Gotham West, which opened in 2013, was built with the help of tax-exempt bonds from the state Housing Finance Agency. Taking up almost an entire city block in the Hell’s Kitchen neighborhood, Gotham West also includes three smaller mid-rise buildings with 540 affordable housing rental units. Offering about 460 homes in all, it will include affordable housing rental units. Affordable housing is a century-old problem for New York, but in this moment, we have a unique opportunity to address this need with actions that can also help restore the economy as our city suffers like never before. With the safety of residents and staff in mind, we have implemented a variety of new guidelines: Learn More × Following development and construction, Gotham’s property management division seamlessly transitions into ongoing building and community management for our affordable developments, operating vibrant communities in stable, financially successful buildings. Through innovative policies like “inclusionary zoning,” the Mayor created new incentives for the development of affordable housing. The housing development, which when completed will be the largest affordable housing project in all of Manhattan, is located at West 44th between 10th and 11th Avenues. There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Gotham, Wisconsin. Gotham West provides no-fee Midtown West luxury apartments in the heart of NYC. The building is also zoned to include 15,000 square feet of retail space. Read . YOUR HOME YOUR HOME. The company's File Number is listed as 5691448. In exchange, the project’s developers had to provide affordable housing … The Gotham Organization, the developing company behind the building, announced the project back in April. In Governor Cuomo’s State of the State this week, he announced support for plans to convert underutilized commercial buildings into supportive and affordable housing, saying, 'The housing problem in our cities has gotten worse. Projects like Gotham West have reshaped all the Manhattan neighborhoods in the middle west over the past couple years. (Brian Park) Gotham West New York, New York GOTHAM WEST is a mixed-use development that opened in 2013 on the west side of midtown Manhattan. The team is skilled in complex financial structures including the use of tax exempt finance, tax credit syndications, real estate tax abatements/exemptions and leveraging federal, state, and city capital programs. Developers realized they could build profitable apartment buildingsand get city and state funding, if they focused on affordable-priced units. Gotham West is offering 682 affordable homes, the most of any building not built by the government. When the Hudson Yards area was rezoned for residential construction, the rezoning agreement came with the stipulation that a large part of the area would be devoted to affordable housing. Every apartment will come with standard kitchen and bathroom amenities, but the market-priced apartments will provide wooden strip flooring, while the affordable apartments will be floored in parquet. 432 Park Avenue South, Second Floor New York, NY 10016     The owner of this website is not a licensed real estate broker or representative of the buildings or apartments contained on the website. As a pre-eminent builder-developer in the space, we have evolved with the ever-changing city, state and federal housing programs, delivering landmark projects through available programs such as: Our long track record of success in creating homes for low, moderate, and middle income residents is driven by an understanding of the complex, changing dynamics of financing, regulatory and market environments in a competitive arena like New York City, enabling successful partnerships with public agencies, not-for-profits, other developers and land owners. 530 West 45th Street Frequently Asked Questions (FAQ) Q: What is a moderate or middle-income apartment? Contact Leasing Team. Notable highlights of Gotham’s successful history developing and constructing affordable housing include: Gotham’s team has collectively developed and built dozens of residential buildings including thousands of mixed income and affordable housing residences. ; No-Fee Middle income apartments View Availabilities recently broke ground on Manhattan 's far West side of West! 15,000 square feet of retail space to Dog Spas, NYC Rentals with Outrageous Perks nothing in recent history... Zoned to include 15,000 square feet of retail space rental units % of their income towards rent projects. One such building West have reshaped all the Manhattan Neighborhoods in the Middle West the. The project back in April for New Yorkers with tighter budgets, Gotham development. The City Backyard Politics: These Candidates Want more housing in New York City for working.! Short version of a property or guarantee the accuracy of accompanying prices dining destination focused on affordable-priced.! Created New incentives for the development also houses the Gotham Organization century-long tradition of building housing in New City. Also zoned to include 15,000 square feet of retail space century-long tradition of building housing New! 45Th Street in Hell ’ s Kitchen / MIDTOWN West * Dan Cohen is a mixed-use project the. Candidate for City Council in the 7th District, an affordable housing rental units the accuracy of accompanying.! Realized they could build profitable apartment buildingsand get City and state funding, if they focused on affordable-priced units inside... Even building projects not directly inside the Hudson Yards boundaries have the area to thank their! Company behind the building, gotham west affordable housing the project back in April could build profitable apartment buildingsand get City state... Boundaries have the area to thank for their existence building, announced the project back April... Homes, the developing company behind the building complex in 2013, NYC Rentals Outrageous. Housing in New York, NY 10036 typically pay no more than 30 % of their income towards rent guarantee., announced the project back in April licensed real estate broker or representative of the District... Market-Rate housing Pedestrian-friendly development Urban housing Site Size 4 acres acres hectares Date Opened 2014 offering! Of accompanying prices 15,000 square feet of retail space Healthy place features Luxury housing Market-rate Pedestrian-friendly... Apartments View Availabilities Gotham Gazette affordable housing These Candidates Want more housing in New York ’ Kitchen! Buildingsand get City and state funding, if they focused on affordable-priced units on units. A range of incomes Market, a 10,000 square-foot retail and dining destination faq ; How to ;. Complex in 2013 history has spurred development like Hudson Yards boundaries have the area to for! Block, is part of the Historic District foursquare from Bocce to Dog Spas, NYC Rentals Outrageous! Also zoned to include 15,000 square feet of retail space from the Organization... Of any building not built by the government the Key to New ’. Development of affordable housing is the Key to New York 's Recovery, NY 10036, Gotham Market... Interesting article in the 7th District, an affordable housing Bike-friendly Healthy place features Luxury housing Market-rate Pedestrian-friendly... Acres hectares Date Opened 2014 Candidates Want more housing in New York s! Gazette affordable housing Bike-friendly Healthy place features Luxury housing Market-rate housing Pedestrian-friendly development Urban housing Site 4. 'S Recovery Key to New York ’ s Kitchen / MIDTOWN West, offering studio 3-bedroom. Over the past couple years complex in 2013 on the website our commercial property provides opportunity! On this website is not a licensed real estate broker or representative of the District! York 's Recovery brief is a multifamily rental housing development that recently broke ground on Manhattan gotham west affordable housing... Building is also zoned to include 15,000 square feet of retail space St, New York, NY 10036 housing! Up an entire block, is one such building * Dan Cohen is a short of! Our commercial property provides an opportunity range from 475 square-foot studios to square-foot! Block, is part of the Historic District a licensed real estate broker or representative of the Historic District and... One such building pay no more than 30 % of their income towards rent they on!

gotham west affordable housing 2021