Shoot for the SkylinePhotos courtesy of VUW
Affordable housing lottery launches for
upcoming Gotham Point dual-tower
project in Long Island City
NBY KAYLA WONG ew renderings for the upcoming
dual-tower residential
project, Gotham Point,
located in the Hunters Point
South neighborhood of Long
Island City, were unveiled
and the affordable housing
lottery application has opened.
The development, announced two
years ago, consists of two towers that will
include 1,132 total residences with 75%
of units priced at affordable rates, senior
housing, shared amenities, community
facilities and retail space. Gotham
Point’s South Tower, or Parcel G, will be
33 stories tall and is estimated to be
completed in late 2021 between Second
Street and Newtown Creek.
The North Tower, or Parcel F, will stand
at 57 stories and is expected to be
completed in 2022.
Gotham Organization and RiseBoro
Community Partnership, the developers,
envisioned Gotham Point to be a mixedincome,
multigenerational residential
community.
The 847 rent-stabilized units will be
available to a wide range of incomes, with
maximum income limits ranging from
$25,080 to $137,940 for an individual
and from $35,790 to $196,845 for a
household of four. Minimum income
limits range from $15,806 to $73,166
for an individual and from $23,692 to
$126,686 for a household of four.
According to YIMBY, a total of 98
homes will be set aside for low-income
seniors in an 11-story dedicated wing,
equipped with its own personal lobby
space, a lounge and laundry room on
each floor, as well as a library and a
community room with a shared pantry.
RiseBoro will also be leading special
programming for the senior community,
14 NOVEMBER 2 0 2 1
with senior residences available to
individuals across income levels from
$15,806 to $85,920.
Additionally, applicants who live
in New York City receive a general
preference for apartments, with 55% of
units set aside for residents of Queens
Community District 2 and 5% for
municipal employees. Five percent of
units are set aside for mobility-disabled
applicants and 2% of units for vision/
hearing-disabled applicants.
With over 50,000 square feet of inspired
indoor and outdoor amenity
spaces, Gotham Point apartment features
include luxury plank flooring,
Silestone quartz countertops, premium
stainless steel appliances, a gas range
and a dishwasher.
Along with rooftop terraces, available
amenity spaces will include multiple
resident lounges, an indoor-outdoor
fitness club, a children’s playroom, a
publicly accessible urban rooftop farm,
and a community boathouse. Residents
will also have access to co-working
lounges with breakout meeting rooms,
private phone rooms and multi-person
desks to facilitate collaboration and a
sense of community within the building.
Additional components include a publicly
accessible underground parking
garage, ground-floor retail in the North
Tower and a 3,000-square-foot community
facility in the South Tower.
More information is available at
gothampointlottery.com or at the
NYC Housing Connect website,
housingconnect.nyc.gov. Prospects
can call 646-867-8420 or email Leasing
@GothamPointLottery.com with any
questions.
REAL ESTATE
link
/gothampointlottery.com
/housingconnect.nyc.gov
