Extell’s ginormous rental building at West 41st Street and Tenth Avenue is offering up an additional set of affordable apartments at the 56-story building. The affordable housing lottery on the first set of rentals launched in May 2016 with apartments starting at $910 per month. At that time, 120 apartments were being offered through the lottery.
In this go around, 90 apartments are up for grabs. They come in studio through three-bedroom variants with prices starting at $613 per month. The apartments are being offered up in two income bands: for those making 40 percent of the area median income, and for those making 120 percent of the area median income.
On the upper end, apartments are renting for $2,875 per month, for a three-bedroom, where family members are earning anywhere between $101,143-$132,840 annually. Here now is a full breakdown of the different kinds of apartments being offered, and their corresponding rents:
Residents at 555Ten, as the building is known, will have access to amenities like an indoor and outdoor pool, a bowling alley, a children’s lounge, and a dog-care center, among others. The only caveat of course is that residents living in the affordable units have to pay additional fees to access these amenities. We got a peek at those cushy amenities earlier this year.
Extell debuted the market-rate rentals for the building last fall, rents for which started at $3,150 per month. There are still a good amount of market-rate rentals up for grabs here with prices ranging from $3,130 per month for a studio, and going up to $9,850 per month for a three-bedroom, three-bathroom apartment. The SLCE Architects-designed building features a total of 600 apartments.
As for the newest set of affordable rentals, prospective residents have until October 23, 2017 to apply.