The Housing Preservation and Development division of New York City has presented its vision through a recently constructed apartment building situated above the renovated Inwood Library. With affordable rents starting at just $380, the building also offers access to child care and training facilities, making it an all-inclusive living space for the residents.
Eliza Tower in Inwood offers “affordable luxury”
The Eliza Tower, located in Inwood, offers amenities that are typically associated with a high price tag in Manhattan apartments. However, this new property was built with a focus on “affordable luxury,” according to Commissioner Adolfo Carrion, who oversaw the rezoning of the area adjacent to the Inwood Library.
Eliza offers affordable housing options for families and individuals with low income. Families making 60% of the area median income can avail of a three-bedroom unit for just $1,800. Meanwhile, one-bedroom fully furnished units are available for as low as $380, specifically for those who were previously unhoused.
Yvonne Stennett, executive director of CLOTH, explained that these specific units are reserved for families who have faced challenging circumstances. “These families have been through a lot,” she stated.
The Community League of the Heights and the Children’s Village were called upon by HPD to conduct a thorough assessment of the neighborhood’s requirements.
According to Jeremy Kohomban, the president and CEO of Children’s Village, the foundation of their mission is to provide everything that he would want for his own family.
Residents have the opportunity to cultivate their own produce in the self-watering rooftop garden, enjoy a relaxing time on the terrace while taking care of laundry or exercise in a gym equipped with Peloton bikes. The focus on energy efficiency is evident in every aspect of the building.
Downstairs, tenants will have access to a STEM center, a training kitchen that offers certification classes, and a preschool. Programming for tenants includes these amenities.
According to Stennett, the children are receiving care within the comfort of their own homes.
The Inwood library, located just beside, has recently undergone a renovation and now offers a variety of services for people of all ages, including separate areas for teenagers and young children. Additionally, there is a broad selection of programs and services available for adults.
According to Danita Nichols, the library manager, the beauty of the space is not fully appreciated until one witnesses how people are utilizing it. She acknowledges that the space is indeed stunning, but its true beauty is highlighted by the way people interact with it.
The commissioner of HPD has set his sights on the future of vacant high rises that are ripe for conversion into affordable housing. With an impressive $2 billion budget for the next two years, the agency is well-equipped to tackle this challenge.
Carrion mentioned that there is a tax incentive linked to it and he has lost count of the numerous owners and developers who have approached them regarding it.
Around 70,000 families showcased their interest in Eliza’s 174 apartments, indicating a high demand for the housing complex. The fortunate tenants have been selected and are expected to commence their move within the next two weeks.
