Lloyd Goldman’s BLDG Management in New York is moving forward with its plans for a new rental tower at 222 East 44th Street in Manhattan. The firm has gotten $251 million in financing for the project, reports The Real Deal.
The new building will rise to 449 feet in height and have more than 360, 000 square feet of space. It will have 429 rental units, of which 87 will be reserved for affordable housing under New York’s 80/20 tax break plan.
Renderings for the new building are not yet available. Three possibilities were offered by NY Yimby back in February, but it appears that none of those will be used since the project’s architect has changed.