Gemma

Gemma, located in the Gramercy neighborhood of New York City, offers an unparalleled living experience with superior craftsmanship and high-level fixtures and finishes.

About the role

Gemma supports various pathways to housing stability and innovation, including homeownership, development, and asset management. The property is committed to serving New Yorkers who wish to reside in neighborhoods of their choice.

Amenities

• Gym
• Third Floor Lounge
• Penthouse Floor Lounge
• Sky Roof Deck
• Onsite Laundry Room
• Bike Storage*

Building features

• Sky Roof Deck
• Onsite Laundry Room
• Bike Storage*

Income levels & rent

• 40% AMI Units: Studio units available with monthly rent starting at TBD based on 1- or 2-year lease. For a 1-person household, the annual income limit is $47,520; for a 2-person household, it's $54,280.
• 60% AMI Units: Studio unit with monthly rent starting at $1,327.14 (1-year lease) or $1,346.47 (2-year lease). For a 1-person household, the annual income limit is $44,177 - $71,280; for a 2-person household, it's $44,177 - $81,420.
• 130% AMI Units: 1BR units available with monthly rent starting at TBD based on 1- or 2-year lease. For a 1-person household, the annual income limit is $154,440; for a 2-person household, it's $176,410; for a 3-person household, it's $198,510; for a 4-person household, it's $220,480; for a 5-person household, it's $238,160.

Subject to occupancy criteria and income guidelines subject to change. Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.

Next steps

Applications are accepted in the order they are received. Qualified applicants will be contacted to submit documents verifying household size, identities of household members, and household income.

Property Overview: - Borough: Manhattan - Neighborhood: Gramercy Park - AMI Level: 40%, 60%, 130% - Address: 200 East 23rd Street, New York, NY 10010 - Transit: 13CEFM Bus: M7, M20