Back in 2015, Tishman bought a nine-story parking garage at 110 East 16th Street, next to Union Square, for $35 million. Now, YIMBY has the reveal for its imminent transformation, which will result in an attractive 21-story condominium building designed by Morris Adjmi.
A long-vacant lot at the corner of Bedford Avenue and Pacific Streets in Crown Heights is set to become a nine-story affordable rental building.
Property owner Larry Ahern has filed applications for a two-story, 138,600-square-foot self-storage facility at 3350 Park Avenue, located on the corner of East 165th Street in the South Bronx’s Morrisania section. The project will have 90,600 square feet of commercial space, which is the area that can be rented out as storage space. Ceiling heights will also measure roughly 20 feet, so it could be that the building gets partially used for industrial purposes. Accessory offices will be located on the ground floor. There will also be four loading berths and 15 off-street parking spaces. Frank G. Relf’s Melville, N.Y.-based architecture firm is the architect of record. The 90,800-square-foot lot is partially occupied by a collection of single-story commercial warehouses rented out to various businesses. Demolition permits haven’t been filed.
The city and a group of developers broke ground Monday on an 11-story affordable and supportive housing development in the University Heights section of the Bronx.
The Furman Center’s newest State of the City report declared that Fordham and University Heights, in the northwestern Bronx, are “non-gentrifying.” Both neighborhoods are working class and largely Latino and black. While rents have risen there over the last decade, the cost of living hasn’t increased quite as dramatically as it has in “gentrifying” South Bronx neighborhoods, like Mott Haven and Port Morris.