Port Morris

Union Crossing at 825 East 141st Street Nearing Opening Day Amidst Residential Boom in South Bronx

7:30 am on January 13, 2019 By Michael Young

The South Bronx is undergoing a major urban transformation as developers are continuing to reshape the area with a mix of adaptive-reuse buildings and new residential construction. Union Crossing is a new mixed-use project that will combine contemporary commercial office space and retail opportunities for newcomers to the historic neighborhood. It is designed by Woods Bagot, while the developers include Madison Realty Capital, The Altmark Group, The Bluestone Group, and Galil Management. JRT Realty is the exclusive leasing agent for the venture.

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780 East 135th Street

Commercial Conversion Possible for Six-Story, 84,650-Square-Foot Industrial Building at 780 East 135th Street, Port Morris

6:00 am on April 22, 2016 By Reid Wilson

Bluestone Group, Altmark Capital, and Princeton Holdings have acquired, for $14.1 million, the six-story, 84,650-square-foot industrial building at 780 East 135th Street, in Port Morris, located five blocks from the Cypress Avenue stop on the 6 train. The previous owner was using the building as a storage facility, although the property is being delivered vacant. The new owners are considering converting it into creative office space or artists’ lofts, according to Commercial Observer. The exact plans for the structure have not yet been finalized or official disclosed.

747 East 133rd Street

Four Stories, 24 Residential Units Planned At 747 East 133rd Street, Port Morris

3:00 pm on August 4, 2015 By Reid Wilson

Bronx-based Altmark Group has filed applications, originally submitted to the DOB in 2013, for three four-story residential buildings at 747-751 East 133rd Street, in Port Morris, six blocks from the 6 train’s Cypress Avenue stop. The development will include a total of 24 residential units spread across 17,328 square feet, for units averaging a rental-sized 722 square feet. Shahriar Afshari is the applicant of record.

101 Lincoln Avenue

Two 25-Story Mixed-Use Towers Planned At 101 Lincoln and 2401 Third Avenues, Port Morris

6:00 am on June 26, 2015 By Reid Wilson

Earlier this year, Chetrit Group and Somerset Partners purchased two Bronx waterfront development sites at 2401 3rd Avenue and 101 Lincoln Avenue, in Port Morris, surrounding both sides of the Third Avenue Bridge, and now Curbed has the details for their project. The developers plan two 25-story towers totaling 1,600 residential units, across 1.3 million square feet, and retail space will span the first two floors. The site is currently occupied by warehouses.

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