Developer Plans Affordable Units For New Midtown East Residential Project
(DNAINFO) Noah Horowitz | January 3, 2016 — A developer is looking to build affordable units in a planned 22-story building on East 54th Street, a spokesman for the Department of Housing Preservation and Development said.
An application is currently pending for below-market-rate units in the planned building at 230-232 E. 54th St., between Second and Third avenues, under HPD’s inclusionary housing program.
The number of units has not been specified yet, a department spokesman said.
A new building permit filed in October shows plans for a single 22-story, 237-foot mixed-use building rising on the footprint of the two current structures there. It would include 75 residential units and 585 square feet of commercial space on the ground floor.