Lottery opens for 45 affordable units across from the Empire State Building, from $867/month

Posted On Mon, October 2, 2017 By

Posted On Mon, October 2, 2017 By In affordable housing, housing lotteries, Midtown West, More Top Stories

Living amongst the hustle and bustle of the Empire State Building may not sound appealing at first, but when you can do it in a brand new, high-end tower for less than $900 a month, the option doesn’t look half bad. Starting tomorrow, New Yorkers earning 60 percent of the area median income can apply for 45 apartments at Midtown West‘s sleek new rental 42 West 33rd Street. Not only do prices range from $867/month studios to $1,123/month two-bedrooms, but the 41-story glass building offers a host of amenities including a fitness center, golf simulator, swimming pool and sauna, dog wash, and outdoor terraces and gardens (some of these may require an additional fee).

42 West 33rd Street from earlier this summer and early September, via CityRealty

In total, the 465-foot tower, designed by the Stephen B. Jacobs Group and developed by the Torkian Group, will offer 223 rental units. The building topped off in June; pricing has not yet been revealed for the market-rate units, but leasing is expected to begin this fall with construction wrapping up next spring.

The ground floor will hold 5,000 square feet of double-height retail space. On the third floor is a landscaped terrace, joining an indoor/outdoor terrace and lounge on the rooftop.

Qualifying New Yorkers can apply for the affordable apartments until December 4, 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, or find future market-rate listings for 42 West 33rd Street here.

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All renderings via Torkian Group/Stephen B. Jacobs Group; Construction shots via CityRealty

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Neighborhoods : Midtown West

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