Renderings from Node Architecture reveal a new four-story residential building in the Crotona Park East neighborhood of the South Bronx. The property is located at 1492 Bryant Avenue and is one of several local projects from developer Eduard Haxhari.
L+M Development Partners, Type A Projects, BronxWorks, and the City of New York have closed on $349 million financing package to complete phase one of Bronx Point, a new mixed-use affordable housing complex in the South Bronx. As a public-private partnership, the financing entities include the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, Empire State Development, Wells Fargo, and additional private funding sources.
The affordable housing lottery is open for The Grand Apartments, 94 newly built units across three buildings in the South Bronx‘s Mount Hope and Fordham neighborhoods. All three 12-story properties are developed by Thorobird Companies and designed by GF55 Partners. 220 East 178th Street yields 43,291 square feet with 52 residential units and ground-floor community facility space. 225 East 179th Street comprises 33,602 square feet with 37 residential units, and 2195 Morris Avenue has 52,005 square feet with 49 residential units. Available on NYC Housing Connect are a mix of studios and one-, two-, and three-bedroom units for residents at 30 to 80 percent of the area median income, ranging in eligible income from $0 to $112,800.
Hudson Companies has achieved a major milestone at La Central, a 1.1-million-square-foot affordable housing development in The Bronx, where a collection of new commercial tenants will soon open shop. Tenants include a community-based café, a sit-down Mexican restaurant, a take-out pizza shop, an organic grocer, and an operator for the 135-space on-site parking garage.
Rezoning proposals from a local developer reveal what could be a new 11-story affordable housing building in the Mott Haven section of The Bronx. Located at 431 Concord Avenue, the building would comprise 87,369 square feet and yield 92 affordable units.