New York City

FiDi Tower Dangles 'Affordable' Pads in New Housing Lottery

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Published on April 11, 2026
FiDi Tower Dangles 'Affordable' Pads in New Housing LotterySource: Wikipedia/Ibagli, Public domain, via Wikimedia Commons

Aria 7 Platt, a 38-story mixed-use tower at 7-13 Platt Street in Manhattan’s Financial District, has opened an affordable housing lottery for 75 apartments inside the building’s roughly 250 residences. The set-aside targets households earning between 70 and 130 percent of the area median income, with advertised rents running from about $1,819 for a studio to $4,484 for a two-bedroom. Prospective tenants must meet income and household-size requirements and get their applications in by June 8, 2026.

Unit breakdown and rent tiers

According to New York YIMBY, the lottery offers 25 studios at the 70 percent AMI level with a listed monthly rent of $1,819, along with a 130 percent AMI tier that includes 15 studios at $3,520, 22 one-bedrooms at $3,758 and 13 two-bedrooms at $4,484. Per NYC Housing Connect, eligible household income ranges from roughly $68,126 up to about $227,500, depending on unit size and AMI band, and the portal lays out the fine print for each category.

Design, developer and amenities

The project was developed by The Moinian Group and designed by Hill West, with the 38-story building yielding about 250 rental residences. Amenities range from in-unit washers and dryers, air conditioning and smart heating controls to a gym, media and party rooms, bike storage, concierge services and a rooftop terrace. The listing also notes that tenants are on the hook for electricity, including air conditioning and stoves. These features and the tower’s construction credit are described in coverage by local outlets and the project architect.

Where Aria 7 Platt fits in FiDi

Leasing for the building’s market-rate units launched in January, adding another amenity-heavy rental option to a Financial District that has been steadily filling in with both conversions and new ground-up projects downtown. Trade coverage of the leasing rollout highlights the tower’s transit access, with multiple subway lines and nearby ferry service, and points to the project’s role in the neighborhood’s latest wave of development activity. NY REJ covered the leasing announcement.

How to apply

Interested New Yorkers should apply through NYC Housing Connect, which lists eligibility rules, required documentation and the full lottery timeline, and directs applicants with questions to call 311. Applications must be postmarked or submitted online by June 8, 2026, and applicants are urged to double-check the income bands and household-size charts before hitting submit. For locals keeping an eye on the downtown market, the lottery is another case of a primarily market-rate project carving out a slice of mixed-income units even as Financial District rents stay elevated.