Neither here nor there concerning the horrible accident... but I found this interesting.
http://affordablehousingonline.com/housing-search/New-York/New-York-City/Bay-Park-II/42687/Bay Park II
3395 Neptune Ave
New York City, New York County, New York 11224
Funding Programs
Bay Park Ii was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.
Section 8
Bay Park Ii has a project-based Section 8 contract. 129 of the 338 total units at the property receive Section 8 assistance. This means that 38% of the renter households in the property pay no more than 30% of their adjusted income for rent.
The current Section 8 contract was effective on April 03, 1974 and the contract expires on August 31, 2015. The Section 8 contract rent is 73.7% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,293.00 for Zero Bedroom, $1,357.00 for One Bedroom, $1,571.00 for Two Bedroom, $2,021.00 for Three Bedroom, and $2,224.00 for Four Bedroom.
26% of New York properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.
Overview
Bay Park Ii is an affordable apartment community located in New York City, New York which is located in New York County. The property is located in New York's 13th Congressional District served by Representative Charles Rangel (D), Senator Charles Schumer (D) and Senator Kirsten Gillibrand (D).
Bay Park Ii is an apartment community containing 123 rental units. The property contains 256 bedrooms and based on typical apartment occupancy limits, Bay Park Ii is home to not more than 508† persons when fully occupied.