The South Bronx neighborhood of Morrisania is finally experiencing some new economic development, propped up on the foundations of small market-rate projects and larger affordable developments like this one, a 120-unit complex planned on vacant land next to Thessalonia Baptist Church.
A narrow lot at 1661 Madison Avenue, between East 110th Street and Tito Puente Way in East Harlem, may soon sprout a skinny 10-story apartment tower with ground floor retail, according to new building applications filed today.
An LLC has filed applications for a four-story, seven-unit residential building measuring 6,250 square feet at 108-22 50th Avenue, in eastern Corona. Gino Longo is designing the project, and a former two-story wood-framed structure was recently demolished.
Property owner Wonwoo Chang has filed applications for a four-story, four-unit residential building measuring 3,114 square feet at 32-29 44th Street, in the southeastern part of Astoria. Anastasios Giannopoulos is designing, and an existing single-story structure must first be removed.
Brownstoner reports the vacant lot at 1294 Bushwick Avenue, in southern Bushwick, as well as the three-story townhouse at No. 1296, are on the market as a development site for $1.25 million. The site is pre-approved for two buildings and a total of six units — the existing townhouse is to be kept and expanded under approved plans. An LLC had acquired the two lots for only $605,000 last year in April.