Construction has reached the halfway mark on North Cove, a 30-story residential building at 3875 Ninth Avenue on the Harlem River waterfront in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, the 295-foot-tall structure will span 544,000 square feet and yield 611 affordable rental apartments, 60,000 square feet of lower-level retail space, residential amenities, and 120 parking spaces. Sherman Creek Owner LLC & Sherman Creek LIHTC Owner LLC are listed as the owners and Joy Construction Corp. is the general contractor for the property, which is alternately addressed as 373 and 375 West 207th Streets and bound by West 207th Street, Ninth Avenue, and the Harlem River.
Joy Construction Corp.
Joy Construction Corporation and Maddd Equities have secured $288 million in financing to complete North Cove, a 100-percent affordable housing tower at 373 West 207th Street in Inwood, Manhattan. Designed by Aufgang Architects, the 30-story building will comprise 611 apartments, a collection of amenity spaces, 60,000 square feet of retail on the lower levels, and 120 parking spaces.
Construction is imminent on Twin Parks Terrace, a 14-story affordable housing development in the Bronx’s Fordham Heights neighborhood. Settlement Housing and Joy Construction are developing the project on land owned by New York City Housing Authority (NYCHA), in partnership with New York City Department of Housing Preservation and Development, New York City Housing Development Corporation, and NYCHA. Danois Architects is designing the mixed-use building that will include 182 residential units, amenities, 10,489 square feet of ground-floor retail, and 1,883 square feet of community facility space.
The Bronx is booming across all corners, and now in East Tremont, the city has officially broken ground on a major new mixed-income affordable housing development, dubbed Tremont Renaissance, at 4215 Park Avenue. Bound by Webster, East Tremont, and Park avenues, the building will rise on a 60,000-square-foot lot, containing 40,000 square feet of ground floor commercial space and 256 residential units above. Apartments will rent to individuals making between $38,100 and $76,200, and families of three making between $48,960 and $97,920; half of the units will rent to low-income families, while the other half will go to moderate-income tenants. Mastermind Development is behind the project, alongside HPD and HDC, and Joy Construction will be building it.
On one of the least desirable pieces of land in the city, a building will soon rise. At the intersection of the Cross-Bronx Expressway and the elevated structure carrying the 2/5 train, east of Crotona…