HDC Press Releases



APPLICATIONS AVAILABLE FOR NEWLY

CONSTRUCTED APARTMENTS AT

TRIANGLE III LOCATED IN

HARLEM, MANHATTAN

88 Apartments available at below-market rents

Harlem, NY, March 2, 2004


The New York City Housing Development Corporation (HDC) announces applications are now available for 88 newly constructed affordable housing rental apartments locted at 276 West 119th Street, 2216 Frederick Douglass Boulevard and 191 St. Nicholson Avenue in Manhattan.

Financing for the development known as Trianlge III was made available through HDC's low-income, 80/20 program and middle-income, New Housing Opportunities Program, and through the New York City Department of Housing Preservation and Development (HPD).

The development is currently under construction through the developer, 2216 Equities, LLC and is expected to be completed by May 2004. Apartments include studio, one, two and three bedroom apartments.

Apartments ranging in rent from $403 for a studio to $659 for a two-bedroom are income restricted for household with an annual income ranging from $16,120-$31,400.

To request an application for the above apartments, please send a letter and a self addressed envelope to:

Phase III Development
37 West 65th Street
2nd Floor
New York, NY 10023

Applications must be post-marked by March 31st, 2004.

Tenants will be selected through a lottery system.

Apartments ranging in rent from $1,045 for a studio to $2,110 for a three-bedroom are income restricted for households with an annual income ranging from $50,160 - $157,000.

To request an application for the above apartments, please send a letter and a self addressed envelope to:

2216 Equities, LLC
37 West 65th Street
2nd Floor
New York, NY 10023

Applications must be post-marked by March 31st, 2004.

Tenants will be selected through a lottery system.


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