Real estate watchers are keeping an eye on development in the Bronx, as talks over the future of the 421-a tax break, which greased the skids for new construction in the borough, drag on into the ninth month. Despite the impasse, developers are still planning small buildings in the Bronx.
Today’s crop of permit applications came with plans for a six-story, mixed-use building at 1164 Fox Street, in the Foxhurst section of the South Bronx. The development would replace a decrepit wood-frame house between Intervale Avenue and Home Street. The Freeman Street stop on the elevated 2 and 5 trains is a few blocks away.
There would be 10 units, with two on each floor, stacked on top of a 1,500-square-foot daycare. With 8,135 square feet of residential space, typical units would come in at 813 square feet.
Benjamin Sadykov, doing business as an LLC based in the Diamond District, is the developer. Bedford-Stuyvesant-based architect Frank Estrella applied for the permits.
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Concrete mixed glass mixed steel until on six-story, when the building completed mixed-use is speak out.
Im still waiting patiently to see what gets built next to me at 1024 intervale ave formerly a jewish synagouge. A 60×100 vacant lot. Last i heard it was still on Attorney general desk in Albany. Or something to that matter.
I’m thrilled David continues to post comments apparently translated by Google—badly.
I wonder what this area looked like a hundred years ago, when the Victorian house was the norm, not the exception.
I note the building next door has gotten rid of that ugly grass stuff, and replaced it with thoroughly modern, gleaming concrete. Maybe the new Bronx will just be paved over, from the Harlem River to Westchester. And then people will wonder why some areas flood more often.
I was wondering about David post. I thought he was maybe Russian just learning english. Did not know it was google translation. I knew the homeowner next door. They sold and purchased a condo in another area of Bronx. Very proffessional couple. Neighborhood was not ready for them nor may ever be. And this type of housing will not help. Packing 10 units in such a small space. Again who can afford it except government money? Who would want such small units unless it free government money. Let me know what you think? Maybe homeless transition units or section 8?