21 Affordable Apartments Planned For New Madison Avenue Building: Records
(DNAINFO) Noah Horowitz | December 23, 2015 — A developer is planning to build nearly two dozen below-market-rate units in a new residential building on Madison Avenue, according to city officials.
Developer Kahen Properties is seeking city approval to build a 21-story residential building at 143-145 Madison Ave. between East 31st and East 32nd streets, with 21 of the planned 71 units slotted for below-market-rate tenants, according to a spokeswoman for the Department of Housing Preservation and Development and permits filed with the city.