The Department of Housing Preservation and Development (HPD), Housing Development Corporation, and NYCHA have announced plans to construct Sol on the Park, a 195-unit affordable housing property in the Morrisania section of The Bronx. Located at the corner of St. Paul’s Place and Park Avenue, the project sits within the Morris II public housing development.
The affordable housing lottery has launched for River Crest, a 17-story mixed-use building at 1164 River Avenue in Cromwell-Jerome, The Bronx. Designed by Aufgang Architects and developed by Maddd Equities, the structure yields 500 residences, 83,650 square feet of commercial space, and 84 parking spaces. Available on NYC Housing Connect are 225 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,429 to $132,400.
Acacia Network and Phipps Houses recently celebrated the grand opening of Santaella Gardens, a 249-unit affordable housing property in the Soundview section of The Bronx. Located at 1230 Metcalf Avenue, available homes are reserved for individuals and households earning between 30 percent and 90 percent Area Median Income (AMI), as well as 25 units for the formerly homeless.
Property Resources Corporation and Camber Property Group recently hosted a ribbon-cutting ceremony for Tiffany Street Apartments in the South Bronx. The affordable housing property is located at 975 Tiffany Street and comprises 161 apartments for low-income families.
Douglaston Development recently debuted an 18,000-square-foot medical facility at Crossroads Plaza, a mixed-use affordable housing development in The Bronx. The property is located at 828 East 149th Street in Mott Haven and will be operated by Essen Health Care.