The affordable housing lottery has launched for River Crest, a 17-story mixed-use building at 1164 River Avenue in Cromwell-Jerome, The Bronx. Designed by Aufgang Architects and developed by Maddd Equities, the structure yields 500 residences, 83,650 square feet of commercial space, and 84 parking spaces. Available on NYC Housing Connect are 225 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,429 to $132,400.
The New York City Department of Buildings recently approved applications to construct a new 30-story mixed-use property at 3875 Ninth Avenue in Manhattan. The development is located at the waterfront edge of Inwood and will create over 600 units of affordable and middle-income housing, roughly 62,000 square feet of retail space positioned on the lower levels of the building, and 122 parking spaces.
Construction has officially broken ground at 1159 River Avenue, a new 245-unit affordable housing project in the Concourse section of the South Bronx. Designed by Urban Quotient, the 19-story building will comprise 240,000 square feet. In addition to income-restricted and supportive housing, the structure will contain residential amenity spaces and a new ground-floor supermarket.
Renderings have been revealed of 375 West 207th Street, also known as 3875 Ninth Avenue, a new mixed-use building in Manhattan’s Inwood neighborhood. Developed by Maddd Equities and designed by Aufgang Architects, the tower will rise 30 stories and eventually house 614 units.
Maddd Equities is responsible for one of the largest forthcoming developments in the South Bronx, a new 274,000-square-foot building in the borough’s Cromwell-Jerome neighborhood. Located at 1164 River Avenue, the development is currently in pre-construction and will eventually comprise 250 rental units and 88,000 square feet of lower-level commercial space.