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VIDEO: Landing this affordable rental in Long Island City like ‘Christmas morning,’ says one resident

November 29, 2017 | By

Hunter’s Point South Living is the largest affordable rental housing development constructed in New York City since the 1970s. The prime waterfront spread was intended to house Olympic athletes for the 2012 games. New York lost that bid, and the land went up for development. Related Companies won the rights to build out the first of several parcels, and, with financing from Wells Fargo and Fannie Mae, built two high-rise towers with 925 housing units. Of those, all are designated as affordable. With its 24-hour concierge desk, fitness facility, rooftop gardens and decks, and children’s playroom, Hunter’s Point South Living residents may feel like lottery winners. Indeed, many of them were. Ninety-three thousand people vied to live in the complex’s 925 affordable units – one of them says it’s like “Christmas morning” being there.

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