Lottery opens for 235 mixed-income units at new Hudson Yards high-rise, from $690/month

Posted On Thu, June 9, 2022 By

Posted On Thu, June 9, 2022 By In affordable housing, housing lotteries, hudson yards

Rendering credit: Douglaston Development

Manhattan’s largest rental development under construction launched a housing lottery this week for 235 mixed-income apartments. Located slightly south of Hudson Yards at 601 West 29th Street, the 60-story luxury high-rise is part of a two-building development known as 3ELEVEN. Developed by Douglaston Development and designed by FXCollaborative, the massive project includes 938 total apartments and more than 50,000 square feet of indoor and outdoor amenities. Qualifying New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the units, ranging from $690/month studios to $2,342/month two-bedrooms.

The development spans the entire block of Eleventh Avenue between West 29th and West 30th Streets. According to CityRealty, the developer secured 120,000 square feet of air rights from Hudson River Park (with proceeds going to park improvements) to build the 637-foot-tower, which topped out in February 2021.

The building features a six-story podium with a 34-story tower and 19-story tower above. There are 703 market-rate rentals and 235 affordable units. All apartments feature open floorplans, kitchens with stainless steel appliances, and hardwood floors.

Amenities include multiple tenant lounges, a gym with fitness studios, an outdoor pool, multiple roof decks, facilities for pets, a parking garage, and bike storage. There will also be 15,000 square feet of retail. Residents will also have easy access to the shops and amenities of the Hudson Yards development, like the Shed, and West Chelsea, as well as outdoor spaces like Hudson River Park and the High Line.

Leasing and occupancy of the lower floors are expected to commence this summer with full occupancy expected next summer.

Qualifying New Yorkers can apply for the affordable units until August 9, 2022. Fifty percent of the units are set aside for residents of Manhattan Community District 4. 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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Neighborhoods : hudson yards

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