RXR Realty recently celebrated the commencement of construction on 2413 Third Avenue, a 27-story residential tower in the Mott Haven section of the South Bronx. Designed by CetraRuddy Architecture, the development will comprise a mix of residences, parking, and ground-floor commercial area. 2413 Third Avenue arrives as RXR Realty’s first entry into the Bronx market.
The Jackson Group recently sold 2970 Third Avenue, a 25,000-square-foot retail property in the South Bronx, to 5 Boro Real Estate Partners for $8.75 million. The new owners intend to redevelop the property into a 100,000-square-foot mixed-use building.
Construction has broken ground on phase one of Bronx Point, a mixed-use development in the South Bronx. In addition to 542 affordable housing units, phase one includes construction of the Universal Hip Hop Museum, 2.8 acres of public open space, and a robust mix of community facilities.
New York State has officially launched the second phase of major enhancements to the interchange of Bruckner Expressway and Bruckner Boulevard in Hunts Point, the South Bronx. Known as the Hunts Point Access Improvement Project, Phase Two includes rehabilitation to existing roadway infrastructure, the enhancement of public safety on local streets by strategically reducing truck traffic, and the construction of a new shared walkway and bike path on Bruckner Boulevard between 138th Street and Barretto Street.
Renderings from Node Architecture, Engineering, Consulting reveal a proposed four-story residential building at 557 East 161st Street in Melrose, The Bronx. The structure will eventually comprise 8,500 square feet and yield nine rental units.
