The affordable housing lottery has launched for 1998 Second Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by GF55 Partners and developed by Peter Fine of Bolivar Development, the structure yields 164 residences. Available on NYC Housing Connect are 51 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $215,150.
1998 2nd Avenue
Permits have been filed for a 12-story mixed-use building at 1998 Second Avenue in East Harlem, Manhattan. Located on the corner of East 103rd Street and Second Avenue, the lot is two blocks east of the 103rd Street subway station, serviced by the 6 train. Peter Fine of Bolivar Development is listed as the owner behind the applications. He purchased the almost-full-block property for $28.5 million last year.