The Moinian Group's 60-story residential tower at 605 West 42nd Street (formerly known as "Atelier 2") is set to received $550 million in bonds from the Bank of China to finalize the tower's construction. It currently sits at 14-stories. The building will hold a total of 1,174 studios, one- and two-bedroom units, and 235 of those will be affordable housing. [Commercial Observer; previously; photo via ILNY/Curbed Flickr pool]
Filed under: