Melrose




411 East 151st Street, rendering by Hany Rizkalla

Revealed: Market-Rate Rentals at 411 East 151st Street, Melrose

Most of the new buildings under construction in Melrose, at the heart of the South Bronx, are large and heavily subsidized. The city is already developing two sprawling affordable complexes in the neighborhood, La Central and Melrose Commons. But every once in a while, a developer manages to finance a small market-rate building like 411 East 151st Street, and YIMBY has the first look at the future seven-story development.

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294 East 162nd Street

12-Story, 126-Unit Affordable Residential Project Filed At 294 East 162nd Street, Melrose

NoMad-based Bell Urban, LLC, has filed applications for a 12-story, 126-unit affordable housing project at 294 East 162nd Street, in Melrose, right around the corner from the neighborhood’s Metro North station, and seven blocks from the 4 train at Yankee Stadium. The building will total 117,398 square feet, which works out to an average unit of 932 square feet. Midtown South-based Dattner Architects is the applicant of record, and two 2.5-story, wood-framed homes were demolished in 2014.


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