Looks to be about 11 stories, yes, higher than some of its neighbors, but no higher than some other mid-century buildings nearby. To my mind, this is a terrific example of how you can build affordable units within a reasonable height. I know some will complain, but this ain't 23 stories on the park, and the apartments are very much needed during this housing crisis. I think it's completely reasonable to expect that, if Empire Blvd were to be rezoned, this is the kind of building we could expect, even demand. If this is more than you could handle on Empire, then you certainly know where to find your allies.
Here's what the article says in short about the affordable component, remembering that means-tested housing is needed for a wide range of incomes:
Of the mixed-use building’s 166 units of affordable housing, 20 percent will be set aside for low-income residents, 30 percent for moderate-income and 50 percent for “middle-income,” the city said, with precise income requirements to be determined based on the “AMI” or area median income of the neighborhood.
The claim at this point is that vendors will continue to occupy the ground floor. And while that's a noble goal, something tells me that plan will get scrapped along the way.
Here's the Market currently and its rendering for the future: