600 West 42nd Street is managed by Silverstein Properties.
Residents of Silver Towers enjoy an unparalleled luxury lifestyle. Building amenities include a quarter acre park with Tom Otterness sculpture, an outdoor entertaining terrace, 20,000 square feet of spa and gym facilities including a 75-foot indoor pool, a library lounge, a glistening arrivals court with private parking, and personal concierge services.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | From $2,780 To $3,280 |
One Bedroom (1/1.5) | - | $4,995 |
2 Bedroom (2/2) | - | From $5,510 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New York City but actual income limits may differ for units at 600 West 42nd Street.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $49,450 | $56,500 | $63,550 | $70,600 |
Low Income (60%) | $59,340 | $67,800 | $76,260 | $84,720 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.