New permits have been filed for a four-story residential building at 629 Faile Street in Hunts Point, The Bronx. The site is eight blocks away from the Hunts Point Avenue subway station, serviced by the 6 trains. Three blocks further is the Simpson Street subway station, serviced by the 2 and 5 trains. Alex Gilkarov of Platinum Management Group LLC is listed as responsible for the development.
629 Faile Street
Hunts Point was once the byword for disinvestment and abandonment, but the peninsula along the South Bronx waterfront is finally beginning to see some new growth. One of the neighborhood’s empty lots, at 629 Faile Street, may soon sprout two new four-story apartment buildings.