Allerton

Housing Lottery Launches for 2434 Bronx Park East in Allerton, Bronx

The affordable housing lottery has launched for 2434 Bronx Park East, an eight-story residential building in Allerton, The Bronx. Designed by Fred Geremia Architects and developed by Franc Gjini, the structure yields 38 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $50,743 to $187,330.

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Housing Lottery Launches for The Allerton at 683 Thwaites Place in Allerton, The Bronx

The affordable housing lottery has launched for The Allerton, a six-story mixed-use building at 683 Thwaites Place in Allerton, The Bronx. Designed by RKTB Architects, the structure yields 36 residential units, recreational space in the cellar and on the rooftop, and ground-floor commercial and community facility space. Available on NYC Housing Connect are 35 units for residents at 70 to 110 percent of the area median income (AMI), ranging in eligible income from $41,863 to $182,050.

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Façade Work Progresses on Bankside’s 2401 3rd Avenue Complex in Mott Haven, The Bronx

Exterior work is continuing to shape up on 2401 Third Avenue, a three-tower complex designed by Hill West Architects in Brookfield Properties‘ Bankside master plan in Mott Haven, The Bronx. The 4.3-acre development is a combination of two sites along the northern side of the Harlem River. 2401 Third Avenue is located on the western side of the Third Avenue Bridge, and 101 Lincoln Avenue is the larger counterpart found on the opposite side. Bankside will provide seven residential buildings, 15,000 square feet of retail space, a community facility run by a local nonprofit yet to be named, and 34,000 square feet of public waterfront space. Brookfield purchased the two parcels for $165 million in September 2018 from Somerset Partners and The Chetrit Group. Ground was first broken on 2401 Third Avenue in the fall of 2019, and construction on Bankside is expected to cost $950 million and yield 1,370 units.

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