Live around the corner from Penn Station for $833/month

May 2, 2017

Rendering via GHWA (L); Construction topped off as of September 2016 via CityRealty (R)

That might not sound like the most enticing location, but with Chelsea’s galleries nearby, Nomad’s booming restaurant and fitness scene just a five- or 10-minute walk away, and Hudson Yards shaping up to the northwest, this newly constructed building at 221 West 29th Street might have more to offer than you’d think. And as of tomorrow, those earning 60 percent of the area median income can apply for 19 units here through the city’s affordable housing lottery, ranging from $833/month studios to $1,082/month two-bedrooms.

As CityRealty reported, the 80/20 rental tower (20 percent of its 96 units were set aside as affordable) topped off in September. Developed by CBSK Ironstate, it was one of the first projects in the recently rezoned area between West 28th and 30th Streets and Seventh and Eighth Avenues.

Hill West Architects designed the 21-story structure in limestone and glass, framed with ornamental metal grills and several setbacks. Amenities include a 24-hour attended lobby, fitness center, bike storage, lounge, landscaped roof deck, and laundry room.

Qualifying New Yorkers can apply for the affordable apartments at 221 West 29th Street until May 25, 2017. Residents of Manhattan Community Board 5 will be given preference for 50 percent of the units. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

Use 6sqft’s map below to find even more ongoing housing lotteries.

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. And find future market-rate listings for 221 West 29th Street here.

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