Cromwell-Jerome Rezoning

Housing Lottery Launches for 225 Units at River Crest in South Bronx

The affordable housing lottery has launched for River Crest, a 17-story mixed-use building at 1164 River Avenue in Cromwell-Jerome, The Bronx. Designed by Aufgang Architects and developed by Maddd Equities, the structure yields 500 residences, 83,650 square feet of commercial space, and 84 parking spaces. Available on NYC Housing Connect are 225 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,429 to $132,400.

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Rendering of 1164 Avenue - Aufgang Architects

Renderings Revealed for 274,000-Square-Foot Development at 1164 River Avenue in the South Bronx

Maddd Equities is responsible for one of the largest forthcoming developments in the South Bronx, a new 274,000-square-foot building in the borough’s Cromwell-Jerome neighborhood. Located at 1164 River Avenue, the development is currently in pre-construction and will eventually comprise 250 rental units and 88,000 square feet of lower-level commercial space.

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