Hudson Exchange West to Include 85 Affordable Units Starting at $954/month

Hudson Exchange West

Hudson Exchange West

As mentioned last week, the state Economic Development Authority has approved $40 million in state tax credits for the first of two 35-story towers to be built at the Metro Plaza Shopping Center (now renamed Hudson Exchange West), currently the home to Pep Boys, BJs, and ShopRite.

According to developers, 20% of the building (85 units) will be affordable units with rents ranging from $954 for a 1BR to $1,194 for a 2BR. The rest of the units are expected to rent at market rate, which ranges from $2,325 for a 1BR to $3,500 for a 2BR.

There are further details, maps, and even a survey at the Hudson Exchange West website. Construction is expected to begin this August and wrap up by the end of 2017. —NJ.com

6 Comments

  1. Please add my name as a person of interest to the affordable units list. Thank You

  2. I would like to be added to the affordable housing list, please.

  3. I’m very much interested in this building, which is a ten minute walk from my current residence and I can see being built from my kitchen window. I’m considering this as a good sign that I might be living in this building. I’d like to be added to the affordable housing list.

  4. I’m interested in this property would like to be added to the list

  5. I read a while ago that the maximum income for HEW is $42,000. I’d like to know if this apply to just the 20% affordable apartments, or all tenants? Thanks.

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