Permits have been filed for a seven-story residential building at 2001 Creston Avenue in Tremont, The Bronx. Located at the intersection of East 179th Street and Creston Avenue, the corner lot is two blocks from the Tremont Avenue subway station, serviced by the B and D trains. Atlantis Development is listed as the owner behind the applications.
A new rendering has been revealed for 2500 Barker Avenue, a seven-story mixed-use building under construction in the Allerton neighborhood of The Bronx. Designed by J Frankl Associates, the 74-foot-tall building will yield 48,452 square feet, with just under 36,000 square feet of residential area and about 12,500 square feet of ground-floor commercial space.
The housing lottery closes in six days for Arthur Avenue Senior Apartments, a nine-story senior living development at 600 East 179th Street in Tremont, The Bronx. Developed by Foxy Management in partnership with Hebrew Home at Riverdale under HPD’s Senior Affordable Rental Apartments program and designed by SLCE Architects, the building has 122 apartments available on NYC Housing Connect at 30 to 50 percent of the area median income, ranging from $0 to $51,200.
Developers recently revealed the first renderings and construction plans for a new full-service hotel in the Belmont section of The Bronx, also referred to as Little Italy. Located on East 188th Street between Arthur Avenue and Hughes Avenue, the project could also contain a collection of income-restricted apartments and a large parking garage.
L+M Development Partners, Type A Projects, BronxWorks, and the City of New York have closed on $349 million financing package to complete phase one of Bronx Point, a new mixed-use affordable housing complex in the South Bronx. As a public-private partnership, the financing entities include the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, Empire State Development, Wells Fargo, and additional private funding sources.
