The South Bronx is about to experience an unprecedented construction boom, and the Chetrit Group and Somerset Partners have jumped on the bandwagon by filing new building applications for two 25-story towers at 101 Lincoln Avenue and 2401 3rd Avenue in Mott Haven.
101 Lincoln will be the larger of the two buildings, spanning 784,176 square feet. It will host 747,729 square feet of residential space, 33,260 square feet of retail, and a 3,200-square-foot community facility. A restaurant will occupy the cellar and ground floor, topped by 24 stories of apartments. There will be 826 apartments, and units will average just over 900 square feet.
Each floor will hold anywhere from seven to 63 apartments, and residents will have access to shared roof decks on the fourth and fifth floors. The structure will reach 210 feet into the air, yielding relatively low, eight-foot ceiling heights.
Meanwhile, the 199-foot-tall building at 2401 3rd Avenue will have 370 apartments divided across 339,578 square feet of residential space. Average units will be slightly larger, roughly 918 square feet. The cellar and first floor will have 2,256 square feet of retail (part of the restaurant) and 2,900 square feet for a community facility.
Together, the two buildings will have 589 parking spaces, spread between underground garages, first and second floors. The development will have far more parking than residential zoning requires, but we suspect the other retail tenant might be a grocery store or something else that calls for lots of parking.
Goldstein Hill and West are the architects of record.
Chetrit and Somerset picked up the 133,000-square-foot plot at 101 Lincoln for $32 million in December, and then paid $26 million for the 127,000-square-foot site at 2401 Third Avenue.
The two properties bookend the Third Avenue Bridge along the Harlem River waterfront. The Lincoln Avenue site sits east of the bridge, hemmed in by Bruckner Boulevard and the bridge approach to the north. And the Third Avenue building will rise just west of the bridge, on a lot bounded by the Major Deegan Expressway and several other industrial properties.
Another 25-story tower will rise next door at 198 East 135th Street, and two more large market-rate projects are in the works nearby on Gerard Avenue and East 132nd Street.
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Considering the location of these projects, I can only hope that the developer will be addressing the issues of transportation, as well as the creation of public space that is both sustainable and resilient along the waterfront.