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If you make between $21,770 and $29,760, you’ll want to keep reading. 160 Schermerhorn, phase two of the Hamlin/Time Equities project that started with the 14 Townhouses, has begun taking applications for 100 affordable studio apartments in the building. (The building as a whole has 190 units.) And how sweet a deal is it? $625-a-month sweet! No pets are allowed; nor are full-time students. Half of the units are reserved for people who already live within Community Board 2. There are also some single-digit set-asides for various physical impairments. The application deadline is April 30 and details can be found here.
Development Watch: 160 Schermerhorn Tops Out [Brownstoner] GMAP
Development Watch: Schermerhorn House Rising [Brownstoner] P*Shark
Some More 411 on the “Schermerhorn House” [Brownstoner] DOB


What's Your Take? Leave a Comment

  1. OMG: $625 a month to someone earning only $21K?! That’s a fortune! I assume that amount does NOT include a monthly maintenance charge. Do your math, Brownstoner!

  2. BTW anyone earning 21K to 29K can afford it because verizon has special programs for low income people that can cost as little as $6.95.

    Just like coned and other utilities. Not to mention the plethera of city and state social agencies that provide incredible free services, food stamps, healthcare, subsidies, etc.

    I know you cant imagine it, but the poor in this country live much, much better than anywhere else in the world. Including the European Socialist Paradise.

  3. “Anyone earning 21K to 29K doesn’t have the internet. They can’t afford it.”

    If you’ve been to a library within the last 10 years or so, you might have noticed they actually offer the internet for free.

  4. No poverty in Europe? Have you ever been to the suburbs of Paris or Amsterdam? How about the East End or South of London? Take a walk around Naples or Palermo. Then tell me how good the Europeans have it.

  5. i agree that the rent seems high given the income limit.

    just sign up to the nyc housing dept e-mail dist list and you’ll get these notices regularly. easy peasy.

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