The affordable housing lottery has launched for 3530 Willett Avenue, a four-story residential building in Olinville, The Bronx. Designed by GRID Drafting and Consulting LLC and developed by Kodra Construction, the structure yields eight residences. Available on NYC Housing Connect are two units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $82,183 to $116,640.
Permits have been filed for a four-story residential building at 1327 Leland Avenue in Soundview, The Bronx. Located between Westchester Avenue and Cross Bronx Expressway, the lot is near the Parkchester subway station, served by the 6 train. Shimon Neuman of Madison Tower LLC is listed as the owner behind the applications.
Permits have been filed for a four-story residential building at 3022 Bronx Park East in Olinville, The Bronx. Located between Adee Avenue and Burke Avenue, the interior lot is near the Burke Avenue subway station, served by the 2 and 5 trains. Oltjon Abdyli is listed as the owner behind the applications.
Developers have secured $130 million in construction financing for The 360, a planned 13-story residential building at 350 Grand Concourse in Mott Haven, The Bronx. Designed by S9 Architecture and developed in a joint venture between Shorewood Real Estate Group and Bogopa Enterprises, the 320,000-square-foot structure will yield 304 rental units. The project will also contain community facility space and 47,892 square feet of ground-floor retail that is pre-leased to Food Bazaar. Seventy-six of the residential units will be dedicated to affordable housing for households earning up to 60 percent of the area median income. The property is located between East 140th and 144th Streets.
Permits have been filed for a nine-story residential building at 1965 Clinton Avenue in East Tremont, The Bronx. Located between East Tremont Avenue and East 178th Street, the lot is closest to the West Farms Square–East Tremont Avenue subway station, served by the 2 and 5 trains. Franc Gjini of Paramount Homes Management is listed as the owner behind the applications.
