Melrose

2956 Park Avenue

15-Story, 154-Unit Affordable Residential Building Filed at 2956 Park Avenue, Melrose

Omni New York has filed applications for a 15-story, 154-unit mixed-use building at 2956 Park Avenue, in Melrose, located five blocks from the 149th Street-Grand Concourse stop on the 2, 4, and 5 trains. The structure will encompass 143,318 square feet and will feature 4,566 square feet of community facility space on the ground floor. The building will feature affordable residential units, although its not known how many of the units will rent at below-market rates and/or will be subsidized, according to The Real Deal. The residential units should average 933 square feet apiece, which means the apartments will probably be geared towards families. Amenities in the building will include a recreational room, storage space for bikes, and laundry facilities. Mark Ginsberg’s TriBeCa-based Curtis + Ginsberg Architects is the architect of record. The site, which is located on the corner of East 151st Street, is vacant.





411 East 151st Street, rendering by Hany Rizkalla

Revealed: Market-Rate Rentals at 411 East 151st Street, Melrose

Most of the new buildings under construction in Melrose, at the heart of the South Bronx, are large and heavily subsidized. The city is already developing two sprawling affordable complexes in the neighborhood, La Central and Melrose Commons. But every once in a while, a developer manages to finance a small market-rate building like 411 East 151st Street, and YIMBY has the first look at the future seven-story development.

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