Most new construction in Melrose is affordable housing, but we recently spotted a small market-rate project in the works at 764 East 152nd Street, in the heart of the South Bronx.
The Landmarks Preservation Commission’s backlog, which had been reduced from 95 items to 30 items in February, has taken another big step towards being cleared. On Tuesday, the LPC designated eight new city individual landmarks, and they span all five boroughs.
Another vacant, city-owned lot in the South Bronx is about to sprout affordable housing. The city’s Department of Housing Preservation and Development filed plans to build a 12-story rental building at 443 East 162nd Street in Melrose, where activists have spent decades fighting for city services and housing that locals could afford.
Most of the new buildings under construction in Melrose, at the heart of the South Bronx, are large and heavily subsidized. The city is already developing two sprawling affordable complexes in the neighborhood, La Central and Melrose Commons. But every once in a while, a developer manages to finance a small market-rate building like 411 East 151st Street, and YIMBY has the first look at the future seven-story development.
NoMad-based Bell Urban, LLC, has filed applications for a 12-story, 126-unit affordable housing project at 294 East 162nd Street, in Melrose, right around the corner from the neighborhood’s Metro North station, and seven blocks from the 4 train at Yankee Stadium. The building will total 117,398 square feet, which works out to an average unit of 932 square feet. Midtown South-based Dattner Architects is the applicant of record, and two 2.5-story, wood-framed homes were demolished in 2014.