Developers have secured financing for The Ridge Street Apartments, a 16-story affordable senior housing building at 145 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Grand Street Guild, Catholic Homes of New York, and the New York City Department of Housing Preservation and Development (HPD), the structure will yield 190 100-percent affordable units in studio, one-, and two-bedroom layouts. The bulk of the homes will be available for seniors aged 62 and older earning up to 50 percent of the area median income, with 30 percent reserved for formerly homeless seniors aged 55 and older. The property is located between Ridge and Attorney Streets.
145 Broome Street
