New luxury rental launches lottery for 95 mixed-income units
LOS ANGELES: Low income seniors are welcome in a high end rental tower in the heart of the city.
Applications are now being accepted for 95 mixed-income units at a new development on the Lower East Side. Located at 55 Suffolk Street, The Suffolk rises 30 stories, contains 378 total residences, and boasts amenities like a rooftop pool, outdoor terrace, and fitness club. New Yorkers earning 40, 50, and 100 percent of the area median income can apply for the available apartments, priced between $710/month for studios and $2,810/month for three-bedrooms.
Developed by the Gotham Organization and designed by Dattner Architects, The Suffolk is part of Broome Street Development, a mixed-use project with 488 new rentals, as well as new facilities for the Chinese-American Planning Council (CPC) and the Beth Hamedrash Hagodol synagogue.
The development’s second tower is at 64 Norfolk Street. The Norfolk has 115 affordable apartments for seniors and a new worship space and cultural heritage center for the synagogue.
The Suffolk contains a total of 378 residences, some of which are new “micro-units.” Occupying three floors of the building, the smaller units measure between 315 and 350 square feet and come equipped with built-in murphy beds, as 6sqft previously reported.
Pricing for the market-rate units not part of the lottery is expected to be released in the coming weeks. The Suffolk is scheduled to open sometime this spring.
Amenities include a full-floor suite with a lounge, an outdoor terrace, co-working lounges, conference rooms, a fitness center, and a game room. Other perks include a rooftop pool, sundeck, 8th-floor terrace, lawn, fire pit, and barbeques.
Nearby public transit options include the F, M, J, Z, 4, and 6 subway lines, as well as the M9, and M14A-SBS buses.
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- Rendering courtesy of Conway and Partners
