The Battery Park City Homeowners Coalition (BPCHC) meets again to extend the deal that was negotiated in 2011. The 2011 deal saved 11 condominiums in Battery Park City (BPC) from spending $804 million over the next three decades on inflating ground rent. The reduction that they received was approximately 35% in savings, and a ground rent payment of $525 over the next 30 years. 

While it goes without saying that affordable housing is nearly impossible to find in Manhattan, especially with realty prices soaring, the development project at 40 Riverside Boulevard is offering mixed-income housing with luxury condos and affordable apartments in the same building. Among the 274 planned units of the 33-story building, 219 will be luxury condos on the upper floors facing the Hudson River while the remaining 55 units will be designated as affordable housing units with a designated separate entrance, that has become known as the controversial “poor door.” The site’s developer, Extell, has sparked a classist controversy and outrage for this plan to have income-segregated entrances. Extell plans for a mixed-income building due to the potential tax breaks it will receive through the 421a tax exemption program, yet the perceived separate-but-equal logic of the segregated entrances has produced considerable backlash against Extell.

Heads up, apartment hunters—a striking new building is on its way to Chelsea, and this Manhattan luxury development looks like one to keep an eye out for. Developed by Blackhouse and Oriel, this impressive structure will be located at 522 West 29th Street and will contain 27 luxury condominiums. The 11-story building is being designed by SCDA Architects and has been named the Soori High Line.

New York City is known for being home to some of the tallest skyscrapers in the country. If you thought Manhattan towers couldn’t get any taller, you were mistaken! There are residential towers currently under construction such as the 1,397-foot tower at 432 Park Avenue South which will eventually surpass the infamous 1,004-foot One57 tower once both are completed. Well, for those who marked 432 Park Avenue as the New York City’s tallest residential building, you might have spoken too soon. Beating out its skyscraper-like competitors by rising to 1,550 feet, an 88-story Extell mixed-use development plans to emerge at 217-225 West 57th Street, less than a block away from its sibling One57.