Construction has wrapped on an affordable housing project at 1561 Walton Avenue, in The Bronx’s Concourse neighborhood. The 11-story building was a joint development by the Briarwood Organization and the Settlement Housing Fund (SHF), to create 59 affordable apartments for people with an income of 40% to 90% relative to the Area Median Income. The building was designed with the goal of fostering community within open spaces. Briarwood is also responsible for general contracting, while SHF is responsible for development.
Settlement Housing Fund
It looks like another supertall will rise in Lower Manhattan. Plans for a 77-story, 600-unit mixed-use tower at 235-247 Cherry Street, on the southern end of the Lower East Side, have surfaced in City Planning documents obtained by Bowery Boogie. The schematic diagram indicates the tower’s roof level will clock in at 983 feet and 8 inches, which would be categorized as a supertall by the Council on Tall Buildings and Urban Habitat (CTBUH). A parapet enclosing the building’s bulkhead and mechanical equipment would boost the final height even further, possibly past the 1,000-foot mark. JDS Development Group is seeking minor zoning changes to build the tower. Details and renderings of the cantilevering project were first revealed in the spring. At the time, it was learned that the tower would include 150 affordable units, 10,000 square feet of retail, and a 4,600-square-foot senior center. The adjacent 10-story Two Bridges Senior Apartments would also see a renovation. SHoP Architects is behind the design, and Two Bridges Neighborhood Council and Settlement Housing Fund are the property owners. A single-story commercial building will have to be demolished. Construction is not expected to begin until at least 2018.
Since 2014, the property owners Two Bridges Neighborhood Council and Settlement Housing Fund have been in talks with an unknown developer over the 11,800-square-foot development site at 235-247 Cherry Street, on the southern edge of the Lower East Side. Now, it has been revealed that JDS Development Group is planning to build a 77-story, roughly 600-unit mixed-use building, The Lo-Down reports. The rental apartments should come in studio, one-, and two-bedroom configurations, with roughly 150 of the units permanently renting at below-market rates. There would also be 10,000 square feet of retail and a 4,600-square-foot senior community center in the tower. SHoP Architects will design the 900-foot-tall tower, which will be clad in terra-cotta and glass.
Since 1981, when the city presumably seized the property for nonpayment of taxes, the land at 1561 Walton Avenue — in the Mount Eden section of the Bronx — has laid fallow. But assuming a permit filed yesterday…