Get us in your inbox


Nab an $867 apartment in Chelsea through a new housing lottery

By Clayton Guse

New York's latest affordable housing lottery opened up this week in one of the city's most expensive neighborhoods. This one comes to 42 West 33rd Street, a new building situated on the edge of Chelsea that has a wide array of amenities that include a pool, a gym and a golf simulator. 

The lottery includes 14 studio apartments at $867 per month, with applicants required to earn an annual income of between $31,612 and $40,080. There are an additional 26 one-bedroom units and five two-bedroom pads up for grabs, with household income requirements ranging from $33,875 on the low end and $57,240 on the high end. 

Living in Chelsea isn't the most frugal life choice—the median rent in the nabe is $4,900, according to Trulia. But this lottery—along with another one that opened up 19 apartments on 29th Street for as low as $833 last May—gives those who dream of living in the area a small shrivel of hope. 


    Popular on Time Out

      Latest news

        Read next