October 25, 2018
New Yorkers earning 130 percent of the area median income can now apply for 28 middle-income units at the Avalon Midtown West. The 41-story, 440-unit rental is located at the southeast corner of Eighth Avenue and 50th Street, so if living across from the Gershwin Theatre and swarms of "Wicked" fans doesn't sound appealing this may be a pass. The available units range from $2,138/month studios to $2,993/month two-bedrooms. This may not sound immediately "affordable," but market-rate apartments of that size are going for $3,329 and $5,827, meaning you're actually getting close to a 50-percent discount.
Find out if you qualify