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.
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.
Hotel construction is heating up fast in the South Bronx, and thanks to a YIMBY reader, we have a look at two projects going up in Mott Haven near the Harlem River waterfront. The first is an nine-story hotel at 500 Exterior Street, which fills a long-empty lot between Exterior Street and Gerard Avenue along 146th Street, next to the Major Deegan Expressway.