Most developers building market-rate apartments in the South Bronx have set their sights on Port Morris, a relatively narrow industrial strip that wraps around the southern tip of the borough. But Treetop Development just paid $6 million for a site several blocks north, at 121-129 East 144th Street in Mott Haven.
Ten years after the city rezoned a desolate, industrial section of the South Bronx waterfront, the area is on the edge of a major transformation. The latest evidence of that change comes with an application to build a 12-story hotel at 82 Brown Place, between Bruckner Boulevard and the Harlem River freight yards.
The South Bronx is suddenly booming with construction, and YIMBY has renderings for one of the biggest projects underway in Mott Haven, near the banks of the Harlem River. The unique multi-building development will include two affordable rental buildings and a Hampton Inn, on a block next to the Major Deegan Expressway and the 145th Street Bridge to Harlem.
Ben Baum, of Brooklyn-based Real Properties, has filed applications for two four-story, eight-unit residential buildings at 600-602 Oak Terrace, in Mott Haven, located four blocks from the 6 train’s Brook Avenue stop. One of the buildings will measure 5,564 square feet while the other 5,476 square feet; across the development, units will average a rental-sized 690 square feet apiece. Flavio Barros’ Long Island City-based CB Engineering is the applicant of record, and the plot of land is currently vacant.
Just as Chetrit Group and Somerset Partners threw a rather unfortunate party under the Third Avenue Bridge in Mott Haven to promote their two market-rate highrises in the South Bronx neighborhood, a smaller developer filed plans for a five-story mixed-use building a few blocks away at 2490 Third Avenue.
