Dozens of luxury apartment units at 42 West 33rd Street between Fifth and Sixth Avenues are being offered at below market-rate rents and are currently accepting lottery applications. The new development, known as Solari, is renting studios, one-bedroom and two-bedroom apartments.
A total of 45 units (14 luxury studios, 26 one-bedrooms and 5 two-bedrooms) have been put aside for affordable housing – The no fee New York City apartments are renting at 60 percent of the Area Median Income and the deadline date in accepting applications is December 4th. Solari’s affordable housing units, also known as below-market units will be rented to families earning a combined income between $33,875 and $57,240 annually, according to the housing lottery. Individuals earning an annual salary between $31,612 and $40,080 are eligible to apply for the Solari rentals. These selected below-market luxury units will rent at the following prices:
- Studios will rent for $867 per month;
- One-bedroom apartments will rent for $931 per month;
- Two-bedroom apartments will rent for $1,123 per month.
If you don’t qualify for the lottery process, don’t worry. Solari has a total of 233 no fee luxury apartments in Midtown with quality amenities (like an indoor swimming pool) just waiting to be checked out.
Solari, the Midtown NYC no fee rentals, are brand spanking new and accepting occupants. The Solari mixed-use building was designed by the Stephen B. Jacobs Group, based in the Big Apple on Park Avenue. The Stephen B. Jacobs Group is a full service architectural and interior design firm founded in 1967. They also designed the Greenwich Street Hotel in Tribeca. The owner, developer and property manager of Solari is the Torkian Group with Hersel Torkian at the helm.
So, remember…if you’re looking for a new option, think of Solari no fee apartments in Midtown. And don’t forget to get your lottery application in before the deadline.