UPPER EAST SIDE — New affordable homes to own are planned for York Avenue, officials said.
A developer is proposing to build a 10-story apartment building at 1402 York Avenue, which will include 10 "homeownership" units dedicated to low-income households, according Libby Rohlfing, a spokeswoman for the Department of Housing Preservation and Development.
If HPD approves the plan, those making 80 percent of the area's median income — or roughly $48,000 for an individual or $62,000 for a family of three — will be eligible to apply, the spokeswoman said.
The prices and layout of the homes are still tentative, according to HPD.
Once the plan is approved, the developer, Crest Group LLC, is planning to demolish the existing building, which sits between 74th and 75th streets, according to Christine Sterbent, who represents the company.
But so far permits for construction or demolition have not yet been filed with the Department of Buildings, according to the agency's online records.
Sterbent wouldn't go into further details about the plan, but the developer's website notes that it will include amenities and a doorman.
The project is in the preliminary stages and HPD isn't likely to make a decision on it until December, Rohlfing said.