Apply for 63 mixed-income units at new FiDi high-rise with rooftop terraces, from $1,329/month

Posted On Tue, September 7, 2021 By

Posted On Tue, September 7, 2021 By In affordable housing, Financial District, housing lotteries

Renderings courtesy of NYC Department of Housing Preservation & Development

A housing lottery launched this week for 63 mixed-income apartments at a new 34-story tower in the Financial District. The mixed-use building 7 Dey Street is conveniently located next to the Fulton Center transit hub and boasts amenities like multiple outdoor spaces, a fitness center, a co-working room, and more. Qualifying New Yorkers earning 70 or 130 percent of the area median income can apply for the apartments, ranging from $1,329/month studios to $3,235/month two-bedrooms.

Developed by SL Green Realty and designed by FXCollaborative, 7 Dey Street, also known as 185 Broadway, contains 17,000 square feet of retail space, 26,000 square feet of commercial space on floors three through five, and 217,000 square feet of apartments.

The developer purchased unutilized air rights from the Metropolitan Transportation Authority, which provides discretionary funding to the transit agency. The property is the neighborhood’s first development built under the Affordable New York Housing Program.

There are 209 total units, with 63 priced below the market rate. INC Architecture & Design handled the apartment interiors as well as the amenity space. Residences have large living rooms, wall-to-wall windows, and stunning city views.

Amenities stretch across three floors and include a co-working space, a fitness center envisioned by The Wright Fit, a club lounge with a wet bar, a conference room, a shared laundry room, and outdoor space in the form of terraces and loggia space.

SL Green Realty and Douglas Elliman on Monday launched leasing for the market-rate units, with current availabilities starting at $3,571/month studios, $4,750/month one-bedrooms, and $7,946/month two-bedrooms, according to CityRealty.


Rendering courtesy of SL Green Realty

“We were proud to keep this building on schedule through the pandemic and are excited to bring 7 Dey to market as demand for prime Manhattan residential properties is surging,” Brett Herschenfeld, managing director at SL Green, said in a press release.

“Centrally located in one of New York’s leading transportation and economic hubs, 7 Dey brings world-class architecture and much-needed housing to Lower Manhattan.”

Qualifying New Yorkers can apply for the affordable units until November 3, 2021. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.

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Renderings courtesy of NYC Department of Housing Preservation & Development

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Neighborhoods : Financial District

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