Rendering of 118 Orchard Street by Gorlin Architects; View of former Moscot HQ via Google Street View
A lottery has opened for nine mixed-income units at the new residential building rising in the Lower East Side at the corner of Orchard and Delancey. The new construction at 118 Orchard Street replaced the iconic Moscot eyeglasses store that had been there for 77 years until it moved across the street. The 12-story building topped out earlier this summer and will comprise 24 apartments in total. Individuals and households earning 70 to 130 percent of the area median income are eligible to apply for the handful of one- and three-bedroom apartments, which range from $1,115 to $2,777/month.