By Sabina Mollot
Stuyvesant Town’s apartment lottery has reopened, this time for applicants earning a maximum 165 percent of the area median income (AMI).
The lottery opened on January 16 and would-be residents (and current residents) have the opportunity to apply until February 21, 2018. The waiting list for people who’ve already applied is still active, so no further action is required on their part.
Applications are currently being accepted for one-bedroom apartments at $2,889 and two-bedrooms for $3,543 in Stuy Town and Peter Cooper Village. An advertisement for the lottery puts the income limits for the one-bedroom apartments at $110,220 for a single person, $126,060 for two people and $141,735 for three. For the two-bedroom, income limits are $126,060 for two people, $141,735 for three, $157,410 for four people and $170,115 for five. Applicants also can’t have more than $250,000 in assets though sometimes there are exceptions with regards to retirement accounts.