Azimuth Development

affordable housing, housing lotteries, Upper East Side

The price is right, but the location may not be the most desirable for this new affordable housing building, as it’s situated directly alongside the off-ramp to the Queensboro Bridge. Traffic views aside (we’re hoping they installed sound-proof windows), these 20 apartments at 321 East 60th Street include $1,254/month one-bedrooms and $1,511/month two-bedrooms for those earning 80 percent of the area median income.

More on the project here

Architecture, Chelsea, condos, New Developments

231 West 26th Street, Chelsea, Azimuth Development 3

Here’s our first look at a seven-unit boutique condominium slated for a mid-block site at 231 West 26th Street in northern Chelsea. The developer is the New York-based Azimuth Development Group who plans to supersize the existing four-story building between Seventh and Eighth Avenues. Permits were filed and approved earlier this year and DOB signs have already been posted on the doorway. The 24-foot addition will blot out a few floors of lot-line windows of the adjacent co-op 233 West 26th Street, where a three-bedroom home is on the market for $4.5 million, a price that will likely be similar to its new neighbor.

More details ahead

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