Bronx

Housing Lottery Launches for 656 East 176th Street in East Tremont, The Bronx

The affordable housing lottery has launched for Belmont Cove, an 11-story residential building at 656 East 176th Street in East Tremont, The Bronx. Designed by Danois Architects and developed by Mastermind, the structure yields 153 residences. Available on NYC Housing Connect are 129 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $18,480 to $134,820.

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Permits Filed for 2246 Bathgate Avenue in East Tremont, The Bronx

Permits have been filed for a four-story residential building at 2246 Bathgate Avenue in East Tremont, The Bronx. Located between East 182nd Street and East 183rd Street, the lot is within walking distance of the 182-183 Streets subway station, serviced by the B and D trains and the Fordham station for MetroNorth. Gjergj Bujaj is listed as the owner behind the applications.

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Transitional housing property owned by Fundamental Advisors, via fundamental.com

Slate Property Group Closes $210 Million Refinancing Package For Transitional And Affordable Housing Portfolio

Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing package for their joint venture’s transitional and affordable housing portfolio. The transaction, designated as a social bond, was made possible by Freddie Mac in a first-of-its-kind engagement to provide liquidity to social impact financial institutions that bring affordable housing to low-income communities and underserved populations.
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