232 East 54th Street

affordable housing, housing lotteries, Midtown East

All renderings courtesy of NYC Department of Housing Preservation & Development

Here’s an opportunity to live in a luxury Manhattan rental for cheap (relatively). The Gilroy, a new 40-story tower at 232 East 54th Street, is currently accepting housing lottery applications for 40 middle-income apartments, set aside for New Yorkers earning 70 and 130 percent of the area median income. Available apartments start at $1,281/month for a studio, $1,375/month for a one-bedroom, and $1,660/month for a two-bedroom.

Find out if you qualify

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