Construction is finishing up on 120 East 144th Street, a 13-story residential building in Mott Haven, The Bronx. Designed by S. Wieder Architect PC and developed by Beitel Group, the 289,000-square-foot structure yields 450 rental units in studio to two-bedroom layouts, with 86 reserved for affordable housing. The property is bound by East 144th Street, and Gerard and Walton Avenues.
Construction has partially topped out on 315 Grand Concourse, a 13-story residential building in Mott Haven, The Bronx. Designed by Fischer Makooi Architects for Beitel Group, the 134-foot-tall structure will span 192,026 square feet and yield 240 rental units with an average scope of 770 square feet, as well as 7,040 square feet of commercial space, a 44-foot-long rear yard, and enclosed parking for 82 vehicles. The property is located on a triangular parcel bound by Grand Concourse, Walton Avenue, and East 140th Street.
Developer The Domain Companies announced today the closing of $218.6 million in financing for Estela, a two-building development in Mott Haven, The Bronx. The 11-story buildings at 414 and 445 Gerard Avenue yield 544 market-rate and affordable housing units and 10,000 square feet of ground-floor retail space. Freddie Mac’s Forward Commitment program provided long-term permanent financing through JLL Real Estate Capital. The Urban Investment Group at Goldman Sachs Alternatives led the Opportunity Zone equity financing for the mixed-income, mixed-use project.
Excavation and pilings are underway at 355 Exterior Street, the site of a two-tower residential complex in Mott Haven, The Bronx. Designed by Hill West Architects and developed by The Lightstone Group under the 355 Exterior Street Associates LLC, the 720,785-square-foot project will yield 714 rental units with an average scope of 777 square feet, as well as 10,630 square feet of commercial space and 325 enclosed parking spaces. The taller of the two towers will rise 437 feet, making it the tallest structure in the South Bronx and in the borough, and taking the title away from River Park Towers that stands 428 feet tall. The property is located along the Harlem River near the intersection of Exterior and Gerard Streets.
Triangle Plaza Hub, located at 459 East 149th Street in the Bronx’s Mott Haven neighborhood, recently welcomed a new tenant, Halo Health Pharmacy, which has signed a long-term lease for 1,522 square feet of retail space in the building. Originally designed by Perkins Eastman Architects DPC, the 50,000-square-foot, two-story commercial building is currently owned by Simone Development Companies.
