Since standing three stories tall nearly a year ago, construction is now wrapping up on the 13-story, 66-unit residential building under development at 477 Gerard Avenue, on the western end of Mott Haven. YIMBY can bring you a progress update thanks to photos posted to the forums. The latest building permits indicate the structure encompasses 78,468 square feet. The residential units, market-rate rental apartments, should average 832 square feet apiece. Amenities include a 36-car parking garage, storage for 34 bikes, and a rooftop terrace. Harshad Patel, doing business as Floral Park-based Jai Ganesh Realty, is the developer and Flushing-based Michael Kang is behind the architecture. Occupancy can probably be expected later this year.
477 Gerard Avenue
The South Bronx is finally seeing the first glimpses of large, market-rate development, and one hotel developer has taken the plunge by filing new building applications for a 13-story apartment building at 477 Gerard Avenue in Mott Haven, next to his under construction hotel at 500 Exterior Street.