Quote:
Originally Posted by imatorrent
What is CB?
Thanks!
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Do you live in E Harlem? In this case it’s E Harlem, north of E 96th St, east of 5th Ave more or less. If you do you are at a great advantage.
CB = Community Board. Can be VERY Important. Not all lotteries have a CB preference but this one does. Log#s that qualify for the CB residency benefit go to the head of the line until their allotment of units are filled. In this case it’s 50% of the units I supposed.
Having a low log# is good whether or not you have CB preference. However, it is a painful wait if you have very low log# without CB preference you have to wait until the CB allotment is filled. It is filled with any combination of unit that equals 50% not matter the AMI% or the unit size.
There is a preference for residents of Manhattan Community Board 11 (aka Community Board 111) in this lotttery. Think of it as Affirmative Action for people in the neighborhood.
If you don’t live in Manhattan, you don’t get the CB preference benefit for this building. In this case it’s E Harlem, north of E 96th St, east of 5th Ave more or less.
Scroll down to the Manhattan map to see the CBs
https://www.nyc.gov/site/communitybo...bout/maps.page
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CB = Community Board. Can be VERY Important
