Long Island City waterfront in Hunter’s Point South. Your new home is steps away from pedestrian bridges and bike pathways, a kayak launch, exercise and picnic terraces, a 30 foot high cantilevered look-out platform offering views of the Manhattan skyline and East River, new playgrounds, dog runs, volleyball and basketball courts, and a growing collection of Public Art.
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