Lottery held for Wyandanch Village’s newest residence, 1 Washington Ave.

January 07, 2020 - Long Island

Wyandanch, NY The Albanese Organization, with its joint venture partner Community Development Corp. of Long Island, hosted a lottery at the Wyandanch-Wheatley Heights Ambulance Corp. located at 295 Merritt Ave., to select the 123 residents who will soon call 1 Washington Ave. home. The five-story workforce residence includes studios, one, and two-bedroom apartments designed to be affordable to households from a wide range of economic backgrounds earning up to 50%, 60%, 90%, 100% and 110% of Area Median Income. For initial lease-up, a preference is provided to veterans for 19 units. Units are also available for the mobility, hearing and vision impaired.

“We continue to be extremely pleased with the evolution of the Wyandanch Village development, and 1 Washington Ave. will help us keep up with the continuing demand for affordable rental housing,” said Albanese chairman, Russell Albanese. “In addition to CDCLI, there are many partners to thank including: New York State Homes & Community Renewal, Suffolk County, town of Babylon, Babylon IDA, Sterling National Bank, New York Community Bank, and Hudson Housing Capital. This continues to be a very successful public-private partnership.”

“CDCLI is pleased to partner with the Albanese Organization on this transformative, transit-oriented, multifamily development,” said Gwen O’Shea, CDCLI’s president and CEO. “The high demand for these beautiful apartments demonstrates the critical need for workforce housing in Wyandanch and across Long Island.”

“Today is another exciting day for the Wyandanch community as we usher in the latest phase of economic development that will continue making Wyandanch the vibrant downtown that it is,” said NYS assemblywoman Kimberly Jean-Pierre. “I look forward to welcoming all of today’s lottery winners to this wonderful community, and I am thankful to the Albanese Organization and our partners at all levels of government for helping make today possible.”

“It’s an exceptionally exciting day for the 123 residents who will soon be able to call 1 Washington Ave. home – the third building in the Wyandanch Rising Development,” said county executive Bellone. “We are moving full steam ahead, and continue to transform one of the most economically distressed communities in our region into a vibrant, pedestrian friendly mixed-use downtown with a beautiful public plaza.”

Town of Babylon supervisor, Richard Schaffer said, “I am very proud to be a part of this special day, and I am especially excited for the new residents of Wyandanch Village who will have their dreams come true this morning. There is a lot of planning, hard work, and community effort that goes everything that we’ve seen in Wyandanch recently, but at the end of the day, it’s all about the smiles on the faces of these families.”

The purpose of this event was to randomly draw applicant names and assign a number to each name pulled, in the order in which they were pulled. A list was created with applicant names listed in the order in which they were pulled. This list was utilized to reach out to applicants to confirm information listed in their applications and determine income eligibility for the residence in the order of the list. There are 123 residential units in the building and there is an approved initial preference for veterans for 19 of these units. Each of the units will be filled as qualified applicants are identified, based upon the list. Any individuals who are not selected for residency, based upon list-order will be kept on the building’s waitlist in the order established.



Add Comment

More from the New York Real Estate Journal