When we wrote about plans for 221 East 138th Street last summer, the developer hoped to include affordable housing in the new South Bronx apartment building. Now Anthony Gurino, of Tahoe Development, has decided to make the project in Mott Haven entirely market-rate, joining the ranks of a few other ambitious projects in this industrial neighborhood.
In June of 2015, YIMBY reported on applications for a 10-story, 57-unit mixed-income rental project at 221 East 138th Street, in Mott Haven, but now Tahoe Development is swapping plans for a seven-story, 50-unit market-rate condominium building. Welcome2TheBronx reports the developer is abandoning plans to include affordable units due to cost concerns. It would also be the first market-rate condo project in the South Bronx since the 2008 financial crisis. The condos will come in studio, one-, and two-bedroom layouts, and the new building will contain ground-floor retail space as previously planned. Hudson Square’s Michael Muroff Architect is the architect of record. The existing two-story warehouse is currently being demolished.
Residential development has been slow to arrive in the industrial edges of Mott Haven in the South Bronx, despite a boom in hotels and big box stores and a rezoning several years ago. But on Friday, a new building application was filed for a 10-story apartment building with ground floor commercial space at 221 East 138th Street, on the corner of Canal Place.