Housing Lottery Launches for The Pecora at at 41-08 Crescent Street in Long Island City – New York YIMBY

The affordable housing lottery has launched for The Pecora, a 26-story residential building at 41-08 Crescent Street in Long Island City, Queens. Designed by Dan Ionescu Architects and developed by Watermark Capital Group, the structure yields 184 residences. Available on NYC Housing Connect are 56 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $117,703 to $227,500.

41-08 Crescent Street in Long Island City, Queens via NYC Housing Connect

41-08 Crescent Street in Long Island City, Queens via NYC Housing Connect

Amenities include pet-friendly policies, storage, a garage, package lockers, bike storage lockers, gym, spa, yoga and dance studio, party rom, recreation room, children’s playroom business center, and rooftop terrace. Residences are equipped with washers and dryers, patios or balconies, hardwood floors, charging outlets with USB ports, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity, including stove, heat, and hot water.

41-08 Crescent Street in Long Island City, Queens via NYC Housing Connect

41-08 Crescent Street in Long Island City, Queens via NYC Housing Connect

41-08 Crescent Street in Long Island City, Queens via NYC Housing Connect

At 130 percent of the AMI, there are 17 studios with a monthly rent of $3,271 for incomes ranging from $117,703 to $168,480; 24 one-bedrooms with a monthly rent of $3,408 for incomes ranging from $123,703 to $189,540; and 15 two-bedrooms with a monthly rent of $3,702 for incomes ranging from $136,938 to $227,500.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 18, 2026.

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