Affordable Housing Lottery Opens for 75 Apartments in FiDi Tower, Offering Mixed-Income Options
An affordable housing lottery has been launched for 75 mixed-income apartments at a 38-story residential tower in the Financial District, New York. Developed by the Moinian Group, the Aria 7 Platt at 7 Platt Street offers luxury residences with a variety of indoor and outdoor amenities. The units are available to New Yorkers earning 70 and 130 percent of the area median income, with prices ranging from $1,819 per month for studios to $4,484 per month for two-bedroom apartments. The building, constructed by AECOM Tishman, is one of the last projects completed under the expired 421-a tax abatement program, which encouraged developers to include affordable housing in exchange for property tax exemptions. The tower features amenities such as a penthouse lounge, fitness center, and a rooftop sundeck. Applications for the lottery are open until June 8, 2026. 
