New Manhattan Luxury Building Opens Affordable Housing Lottery With Units Starting at $1,450 - NBC New York

New Manhattan Luxury Building Opens Affordable Housing Lottery With Units Starting at $1,450

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    NEWSLETTERS

    Luxury NYC Building Offers Cheap Units

    Applications close October 11. Credit: AP Images, Getty Images, Charles Sykes/Invision/AP

    (Published Tuesday, Aug. 15, 2017)

    One of the fanciest new luxury buildings in Manhattan is offering units to rent starting at $1,450 -- but there's a catch.

    The 36 units being offered at below-market rents inside the Via 57 West in Hell's Kitchen are part of an affordable housing lottery, meaning applicants' qualifying income levels will have to range between $51,532 for a single-person household and $132,840 for a six-member household. 

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    Rents for the affordable-housing units range from $1,448 for a studio to $2,902 for a three-bedroom apartment. Currently, active listings for the market-rate units range from $3,600 for a studio to nearly $8,000 for a three-bedroom. 

    Photo credit: NYC Housing Connect

    Via 57 West has made its mark on the Manhattan skyline with its unusual pyramid-like shape. Designed by Bjarke Ingels, it promotes itself as a sustainable-living building; amenities include a 22,000-square foot courtyard, a screening room, a game room, a swimming pool, a fitness center, a half-basketball court and several lounges. 

    The deadline to enter the lottery is Oct. 11. People can apply online at NYC Housing Connect. 

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