28 NOVEMBER 4, 2021 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Aff ordable housing lotto launches for Gotham Point dual-tower project
BY KAYLA WONG
EDITORIAL@QNS.COM
@QNS
New 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 aff ordable 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 aff ordable
rates, senior housing, shared amenities,
community facility 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 Rise-
Boro Community Partnership, the
developers, envisioned Gotham Point
to be a mixed-income, 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 fl oor, as well as a library and
a community room with a shared
pantry. RiseBoro will also be leading
special programming for the senior
community, 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 mobilitydisabled
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 fl ooring,
Silestone quartz countertops,
premium stainless steel appliances, a
gas range and a dishwasher.
More information is available at
gothampointlottery.com or at the NYC
Housing Connect link. Prospects can
call 646-867-8420 or email Leasing@
GothamPointLottery.com with any
questions.
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Catalpa Avenue
Listings selected at random. Courtesy MLS
Under $600,000
2118 Greene Ave., Unit D1
$548,888
Condo
1 bedroom, 1 bathroom
Claudia Looi, Keller Williams
Realty Landmark II
$600,000-$1,000,000
1633 George St.
$879,999
Single-family
3 bedrooms, 2 bathrooms
Bianca Esposito, VYLLA Home
Over $1,000,000
6040 Catalpa Ave.
$1,250,000
Multi-family
5 bedrooms, 3 bathrooms
Nan (James) Zhang, N & H Realty
Group Inc.
62nd Street 64th Street 72nd Street
Under $600,000
90-60 Union Turnpike, Unit 20C
$419,000
Condo
2 bedrooms, 1 bathroom
Deborah Berman, Charles Rutenberg
Realty, Inc.
$600,000-$1,000,000
7711 62nd St.
$799,000
Single-family
3 bedrooms, 2 bathrooms
Franco Rinaldi, Compass
Over $1,000,000
71-19 Cooper Ave.
$1,299,999
Multi-family
5 bedrooms, 3 bathrooms
Donna M. Demkowicz, Donna
Demkowicz R E Corp
Under $600,000
64-62 58th Road
$539,000
Single-family
1 bedroom, 2 bathrooms
Joan M. Sammon, O Kane
Realty
$600,000-$1,000,000
50-38 64th St.
$949,000
Single-family
3 bedrooms, 3 bathrooms
Etan Hakimi, Mitra Hakimi Realty
Group
Over $1,000,000
51-69 72nd Pl.
$1,089,000
Multi-family
3 bedrooms, 3 bathrooms
Susan Foo, O Kane Realty
Under $600,000
62-98 Woodhaven Blvd., Unit 2E
$480,000
Condo
1 bedroom, 1 bathroom
Zhi Chen, Sun America Realty
Group Inc.
$600,000-$1,000,000
63-44 72nd St.
$950,000
Single-family
3 bedrooms, 2 bathrooms
Marek Sobolewski, Trademarko
Realty Inc.
Over $1,000,000
6646 79th Pl.
$1,400,000
Multi-family
8 bedrooms, 3 bathrooms
Jodi MacHardy, MY HOME
REALTY.COM LLC
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