A 1,045-unit housing complex known as Bronx Point is now recognized as the first and only affordable housing project to achieve WEDG certification. The rating system was founded by the Waterfront Alliance, an independent offshoot of The Municipal Art Society of New York, that establishes guidelines for ecologically friendly waterfront design and construction.
Maddd Equities is responsible for one of the largest forthcoming developments in the South Bronx, a new 274,000-square-foot building in the borough’s Cromwell-Jerome neighborhood. Located at 1164 River Avenue, the development is currently in pre-construction and will eventually comprise 250 rental units and 88,000 square feet of lower-level commercial space.
A new four-story apartment building in the Charlotte Gardens section of the South Bronx may soon break ground following the release of architectural renderings from the project team. The development is located at 1432 Vyse Avenue and will eventually comprise 6,128 square feet of residential area.
Brooklyn-based developer Hello Living is expanding into The Bronx. The announcement of their purchase of 1049 Washington Avenue in the South Bronx yesterday—their second development and acquisition outside of Brooklyn—also brought forth the first renderings plans to realize the site as condominiums.
Permits have been filed for a four-story residential building at 494 Jackson Avenue, in the South Bronx. The site is five blocks away from the East 149th Street subway station, serviced by the 6 train. Yellow Jacket Ventures, a Brooklyn-based developer, is listed as behind the applications.