Another 24 percent of renters are “moderately rent-burdened,” forking out between 30 and 50 percent of their income for rent. Some 31 percent of New York City renters are considered “severely rent-burdened” because they spend at least half their income on rent, according to NYU’s Furman Center for Real Estate and Urban Policy. "Affordable housing is like the unicorn of New York City," said Maler, a photographer who has submitted her name to more than 20 buildings in the past five years. Yet each new unit attracts 50 applications on average, according to the city's Department of Housing Preservation and Development (HPD). MANHATTAN - With dreams of ditching her rodent-infested Murray Hill apartment of 11 years and living without a roommate, artist Jen Maler has been playing the city's lottery - the housing lottery, that is.Īt any given time, there are open lotteries for apartments in a handful of developments that have units set aside for residents with certain income levels. Crown Heights, Prospect Heights & Prospect-Lefferts Gardens.Cobble Hill, Carroll Gardens & Red Hook.
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