Affordable housing

222 and 226 Echo Place, image via Google Maps

Permits Filed: 222 Echo Place, Mount Hope, Bronx

The west central Bronx has long been known for abandoned properties and deep poverty, and construction of the Cross Bronx Expressway only pushed many of these neighborhoods further into blight and disinvestment. But now, savvy affordable and market-rate developers are training their gaze on Mount Hope and Tremont.

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21 Commercial Street

Construction Complete on Six-Story, 93-Unit Affordable Residential Project at 21 Commercial Street, Greenpoint

Construction has been completed on the six-story, 93-unit mixed-use building at 21 Commercial Street, in northern Greenpoint. The update is possible thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project, officially dubbed 7 Bell Slip, encompasses 88,706 square feet. It will include 2,557 square feet of ground-floor retail space, followed by residential units on the floors above, 92 of which will rent at below-market-rates through the affordable housing lottery. The apartments will range from studios to two-bedrooms and should average 887 square feet apiece. Amenities include laundry facilities, storage for 47 bikes, and a fitness center. The project is being built as part of the 10-building, 5,500-unit mixed-use mega-development Greenpoint Landing. Park Tower Group and L+M Development Partners developed 21 Commercial Street, and Handel Architects designed it.


530 Exterior Street

13-Story, 157-Unit Affordable Rental Building Rises to Fourth Floor at 530 Exterior Street, Mott Haven

Construction is up to the fourth floor on the planned 13-story, 157-unit residential building being developed at 530 Exterior Street, located on the western end of Mott Haven. The construction progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project will eventually rise 120 feet above street level and measure 151,107 square feet. All of the project’s residential units will rent at below-market rates through the affordable housing lottery. They will average 910 square feet apiece and will be accommodated by amenities including, but not limited to, a fitness center, an outdoor recreational area behind the building, 50 off-street parking spaces, and laundry facilities. Monadnock Construction is the developer and Dattner Architects is behind the design. Completion is expected in early 2018.




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