The affordable housing lottery has launched for 1686 Weeks Avenue, a six-story residential building in Claremont, The Bronx. Designed by ADB Associates and developed by Israel Frankel of Isra Holdings, the structure yields 25 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,360 to $156,130.
Permits have been filed to expand a one-story structure into a seven-story mixed-use building at 275 East 169th Street in Claremont, The Bronx. Located between Morris Avenue and College Avenue, the lot is a short walk to the 167th Street subway station, serviced by the B and D trains. Claudio Alba under the 273-275 E. 169th Street LLC is listed as the owner behind the applications.
Developers and city agencies recently celebrated the completed of El Borinquen Residences, a new, deeply affordable property in The Bronx. Located at 3401 Third Avenue in the Morrisania neighborhood, the ten-story building houses 148 affordable apartments, including 29 homes for seniors at or below 30 percent Area Median Income (AMI), and 90 units designated for the formerly homeless and youths aging out of foster care. The latter includes access to on-site supportive services.
Permits have been filed for a seven-story residential building at 1827 Waterloo Place in Crotona, The Bronx. Located between East 175th and East 176th Streets, the lot is near the 174th Street subway station, serviced by the 2 and 5 trains. Elena Borokhovich of Affordable Living NY is listed as the owner behind the applications.
Construction has topped out on Maven, a 27-story mixed-use tower at 2413 Third Avenue in the Mott Haven section of the South Bronx. Designed by CetraRuddy and developed by RXR Realty, the structure will yield 145,643 square feet with 200 rental units, including 60 rent-stabilized units for middle-income households, as well as a small retail volume on the ground floor and a parking garage equipped with electric vehicle charging stations.
