Only 3 Apartments in New 22-Story Midtown Building Will be Affordable
(DNAINFO) Noah Horowitz | January 13, 2016 — A new 22-story residential building slated to rise on East 54th Street will include just three below-market apartments out of at total of 75 units, according to the developer.
The new development planned for 230-232 E. 54th St. between Second and Third avenues will include the minimum number of affordable units required to qualify for the Department of Housing Preservation and Development’s inclusionary housing program, according to the developer of the project.