Archstone West 54th (The Foundry) at 505 W 54th St — Tax-credit housing in Manhattan

505 W 54th St, Hell's Kitchen & Clinton, New York City, NY, 10019

Contact the management office at the building

Rent capped by area income · not 30% of your income · 222 units

About this apartment

Archstone West 54th (The Foundry) at 505 W 54th St, Manhattan is a tax-credit affordable building with 222 apartments (45 income-restricted). Rents are capped based on area income — they aren't set at 30% of your income. Contact the management office to ask about openings.

This is a tax-credit (LIHTC) affordable building. Rents are capped based on area income; they aren't set at 30% of your income, so the rent can still be more than a third of what you earn. If you have a Section 8 voucher, the voucher can help cover the rent here.

About this building

Archstone West 54th (The Foundry) is at 505 W 54th St, New York City, NY 10019. HUD's tax-credit database lists 222 apartments, 45 of them income-restricted (47 studio, 131 one-bedroom, 44 two-bedroom), placed in service in 2001.

Who can apply

Most apartments are for households earning at or below a set share of the area median income (often 60%; some units are set lower or higher). Each building sets its own income bands and rents by household size.

How to apply

1. Contact the management office at the building and ask whether any apartments or a waiting list are open.
2. Check New York State's official Housing Search and NYC Housing Connect — new tax-credit apartments and re-rentals are often listed there.
3. Have ID for every household member and recent proof of income ready.

Section 8 vouchers

Federal law bars tax-credit buildings from turning down an applicant just because they use a Section 8 voucher. New York City and New York State law ban source-of-income discrimination, so a landlord can't turn you down because you use a voucher or other housing assistance (NYC Human Rights Law § 8-107(5)). Learn your rights.

Nearby

See more subsidized and voucher-friendly housing on the New York City page, and read how to apply for the NYC housing lottery and how to apply for Section 8 in NYC.

Source: HUD Low-Income Housing Tax Credit (LIHTC) database (Nov 2026). HUD's data may lag reality and does not list rents, openings or contact details — always confirm with the building. This is not an availability listing.

Similar apartments nearby