Updating a story MHProNews.com last posted April 16, 2014 regarding the Stack, a 28-unit modular apartment building in the Inwood section of New York City, therealdeal.com reports the city’s first modular development is now leasing. Designed by Gluck+ and developed by Kimberly Frank and Jeffrey Brown, the 56 modules were constructed in Pennsylvania and shipped to NYC. Only the foundation and the concrete first floor–which will be 4,000 square feet of retail space—were built on site of the seven-story building. Amenities in the 38,000 square foot building include tenant-controlled HVAC, a virtual doorman, bicycle storage, on-site laundry facilities and a common outdoor landscaped terrace. According to a news release from Douglas Elliman Development Marketing, rental prices start at $1,750 for the studios, one, two, and three bedroom apartments. Our post from April 16 stated a lottery would be held for those qualifying for affordable housing, with units starting at $909 per month for a one-bedroom apartment, information that could not be immediately confirmed. ##

(Photo credit: therealdeal.com–the Stack modular apartments in NYC)