Luxury apartment building SKY at 605 W42nd Street is accepting applications for four luxury apartments — and is setting up a waitlist for future vacancies.

Sky Apartment Rents
A distinctive Yayoi Kusama pumpkin fronts the luxury apartment building SKY on W42nd Street. Photo: Phil O’Brien

The Moinian Group, which owns and manages the 71-story apartment building, is looking for New Yorkers to live in either a one-bedroom apartment or one of the three studios that have just become available. Those who are unsuccessful on this application will be added to a waitlist for future vacancies.

According to a Manhattan Community Board 4 letter from June 2013, the building was built to include 1,191 units of which 238 are reserved for low-income individuals and families. Those 238 units include 71 studios, 121 one-bedrooms, and 46 two-bedrooms. This building was constructed and completed in May 2016 under the Inclusionary Housing Program and received a Tax Exemption through the 421-a Tax Incentive Program.

SKY boasts an expansive 70,000 square feet of amenity space managed by Life Time Fitness, featuring many leisure options including a multi-level gym, a water club with a LifeSpa, a lap pool and a professional-size basketball court. The outdoor amenities are just as lavish, offering two zero-edge pools and a sprawling outdoor park. In addition to these luxuries, the building houses retail spaces, notably a Manhattan Volvo car dealership and more recently added pickleball courts. There is one of artist Yayoi Kusama’s pumpkins in front of the building.

Catering to pet owners, the building allows up to two pets per household, although a pet fee and breed restrictions apply. Additional membership and reservation fees may also be charged for select amenities. Tenants are responsible for electricity. Rent includes gas for cooking and heating.

The current availability is for one 40% AMI one bedroom, one 60% AMI studio, two 120% AMI studios — and prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online before September 25, 2023. It is recommended to use the Housing Connect service for lottery applications. There are no deposit or application fees involved.

WHAT YOUR LIKELY TO PAY — AND NEED TO EARN

40% One-bedroom (one available)
Rent Range: $582-707
Income Range:
1 person: $22,869-39,560
2 people: $25,818-45,200
3 people: $25,818-50,840

60% Studio (one available)
Rent Range: $890-931
Income Range:
1 person: $33,086-59,430
2 people: $33,086-67,800

120% Studio (two available)
Rent Range: $1,968-2,078
Income Range:
1 person: $66,789-118,680
2 people: $66,789-135,600

In July, the Daily Mail reported that residents at SKY had been plagued by 14 burglaries between March and June, according to NYPD. Tenants criticized lax security and delayed notifications from building management. The Moinian Group told the Mail: “Our management team at SKY has been working tirelessly to ensure the safety of all of our residents, despite the fact that we are dealing with an unprecedented surge in crime throughout all neighborhoods in New York City.”

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6 Comments

  1. How do we make an application for the Sky building. It is not coming up on NY Housing Lottery website.

    Thank you.

      1. Would appreciate the editors and journalist of your site reporting on the massive mismanagement at Sky – year after year, issue over issue. You’re promoting a building that is sorely mismanaged. Research please.

  2. I’ve lived here @ Sky for nearly 6 years. I’ve followed this neighborhood website longer. I’m sad to see W42st.NYC promoting Sky with no due diligence. It’s not a nice place to live – poorly managed building purposely – time and time again. W42nd street should expose the management not promote it.

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