ROOSEVELT ISLAND, NY — Roosevelt Island's representative in the City Council is hosting an information session with the developers of a new development on the island about a lottery for more than 300 below-market units in the building.
Councilman Ben Kallos, who also represents the Upper East Side, will educate residents on how to apply for apartments at the new Hudson Related development River Walk Park. The Roosevelt Island development is offering units to people earning 40, 50, 80, 130 and 165 percent of the area median income. The city Department of Housing Preservation and Development classifies these income levels as ranging from "very-low income to middle income."
The info session will be held Tuesday, June 30 at 6 p.m., just about one week before the housing lottery's July 6 application deadline, according to Kallos' office. Those interested in attending can sign up for the virtual event on the councilmember's website.
"We are facing an affordable housing crisis and every unit counts. Opportunities to build hundreds of units like this are few and far between and we couldn't be prouder to bring this affordability to the Upper East Side and Roosevelt Island," Kallos said in a statement. "The units that have opened up on Roosevelt Island will go a long way in helping rent-burdened families that apply and win."
A wide range of New Yorkers should qualify for discounted apartments at the River Walk Park development located on Roosevelt Island's Main Street just north of the F train station. Income requirements are as low as an annual income of $20,298 for a studio offered at 40 percent of the area median income and go as high as $122,675 for a three-bedroom apartment offered at 165 percent AMI.
Residents of Community District 8, which spans Roosevelt Island and most of the Upper East Side, will be given priority for half of the apartments offered through the lottery. Preference will also be given to municipal employees and people with mobility, vision and hearing disabilities.
Prospective tenants can apply for apartments through the city's Housing Connect website until July 6. A physical application can also be requested by sending a self-addressed envelope to: Riverwalk Park c/o Affordable Housing Group, 330 W 30TH Street, New York, NY 10001. Physical applications must be postmarked by July 6