Thanks to Fordham University at its northern edge and a relatively stable community of Italians, Albanians, and Puerto Ricans, Belmont remains an attractive place to develop market-rate housing in the Bronx. YIMBY has noticed a handful of new rental projects there in the last year, and now we can add another one to the list.
The development saga at 5 Franklin Place is finally reaching its conclusion, and since YIMBY’s last update on the project from September of 2014, progress has been significant. The latest photos from Tectonic show that cladding and window installation are both complete, although interior work appears to be ongoing. The site had several conceptual designs before it was acquired by El Ad Group after the recession, and ODA designed the final product, which stands 20 stories tall and has 53 condominiums.
Hudson Companies has filed plans for the two affordable pieces of its controversial redevelopment of the Brooklyn Heights Library, at 1043 Fulton Street and 907 Atlantic Avenue in Clinton Hill.
The bustling blocks of the mid to upper-40s are a bit of an urban oddity, existing within the low-rise confines of Hell’s Kitchen, but abutting the skyscraper canyons of Midtown. And while most of the area is already built-out, a few opportunities for infill both large and small still exist, like at 343 West 47th Street, where an existing structure from 1920 is now being renovated and expanded.
The struggling central Bronx neighborhoods of Mount Hope, Tremont, and West Farms are ripe for new construction, and the borough’s small developers are finally starting to take notice. One developer hopes to build a little four-story residential building at 1779 Weeks Avenue, just north of the Cross Bronx Expressway in Mount Hope.