The affordable housing lottery has launched for 3602 Holland Avenue, a five-story residential building in Williamsbridge, The Bronx. Designed by Cavalry Associates and developed by Lazer Derbarmdiger of The Ionic Group LLC, the structure yields 22 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $98,332 to $189,540.
Mayor Eric Adams, alongside the New York City Economic Development Corporation (NYCEDC) and the Department of Correction (DOC), has announced the permanent removal of the Vernon C. Bain Correctional Center barge from the Hunts Point waterfront in the Bronx. In its place, the city plans to develop a new Hunts Point Marine Terminal, which will serve as a logistics hub connecting maritime freight to last-mile delivery systems throughout New York City.
Construction has topped out on the second phase of The Peninsula, a 100-percent affordable residential complex in Hunts Point, The Bronx. Developed and built by Gilbane Development, Hudson Companies, MHANY Management, and Broadway Builders, the entire master plan will consist of four mixed-use buildings yielding 740 affordable homes. The development will also contain a light-industrial manufacturing facility, 15,000 square feet of retail space, a grocery store, and 57,000 square feet of open public plazas. There will also be 52,000 square feet of community facility space slated to be occupied by a DOE administered Head Start facility, Inspiration Point’s cultural arts facility, and a Health and Wellness Center operated by UrbanHealth Plan. The property is located along Spofford Avenue between Manida and Tiffany Streets.
Permits have been filed for a four-story residential building at 745 East 215th Street in Williamsbridge, The Bronx. Located between White Plains Road and Barnes Avenue, the lot is short walk south of the 219th subway station, served by the 2 and 5 trains. Steven Westreich of Westorchard Management is listed as the owner behind the applications.
Permits have been filed for a nine-story residential building at 2110 Crotona Avenue in East Tremont, The Bronx. Located between East 180th Street and East 181st Street, the lot is near the 182-183 Streets subway station, served by the B and D trains. Arjan Gjushi of Gjushi Construction Company is listed as the owner behind the applications.
