In April, YIMBY reported on applications for an 11-story, 11-unit residential building at 1402 York Avenue, located between East 74th and 75th streets on the Upper East Side. Now, a rendering has been revealed of the project, via DNAinfo. The units, averaging a spacious 1,926 square feet apiece, surprisingly won’t be condominiums, at least in the beginning. The full-floor rental apartments will be known as “homeownership” units, which means tenants can put their rent payments towards buying their home. Of the 11 residential units, 10 of them will begin by renting at below market-rates. Crest Group is the developer, with Kossar + Garry Architects behind the design.
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