THE ASTON
800 SIXTH avenue, CHELSEA
OVERVIEW
THE ASTON
800 6th Avenue
Chelsea, NY 10001
The Aston was a forerunner in the utilization of the 421-A government programs, known as an 80/20 development, which created affordable and market rate rental homes through a variety of tax credits, low floater bond financings and real estate tax abatements.
This ground-up development in the heart of Chelsea on Sixth Avenue rises 38 stories and features 267 residences with 287,000 square feet of rental apartments, 12,000 square feet of ground floor retail, and parking below grade. Completion was achieved in thirteen months from groundbreaking to receiving the 1st Certificate of Occupancy and generated rents at the highest level.