F.A.Q.

How can I get an apartment in Knickerbocker Village?

Apartment rentals are made from a waiting list. Periodically, the waiting  list is opened by advertisements placed in major New York City newspapers  i.e., NY Post, NY Daily News. Due to the large number of responses to these  ads and to maintain fairness, a waiting list is established by lottery.  In July 2004, 200 applicants were picked in a lottery which will be used  in 2005. Applicants must carefully follow all directions placed in the ad and fully meet all eligibility requirements that are established by  Knickerbocker Village and our supervising agency, the N.Y.S. Division of  Housing and Community Renewal.

» back to top

How much is the rent?
The rents for Knickerbocker Village apartments vary.
The rents for a 1 bedroom apartment can range from $600 to $775.
The rents for a 2 bedroom apartment can range from $708 to $1,001.
Rent surcharges may also apply.
» back to top

How often does rent increase?
Rent increases are determined by the N.Y.S. Division of Housing and  Community Renewal. In recent times, rent increases of 3 to 5% have  been typical each year.
» back to top

What about rent surcharges?
As a D.H.C.R supervised property, all residents are required to certify  their family composition and income each year. Income limits are  established at either 7 or 8 times the annual rent and are based  upon a tenant’s income from the previous year. Residents whose  income exceeds their income limit for their apartment may be subject  to a surcharge of up to 50% of their rent for one year. Rent surcharges  are recalculated on an annual basis to reflect changes in income  from year to year. » back to top

Where is K.V located?
We are located on the block bounded by Catherine Street, Monroe Street,  Market Street and Cherry Street. Traditionally thought of as the  Lower East Side, this neighborhood has come to be considered part  of Chinatown in recent years. Located within a short distance are  City Hall, the Civic Center Areas and the South Street Seaport. The  complex is actually situated between the Manhattan and Brooklyn Bridges,  a neighborhood sometimes referred to as Two Bridges.
» back to top

How do I get there?
The East Broadway station of the "F" train is a short  walk. Exit at the south end of the station (Madison Street exit) and  walk two blocks on Madison Street to Market Street- and turn left and walk 1 block to Monroe Street.

You can also reach us from the Brooklyn Bridge / Borough Hall station  via the 4, 5 & 6 trains. Walk through Police Plaza and travel East  on Madison Street to Catherine Street. Make a right on Catherine Street  and walk 1 block to Monroe Street.
» back to top