Arthur Avenue Senior Apartments, a new affordable housing development for seniors, is now complete. The building is located at 600 East 179th Street in the Tremont section of The Bronx and has created 177 affordable homes for individuals and households aged 62 or older.
The collection of units includes 54 apartments reserved for formerly homeless seniors with chronic health conditions. These residents will receive on-site supportive services and rental subsidies funded through the Empire State Supportive Housing Initiative and administered by the NYS Department of Health. The remaining income-restricted units include 17 for households earning at or below 30 percent of the Area Median Income (AMI) and 105 for households earning at or below 50 percent AMI.
The property was developed in collaboration by Foxy Management and Hebrew Home For the Aged at Riverdale, a nursing home and rehabilitation provider who will also facilitate all supportive services and socialization activities.
“New Yorkers deserve access to safe, affordable housing — especially seniors and those struggling to make ends meet,” Governor Hochul said. “The Arthur Avenue Apartments will bring much-needed affordable housing to The Bronx, helping the most vulnerable New Yorkers live with dignity and security.”
Designed by SLCE Architects, the structure stands 95 feet tall and comprises 140,420 square feet. Amenity spaces include a laundry room, bicycle storage, a communal lounge on the eighth floor, a fitness center, a computer room, and flexible meeting rooms for socialization activities. Outdoor amenities include a greenhouse with a vegetable garden, ground-floor recreation space, and a pair of 4,000-square-foot outdoor terraces.
State financing for Arthur Avenue Apartments includes $19.2 million in tax-exempt bonds, federal Low-Income Housing Tax Credits that generated $36 million in equity, and an additional $13.2 million in subsidy from New York State Homes and Community Renewal. The New York City Department of Housing Preservation and Development provided $13.3 million through its Senior Affordable Rental Assistance Program and 122 Project-Based Section 8 vouchers. New York City Council also awarded the project $500,000.
Total development costs are estimated at $91 million.
“Arthur Avenue Apartments will provide important supportive services to residents while also cultivating active living and a wellness-oriented environment, said HCR commissioner RuthAnne Visnauska. “In addition, the building’s extensive energy-efficiency and sustainability features will support the state’s goal of reducing carbon emissions, especially in under-served neighborhoods like the Bronx.”
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What a great project! NYC needs hundreds more of these.
Good!
Kinda harsh but not ugly. A rounded corner would have gone a long way and some sort of deliniation of the basr as well. 3 out of 5 stars.
I’m just glad the Bronx is booming. It’s so deserving. I’m also glad were seeing a new era where prime sites are going full size and even taller unlike the bad days (1990’s/2000’s) where lots were squandered all over the west and south Bronx for 2 story SFHs and duplexes with concrete parking lawns out front. I cant wait to see when the market reaches the point where that garbage starts to bite the dust for 7+ floor apartment houses. Honestly I’m obsessed with Bronx development. NYY could make a dedicated Bronx page and it would be my favorite new site on the interwebs.
A few 1990s era parking setback 2-3 story, 2-3 units are being torn down in the Bronx now. The point has been reached. It should accelerate over time. They have been knocking down older pre-war 2-3 stories like crazy for a while now.
I’m longing for the day Charlotte Street is torn down but that will take a rezoning. Make it at least R8 and let the homeowners bank, then redevelop the corridor with a La Central type development. Subway is down the street.