524 East 14th Street

affordable housing, East Village, housing lotteries

500-524 East 14th Street, Target, Extell Development

Rendering via Extell Development

An Extell Development rental building in the East Village is now accepting applications for 50 newly constructed, middle-income units. Not only does the chic building at 524 East 14th Street boast amenities like a fitness center, pool and rooftop deck, it will also have a two-level Target, the chain’s first location in the neighborhood. Qualifying New Yorkers earning 70 and 130 percent of the area median income can apply for units ranging from $1,114/studios to $2,733/month two-bedrooms.

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East Village, New Developments

500-524 East 14th Street, Target, Extell Development

Rendering via Extell Development

With construction wrapping up, Extell Development’s two-tower rental complex on 500 and 524 East 14th Street got new renderings this week, revealing luxury amenities and ground-floor retail, including Target, the store’s first East Village location. Opening in July, the popular chain will sit in one building of Extell Development’s complex, which was designed by Beyer Blinder Belle. According to CityRealty, the “flexible format” Target will span 9,649 square feet on the ground floor and 17,705 square feet in the cellar of 500 East 14th Street. The development will also include 160 total new rental apartments, with 32 set aside for low-, moderate- and middle-income households.

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