The northwestern Bronx has become one of the few places in New York City where developers can build apartments relatively cheaply. Now prolific affordable developer Dunn Development has filed plans for a project in Norwood, a neighborhood just north of Bronx Park.
New, glassy residential towers have dramatically reshaped Long Island City and, now, the construction boom is moving north into Astoria. A local developer hopes to demolish a discount furniture store at 28-16 21st Street in Astoria and build a seven-story apartment building.
A parking lot on a valuable stretch of Atlantic Avenue in Boerum Hill won’t be empty for much longer. Bluerock Real Estate is planning a six-story, four-unit building with commercial space at 330 Atlantic Avenue, between Smith and Hoyt streets.
Alma Realty is working on two huge projects along the Astoria waterfront, and now they are venturing much farther east in the borough, to the middle-class neighborhood of Kew Gardens Hills, Queens. The Long Island City-based builder has filed plans for a seven-story residential building at 152-26 Union Turnpike, between 152nd and 153rd streets.
A seven-story hotel on West 42nd Street between 10th and 11th avenues may bite the dust for a 39-story apartment building. The latest West Side megatower is planned for 507 West 42nd Street, a couple blocks north of the Lincoln Tunnel approach.