Officials break ground on largest housing project in Far West Side

housing Credit: Gotham Organization rendering
Mayor Michael Bloomberg presided over the groundbreaking Monday of Manhattan's largest new construction project under his administration's housing plan. The mixed-use development at 550 W. 45th St. will take up almost an entire block in the Far West Side, and includes a 31-story tower. Here's what the project entails:
1,238: New apartments being built with half designated as "affordable"
2,500: Estimated number of tenants
2,900: Constructions jobs to be created
2014: Year the residential units will be finished
$520 million: Project's cost funded primarily by state bonds
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