Generally when YIMBY comes across a new building permit filing for a large multifamily building in the Bronx outside of Riverdale, its filed on behalf of a non-profit or affordable housing builder. But with 2330 (or 2332) Hoffman Street, we’re not so sure.
Earlier today, a new building application was filed for the seven-story residential project, in the Belmont section of the Bronx. The permit was filed by Lin Architects, a firm that mostly busies itself with market-rate projects in Chinese neighborhoods in New York City (Emily Lin, the firm’s principal, “has also served as the architect for the People’s Republic of China, Ministry of Foreign Affairs for all their projects in New York City,” reads her website). The developer goes by Fowler 131, LLC – usually not indicative of an affordable housing project.
South of Fordham University, the area is known as the Bronx’s Little Italy, and we’ve seen at least one significant market-rate project here before. In August, we brought you an exclusive rendering of a six-story student housing project going up at 2409 Arthur Avenue, with 64 apartments and a two-story retail base.
The developer declined to comment when reached by YIMBY this afternoon, but the city’s Department of Housing Preservation and Development told us that they’re not aware of an affordable housing project at this address. Given the evidence, we’d say it’s very likely a market-rate residential project – a very positive sign in the Bronx’s revival, and one we hope to see more of as the housing recovery gathers steam.
The 74,000-square foot building will include 57 apartments divided among a bit over 40,000 square feet of residential space, plus a nearly 8,000-square foot commercial space and 7,500 square feet of community facility space. It will also include 31 garage parking spaces.
The site is currently home to a one-story brick warehouse, which traded hands in 2012 for $1.2 million when it was sold by nearby St. Barnabas Hospital, and then again this summer when it was sold to the current developer for $2 million.
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