Last week, we talked to Joshua Weissman of JCAL Development about his market-rate projects in the South Bronx, and now we have a rendering of his affordable building underway at 950 Summit Avenue, near Yankee Stadium in Highbridge.
The six-story development will fill a parking lot on the northeast corner of West 162nd Street and Summit Avenue, a block east of the Major Deegan Expressway and three blocks west of the stadium. Dubbed Summit Ridge Apartments, the building will hold 58 units reserved for renters who make no more than 60% of the city’s Area Median Income. Household incomes will range from $36,500 for an individual and go as high as $51,780 for a family of four.
Apartments will break down into eight studios, 20 one-bedrooms, 24 two-bedrooms, six three-bedrooms and one two-bedroom for the superintendent. The 56,046-square-foot building will have fairly large apartments for affordable housing, with average units clocking in at 972 square feet.
Aufgang Architects designed the building, which incorporates a mix of light and dark brick and matches some of the neighboring prewar walkups. JCAL is developing the building on behalf of the city’s Department of Housing Preservation and Development and the NYC Housing Development Corporation, which has agreed to keep the units affordable for 60 years.
Excavation and foundation work began in January, and the building is expected to start welcoming tenants in December 2016. Fortunately, the building doesn’t include any expensive parking—a requirement that will likely be scrapped for affordable developments near public transit under the updated zoning code.