232 East 54th Street


232 East 54th Street. All images courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 232 East 54th Street in Midtown East, Manhattan

The affordable housing lottery has launched for The Gilroy, a 40-story tower at 232 East 54th Street in Midtown East, Manhattan. Designed by Ismael Leyva, the Art Deco-inspired high-rise yields 130 units. Available on NYC Housing Connect are 40 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $45,566 to $167,570.

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232 East 54th Street Wraps Up Construction in Midtown East, Manhattan

Construction is wrapping up on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. Located between Second and Third Avenues, the 40-story structure is designed by Ismael Leyva Architects and Elk Investors is listed as the developer, though YIMBY last reported that ownership may have fully transferred to Mossanen Group under the East 54th Street Properties LLC.

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Façade Installation Progressing at 232 East 54th Street in Midtown East

Façade work is making progress on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. The 40-story structure is designed by Ismael Leyva Architects, and Elk Investors is last reported to be its exclusive developer, though ownership may have fully transferred to Mossanen Group and an LLC known as East 54th St. Properties. The topped-out tower rises between Second and Third Avenues, not far from landmarks like the Lipstick Building and 601 Lexington Avenue, formerly known as the Citigroup Center.

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232 East 54th Street’s Curtain Wall Takes Shape, in Midtown East

Exterior work is progressing on 232 East 54th Street, a topped-out 420-foot-tall residential tower in Midtown East. Designed by Ismael Leyva Architects, the 40-story structure is located between Second and Third Avenues near a number of notable buildings such as the Lipstick Building at 885 Third Avenue and the 915-foot-tall Citigroup Center, aka 610 Lexington Avenue. YIMBY last reported that Elk Investors was listed as the exclusive developer of the building, though ownership may have fully transferred to Mossanen Group and an LLC known as East 54th St. Properties.

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