- Thor’s Newly-Restored 98 Morningside Offering One Month of Free Rent [link]
- Field Condition Captures the Completed Amenities at 555Ten [link]
- Om Sweet Om: Downtown Brooklyn Rental, City Tower, Introduces Meditation Classes as Newest Amenity [link]
- Canal-Side 363 Bond Street Unveils Model Apartments; Offers 1 Month Free Rent [link]
- Chelsea29 Launches Leasing; Offers Two Months Free Rent [link]
- Checking in on Long Island City’s Boldest Rental, 2222 Jackson Avenue; Now Leasing with 1 Month Free [link]
- Former Hotel Makes Its Debut as the Murray Hill Marquis; New Rentals from $2,575/Month [link]
- This New Bushwick Rental was Definitely Designed by an Architect, Two-Beds from $2,355/mo. [link]
- Free Rent & Reduced Security Deposits at Upper East Side High Rise [link]
- Leasing Special at Jersey City’s Madox Rentals; Apartments From $2,379/Month [link]
- Related Promises the Highest Quality Rental Interiors Ever at One Hudson Yards [link]
- 800 Union: Luxury Park Slope Rentals Release New Renderings & Teaser Site [link]
- Grand Opening of Rental Building at 246 Johnson Ave in East Williamsburg [link]
- Live in SHoP’s American Copper Buildings from $2,975/Mo; Read Carter’s New Review [link]
- Behold the Views (Present & Future) from Midtown’s 555TEN, Now Leasing with Two Months Free Rent [link]
- Leasing Begins at Jersey City Urby, Vertical Community + Stunning Views from $2,000/Month [link]
- Take In the Incredible Views at 1 QPS Tower; LIC’s Newly-Opened Rental Leasing From $1,989/Mo. [link]
- NoMad’s One Sixty Madison Offering One Month Free on Select Residences [link]
- Cassa Hotel and Residences Offering Up To Two Months of Free Rent [link]
- Midtown’s Slender Icon Offering Months of Free Rent & Sedate Skyscraper Living [link]
- Midtown’s Townsend Now Offering Two Months Free [link]
- Jersey City’s 41-Story Rental Tower Announces Summer 2017 Opening & Reveals Pricing [link]
When Mayor de Blasio took office in 2014, he vowed to build or preserve 200,000 units of affordable housing over 10 years, and so far, he’s made good on his word, despite the loss of the city’s controversial 421-a program. The Times reports that today the Mayor will announce that his administration has added 21,963 affordable units in 2016, the most since 1989. Of these apartments, 6,844 were in newly constructed buildings and roughly 4,400, or 20 percent, were reserved for low-income New Yorkers earning less than $25,000 (much more than the eight percent goal). More than 30 percent were in Manhattan, followed by 29 percent in both the Bronx and Brooklyn.
Model unit designed by Lillian August
After launching its affordable housing lottery for 120 below-market rate units back in May, 555Ten has revealed pricing for its 478 market-rate rentals, ranging from $3,150/month studios to $6,250/month two-bedrooms. Designed by SLCE Architects and developed by Extell, the 610-foot, 53-story glassy skyscraper will offer an over-the-top amenity package (including a dog run, two salt water pools, and a bowling alley) and custom-designed interiors from McGinley Design. The model units are open for business, and we’re told that the amenity spaces will start to reveal themselves later this week in anticipation of November occupancies.
Last September, 6sqft reported the topping out of Extell Development‘s 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building’s 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms.
Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.