The loss of the 421-a tax abatement has certainly hurt development in the Bronx, but a few determined builders are still venturing out to parts of the borough where new construction is rare. Chelsea-based developer Kim Tasher has filed plans for a five-story residential and medical building at 1144 Evergreen Avenue, in the southeast Bronx neighborhood of Soundview.
The 67,500-square-foot development would fill half of a parking lot between Westchester and Watson avenues, two blocks from the Elder Avenue stop on the elevated 6 train. It would hold 73 apartments across 49,420 square feet of residential space, for average units of 670 square feet. The ground floor would have 18,000 square feet of medical offices and a lobby for the apartments.
There will also be a 37-car garage in the cellar, which is required by zoning. But few residents will probably need parking, because the majority of residents in New York City’s poorest neighborhoods simply don’t own cars. Census data indicates that two thirds of the population in Soundview relies only on public transit.
Badaly Architects applied for the permits Tasher’s LLC picked up the 22,500-square-foot vacant lot for $2,900,000 in June.