Live in a Flashy New Tower Near Hudson Yards for $913/Month, Lottery Opens Tomorrow

Posted On Wed, August 3, 2016 By

Posted On Wed, August 3, 2016 By In affordable housing, housing lotteries, hudson yards, Midtown West

Just this week, BKSK Architects’ dapper new mixed-use tower in the Hudson Yards district topped off at 345 feet. Located at 509 West 38th Street and dubbed the Hi-Side, the 30-story building is just four blocks from the new 7 train stop and adjacent to the forthcoming Hudson Park Boulevard. When it opens its doors next year, it will offer 225 rentals, 46 of which will be reserved for New Yorkers earning 60 percent of the area media income. As of tomorrow, the latter batch of residences will be up for grabs through the city’s affordable housing lottery, with units ranging from $913/month studios to $1,183/month two-bedrooms.

The Hi-Side - 509 West 38th Street BKSK Architects,

Unlike the massive, glassy structures that will make up most of Hudson Yards, the 158,000-square- foot Hi-Side is clad in textured brown brick, steel accents, and casement windows. It will have 13,739 square feet of retail space on the ground and second floors (including a restaurant at street level) and 29,180 square feet of non-profit community space spread from the first through fifth floors. Amenities include a screening room, party room, fitness center, laundry facilities, bike storage, and outdoor roof garden.

509 West 38th Street-lottery

Qualifying New Yorkers can apply for the affordable units at 509 West 38th Street until October 4, 2016. 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 the Hi-Side here.

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Renderings via Steel Blue, LLC

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Neighborhoods : hudson yards,Midtown West

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