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Read the press release here.

Score a $566 Apartment in a High Rise Near Herald Square

By Noah Hurowitz | February 8, 2016 12:13pm
 Affordable units are available by lottery at 855 Sixth Avenue.
Affordable units are available by lottery at 855 Sixth Avenue.
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Durst Organization

MIDTOWN SOUTH — The application process opened Monday for below-market-rate studios and one- and two-bedroom apartments in a new high-rise near Herald Square — with prices starting as low as $566.

There are 75 open slots for affordable units at “EŌS,” the Durst Organization’s new 41-story tower at 855 Sixth Ave., which at 500-feet tall holds the dubious honor of being tied for the city’s shortest skyscraper.

The building includes ground-floor retail and six floors of office space, in addition to 375 rental units.

 
Studios are available at $566 per month for one person earning between $20,743 and $24,200 and $717 for one person making between $25,920 and $30,250.

One-bedroom apartments priced at $608 per month are open to single applicants making between $22,218 and $24,200 and to two people making between $22,218 and $27,640, while one-bedrooms priced at $770 are open to single applicants making between $27,772 and $30,250 or two people with an income between $27,772 and $34,550.

Two-bedroom apartments are available at $736 to families with a minimum income of $26,640 and a maximum income of $27,640 for families of two, $31,080 for three, and $34,520 for four.

Slightly pricier two-bedrooms with rents of $930 per month are available to families with a minimum income of $33,292 and a maximum income of $34,550 for two people, $38,850 for three and $43,150 for families of four.

► READ MORE: INTERACTIVE: What is AMI?

Preference for 50 percent of the affordable units will go to residents of Manhattan Community Board and 5 percent of the units will be set aside for municipal employees. Another 2 percent of the units are reserved for mobility-disabled applicants and 2 percent for vision-impaired applicants.

Amenities for all residents of the building will include a pool, basketball court, a media room for kids on the 41st floor and a landscaped roof terrace with views of the Empire State Building. 

The deadline for applications is April 11. The units are available through the city’s affordable housing lottery, which at about 843 applications per unit offers far better odds than the recent $1 billion Powerball jackpot. For more information, see the city's housing lottery website.