NEW YORK CITY—A joint venture of Mitsui Fudosan America and Taconic Investment Partners will break ground in the coming weeks on a twin-tower 392-unit housing development on Manhattan’s West side.

The 392-unit project at 525 West 52nd St. will include 79 low-income housing units, comprising 20% of the total development. The complex will feature 304,800 square feet of rentable floor space, with the North Tower rising 22 stories high while the South Tower will total 14 stories and include a rooftop deck. The affordable units are being developed through New York State’s 80/20 Housing Program.

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