BRP Companies

la central fxfowle

$335 Million in Financing Secured for Second Phase of La Central Development, South Bronx

The team behind the La Central Development has closed a deal for financing towards the construction of their massive mixed-use project in the Melrose Community of the South Bronx. This is one of the largest mixed-income projects currently under construction in New York City. Once complete, the project will span 1.1 million square feet, with five buildings and 992 units entirely devoted to affordable housing.

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847 St. Nicholas Avenue

38-Unit Affordable Mixed-Use Building Planned at 841 St. Nicholas Avenue, Hamilton Heights

Through a deal with the city’s Department of Housing Preservation and Development (HPD), BRP Companies is planning a 38-unit mixed-use building at 841-847 St. Nicholas Avenue, located on the corner of West 152nd Street in Hamilton Heights. The new building will measure 32,470 square feet, DNAinfo reported. All of the project’s apartments will rent at below-market rates through the housing lottery. The Dance Theatre of Harlem will also have studio space on the ground floor. New building applications have not been filed at this time. The vacant, 7,063-square-foot site is located within the Hamilton Heights/Sugar Hill Northwest Historic District, meaning the Landmarks Preservation Commission has to approve the new building.



la central fxfowle

Five-Building, 992-Unit Mixed-Use Affordable Project La Central Approved by City Council

YIMBY revealed renderings and reported on new building applications last year for La Central, a five-building, 992-unit mixed-use development planned on an assemblage of vacant lots at 430 Westchester Avenue, in the South Bronx’s Melrose section. The project required approval via the city’s Uniform Land Use Review Procedure (ULURP). That process was nearly completed on Wednesday, when the City Council voted to approve the proposal, the Daily News reported. Mayor Bill de Blasio still has to sign off on it. Assuming his honor does, construction would be carried out in two phases, with the first phase to be completed in 2018 and the second in 2019. The buildings will range from eight to 25 stories and all 992 apartments will be designated as affordable or supportive housing. The majority will rent at below-market rates through the affordable housing lottery, although 160 will be supportive units. Over 45,000 square feet of retail is planned, as well as 30,000 square feet of community facilities.

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2351 Adam Clayton Powell Jr. Boulevard

Eight-Story, 134-Unit Mixed-Use Building Rises to Third Floor at 2351 Adam Clayton Powell Jr. Boulevard, Harlem

Back in December of 2015, foundation work was reportedly underway for the eight-story, 134-unit mixed-use building at 2351 Adam Clayton Powell Jr. Boulevard, located between West 137th and 138th streets in northern Harlem. Now, construction on the structure is is three stories above street level, Harlem+Bespoke reported. The project, dubbed The Renny, will encompass 198,497 square feet. It will include 17,879 square feet of ground-floor retail space, in addition to 22,327 square feet of space for a religious facility across portions of the cellar through fifth floors. The residential units, located on the third through eighth floors, should average 860 square feet apiece. They will be rentals, and 27 will rent at below-market rates. Amenities include private residential storage, an 67-car underground garage, space for 70 bikes, private residential storage, laundry facilities, a fitness center, an outdoor terrace on the second floor, and a rooftop terrace. BRP Companies is the developer, while GF55 Partners is behind the design. Completion is expected in 2017.


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