Investor Benzion Kohn has acquired the six-story, 182-rental-unit mixed-use building at 975 Walton Avenue, in The Concourse, for $31 million, per The Real Deal. The previous owners bought the 279,000 square-foot building for about $11.3 million in 2010; commercial space in the structure totals 1,000 square feet.
Hotel construction is heating up fast in the South Bronx, and thanks to a YIMBY reader, we have a look at two projects going up in Mott Haven near the Harlem River waterfront. The first is an nine-story hotel at 500 Exterior Street, which fills a long-empty lot between Exterior Street and Gerard Avenue along 146th Street, next to the Major Deegan Expressway.
The South Bronx hotel boomlet continues apace, with a filing on Friday for a 98-key hotel at 156 Bruckner Boulevard, in the southeastern industrial corner of Mott Haven. An application was submitted to the Department of…
In New York City, as everyone knows, there are mostly two kinds of new construction: luxury market-rate development, and subsidized “affordable housing.” But near the end of the 2 train in the Bronx, on the…
This morning, a pair of applications were submitted to erect two market-rate residential projects at 987 and 989 Ogden Avenue, in the Highbridge section of the South Bronx. Each four-story building will have 14 apartments spread…
