The area near Fordham University in the Bronx is poised to get a little more market-rate housing. Plans were filed earlier today to build an eight-story apartment building at 2180 Arthur Avenue in Belmont, in the northwestern part of the borough.
Badaly & Badaly Architects
The neighborhoods north of Bronx Park remain bastions of small, market-rate development. Many of the builders are Albanian and based nearby in Morris Park, an East Bronx enclave populated by Albanians, Latinos, and Italians. One of those projects was filed yesterday at 3365 Cruger Avenue in Allerton, a mostly Puerto Rican neighborhood in the northeastern part of the borough.
The Furman Center’s newest State of the City report declared that Fordham and University Heights, in the northwestern Bronx, are “non-gentrifying.” Both neighborhoods are working class and largely Latino and black. While rents have risen there over the last decade, the cost of living hasn’t increased quite as dramatically as it has in “gentrifying” South Bronx neighborhoods, like Mott Haven and Port Morris.
The Stagg Group has become one of the Bronx’s most prolific developers, with projects stretching from the East Bronx up to Riverdale. And their latest new building is now in the works at 3469 Cannon Place in Kingsbridge Heights, between the Jerome Park Reservoir and the Major Deegan Expressway.
Market-rate development has been slowly taking hold throughout the northern Bronx, and the latest project planned in the neighborhoods near Van Cortlandt Park is an eight-story apartment building at 3055 Valentine Avenue, in Bedford Park.