575 Exterior Street

Bronx Point’s First Phase Tops Out at 575 Exterior Street in The South Bronx

Construction has topped out on the first phase of Bronx Point, a 22-story mixed-use building at 575 Exterior Street in the South Bronx. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects, and BronxWorks, the structure will yield 542 permanently affordable housing units in studio to three-bedroom layouts, all reserved for households and individuals earning between 30 to 120 percent of area median income, as well as for the formerly homeless. The edifice will also feature 56,000 square feet of community facility space, 12,000 square feet of retail space, and serve as the home of the Universal Hip Hop Museum. The building is the first to debut in the $349 million, 530,000-square-foot mixed-use master plan, which will bring 1,045 apartments and a 2.8-acre public green space next to Mill Pond Park designed by Marvel Architects and Abel Bainnson Butz. The property is located on a plot bound by the 145th Street bridge to the south, Exterior Street and the elevated Major Deegan Expressway to the east, and the Harlem River to the west.

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Rendering of Bronx Point - S9 Architecture

Developers Secure $349M for Bronx Point Affordable Housing Complex, in the South Bronx

L+M Development Partners, Type A Projects, BronxWorks, and the City of New York have closed on $349 million financing package to complete phase one of Bronx Point, a new mixed-use affordable housing complex in the South Bronx. As a public-private partnership, the financing entities include the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, Empire State Development, Wells Fargo, and additional private funding sources.

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575 Exterior Street in Concourse Village, Bronx

Permits Filed for 23-Story Tower at 575 Exterior Street in Concourse Village, The Bronx

Permits have been filed for a 23-story tower at 575 Exterior Street in Concourse Village, The Bronx. Bordering the Harlem River, the lot, also known as 65 East 149th Street, is located on the corner of Exterior Street and East 149th Street. Four blocks west is the 149 Street – Grand Concourse subway station, serviced by the 2,4, and 5 trains. David Dishy of L+M Development Partners is listed as the owner behind the applications.

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