Bronx

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

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

7:00 am on August 25, 2024 By Max Gillespie

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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Permits Filed for 3728 Park Avenue in Claremont, The Bronx

6:30 am on August 24, 2024 By Vanessa Londono

Permits have been filed for an 18-story mixed-use building with affordable housing at 3728 Park Avenue in Claremont, The Bronx. Located at the intersection of Park Avenue and St. Pauls Place, the lot is closest to the 170th Street subway station, serviced by the B and D trains. New York City Housing Authority is listed as the owner behind the applications.

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Housing Lottery Launches for 285 East 163rd Street in Concourse Village, The Bronx

6:30 am on August 21, 2024 By Vanessa Londono

The affordable housing lottery has launched for 285 East 163rd Street, a six-story residential building in Concourse Village, The Bronx. Designed by Anthony Cucich Architect and developed by Genci Popaj under the 285E163RDNY LLC, the structure yields 36 residences. Available on NYC Housing Connect are 35 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $103,200 to $218,010.

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Permits Filed for 36 Bruckner Boulevard in Mott Haven, The Bronx

6:30 am on August 19, 2024 By Vanessa Londono

Permits have been filed for a ten-story mixed-use building at 36 Bruckner Boulevard in Mott Haven, The Bronx. Located at the intersection of Alexander Avenue and Bruckner Boulevard, the lot is near the 3rd Avenue – 138th Street subway station, serviced by the 6 train. Arian Liton is listed as the owner behind the applications.

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Sketch of new Morris Park Station, courtesy of New York City

Bronx Metro-North Station Area Plan Reaches Approval From New York City Council

7:00 am on August 18, 2024 By Max Gillespie

The New York City Council has officially approved the Bronx Metro-North Station Area Plan, the first neighborhood plan certified and approved under Mayor Eric Adams’ administration. The plan is designed to accompany four new Metro-North stations coming to the Bronx in 2027 and is expected to create approximately 7,000 homes, including permanently income-restricted affordable housing, and 10,000 permanent jobs, along with improved public spaces and enhanced access to mass transit.

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