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.
New renderings from Robert A.M. Stern Architects offer a first look at 1640-1642 Anthony Avenue, an affordable housing property in the Claremont neighborhood of The Bronx. The property will create 40 low-income homeownership opportunities reserved for households earning up to $93,000 for a three-person household.
Construction has officially begun at 1323 Boston Road, a new affordable senior housing project in The Bronx. Known as Garden Towers Apartments, the development is wedged between Clinton Avenue and Boston Road in the Morrisania neighborhood and will introduce 150 apartments spread across two buildings.
New York City Public Housing Authority (NYCHA), the NYC Department of Housing Preservation and Development (HPD), and the NYC Housing Development Corporation (HDC) have finalized a major construction financing package to complete a 205-unit affordable housing development in The Bronx. Located in the borough’s Soundview neighborhood, the building will debut as Casa Celina, named after Justice Sonia Sotomayor’s mother Celina Baez.
Renderings from S. Wieder Architect offer a first look at a new 12-story residential property at 261 Grand Concourse in Mott Haven, The Bronx. The building will comprise 96 rental units and associated amenities including a fitness center, multiple open-air terraces, and more to be announced. Select residences will also include private outdoor space.
