Rockrose Development’s rental building in Long Island City at 43-25 Hunter Street was once set to be the borough’s tallest building. That was 2013, and seeing that this is New York City, that record has since been eclipsed. That doesn’t mean this 50-story building is a small-scale project by any means. Last week, the affordable housing lottery got underway with 195 apartments up for grabs from a total 974 units, The Court Square Blog reported.
Of the 195 affordable rentals, 70 are studios that are being offered to individuals making between $32,640 - $38,100 annually for $913/month. There are 91 one-bedrooms open to people making between $34,971-$43,500 for $980/month, and 34 two-bedrooms renting at $1,183/month for incomes ranging between $41,965-$54,360.
Those interested will be able to apply until November 30. The development topped out in May this year and when a reporter for the Court Square Blog stopped by at the construction site in mid-October, they observed that most of the building had been fitted with its glassy facade.
The Hayden, as rental tower is officially known, was designed by SLCE Architects and stands 535-feet tall. No word yet on how much the market-rate rentals will go for, but the project has an anticipated 2017 completion date. With amenities like a rooftop solarium, a basketball court, and a screening room it’s likely that they will be pretty pricey.