More than 900 apply for 45 affordable apartments at Peconic Crossing in Riverhead

New York /
Jun.June 04, 2018 12:42 PM

The Community Development Corp. of Long Island and Conifer Realty LLC held a lottery to pick the tenants for the Peconic Crossing mixed-use apartment building that’s set to be finished in July. Officials said they received more than 900 applications for 45 units by the May 25 deadline. To qualify, applicants needed to make from 50 to 90 percent of the area’s median income, or, for two people, up to $76,160. The rents range from $976 for a one-bedroom up to $1,562 for a two bedroom. [Riverhead News-Review]


Related Articles

arrow_forward_ios
The Kalikow Group President & CEO Edward Kalikow with the complex (Kalikow, Kaled)
In hot rental market, LI developer sells another South Carolina complex
In hot rental market, LI developer sells another South Carolina complex
124 South Middle Neck Road in Great Neck, Long Island and Hornig Capital Partners Managing Partner Daren Hornig (Google Maps, Hornig Capital)
Size, security, transparency: Great Neck apartment project delayed following local pushback
Size, security, transparency: Great Neck apartment project delayed following local pushback
(Getty)
Homeowners declare final victory in fight over Amagansett “Truck Beach”
Homeowners declare final victory in fight over Amagansett “Truck Beach”
Tritec Principal Robert Coughlan with the project (Tritec)
Tritec lands $173M for Bay Shore Residences
Tritec lands $173M for Bay Shore Residences
The office space (JLL)
Amazon plans last-mile distribution center in Hauppauge
Amazon plans last-mile distribution center in Hauppauge
The New Hyde Park Target is going to be adding a level (Google Maps)
Target grows footprint in shell of former Sears
Target grows footprint in shell of former Sears
Ronald Goerler Sr. and Jamesport Vineyards at 1216 Main Road in Jamesport Long Island (Jamesport Wines)
Jamesport Vineyards founder Ronald Goerler Sr. dies
Jamesport Vineyards founder Ronald Goerler Sr. dies
303 Main Street (Hempstead), 130 Hempstead Avenue (West Hempstead),and  Castle Lanterra CEO Elie Rieder (Google Maps, Castle Lanterra)
Castle Lanterra buys Long Island apartment complexes for $138M
Castle Lanterra buys Long Island apartment complexes for $138M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...