Altmark Group



Union Crossing at 825 East 141st Street Nearing Opening Day Amidst Residential Boom in South Bronx

The South Bronx is undergoing a major urban transformation as developers are continuing to reshape the area with a mix of adaptive-reuse buildings and new residential construction. Union Crossing is a new mixed-use project that will combine contemporary commercial office space and retail opportunities for newcomers to the historic neighborhood. It is designed by Woods Bagot, while the developers include Madison Realty Capital, The Altmark Group, The Bluestone Group, and Galil Management. JRT Realty is the exclusive leasing agent for the venture.

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329 East 132nd Street

Rendering Revealed as Financing Secured for 12-Story, 91-Unit Residential Project At 329 East 132nd Street, Mott Haven

A rendering has surfaced of the planned 12-story, 91-unit residential project at 329 East 132nd Street, in the South Bronx’s Mott Haven section. It comes as the Altmark Group and JCAL Development secured $22.1 million in construction financing, Commercial Observer reported. The latest building permits, which YIMBY first reported on in 2015, show the new building will encompass 71,912 square feet. Its residential units, which will be market-rate rental apartments, should average 738 square feet apiece. Amenities include a fitness center, a lobby lounge, an outdoor recreation space on the ground floor, storage for 46 bikes, a 37-car parking garage, and a roof terrace. Aufgang Architects is behind the architecture. Foundation work was underway in May and completion is expected in early 2018.



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