Last month, Mount Sinai St. Luke’s Hospital (formerly just St. Luke’s) sold off five large, turn-of-the-century buildings in Morningside Heights to Delshah Capital for $111.5 million. Now, the firm has filed plans to convert the elaborate old structures to apartments.
A slew of affordable housing projects are headed for an industrial slice of the central Bronx sandwiched between the Cross Bronx Expressway and the elevated subway tracks. The latest development to join the list is a 10-story affordable residential building at 1880 Boston Road, in a long-neglected neglected neighborhood known as West Farms.
A small, pre-Civil War residential building in Brooklyn will be returned to something resembling its former glory. On Tuesday, the Landmarks Preservation Commission approved the restoration of 121 Congress Street. That’s located between Hicks Street and Henry Street in the Cobble Hill Historic District.
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.
A long-stalled, 11-story mixed-use development at the corner of Atlantic Avenue and Boerum Place in Downtown Brooklyn is finally taking shape. Construction chronicler Tectonic recently swung by the site to capture the progress, and the bottom retail floors are already getting glassed up.