NYC housing lottery opens in Hudson Yards with apartments under $2K

Adams takes on creating more affordable housing

Mayor Eric Adams signed an executive order Wednesday that would have city agencies look for potential city-owned sites to create more affordable housing in the five boroughs.

NEW YORK - An NYC affordable housing lottery has opened up for a chance to live in what's considered to be the most expensive area to live in the city.

According to a July study by PropertyShark, Hudon Yards has the highest median sale price in the city at around $7.5 million.

The Maybury, located in the Hudson Yards neighborhood, offers over 20,000 square feet of building space, which includes a rooftop skylounge and a fitness club with a yoga studio.

There are currently only 114 units available according to NYC Housing Connect.

Here's what the space has to offer and how to apply.

Hudson Yards housing lottery building amenities

The building includes the following amenities:

24-hour attended lobby
Personal concierge services
Rooftop sky lounge
Amenity suite with a co-working lounge
Conference rooms, work stations and phone booths
Fitness club and yoga studio
Outdoor terraces with barbecues and an outdoor movie screen
"Abode by Gotham" amenity lounge
Packaging room with cold storage
Resident storage and bike storage
Pet spa
Laundry room

How much do they cost?

The cost of each apartment varies based on income and household size, with studios starting at around $1650 per month.

Studio apartment: $1,655 to $3,015 per month
One-bedroom apartment: $1769 to $3,225 per month
Two-bedroom apartment: $2,114 to $3,861 per month

Rent includes gas, heat and hot water and the following additional fees are not included in the overall listing price.

Electricity
Storage
Access to the terrace, lounge, recreation rooms, including co-working spaces and fitness center

How to qualify

You must earn an income of at least $59,280 and no more than $209,625. Applicants who qualify must also meet additional requirements that were not specified.

Those who already live in New York City get a preference for apartments.

How to apply

The lottery is usually competitive and, given the building's location, units will likely go fast.

The lottery for this Hudson Yards gem ends on October 9, 2024.

Create an account on NYC Housing Connect, and apply through the main portal for the city’s affordable housing lotteries.

The Maybury is located at 550 10th Avenue at West 41st Street, which is a few blocks north of Hudson Yards.

The apartment building is near several major transit hubs, like the Lincoln Tunnel, Port Authority and Times Square.