, Thu, September 23, 2021
As the first phase nears completion, a fresh set of renderings has been released of one of the most expensive private development in Bronx history. Developed by Brookfield Properties, Bankside is a $950 million seven-tower complex that stretches across two Harlem River-facing parcels in Mott Haven. New images of the massive development show off the project’s 450-unit rental set to open this year, as well as the new public waterfront park and esplanade.
Renderings courtesy of ArX Solutions
The most expensive private development in the Bronx continues to progress. Brookfield Properties announced this month that the final tower at the phase one site of Bankside, a seven-tower waterfront complex in Mott Haven, has topped out. The $950 million mixed-use project takes up two parcels on either side of the Third Avenue Bridge on the Harlem River. Third at Bankside, located at 2401 Third Avenue, has officially topped out and developers have broken ground at Lincoln at Bankside, located at 101 Lincoln Avenue.
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Photo credit: Marc A. Hermann / MTA New York City Transit on Flickr
Nearly three miles of dedicated bus lanes equipped with transit signal priority technology and enforcement cameras opened in the South Bronx last week, part of the city’s plan to speed up the system’s notoriously slow travel times. The new lanes run along East 149th Street between Southern Boulevard and River Avenue and are used by four heavily-used bus routes, the Bx2, Bx4, Bx17, and the Bx19. The bus improvement project is the fourth to be completed since Mayor Bill de Blasio announced his Better Buses Restart plan in June amid the city’s coronavirus pandemic recovery.
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Photo via Wikimedia
More than 250 affordable and middle-income apartments are up for grabs at a three-building development in the South Bronx. The rentals, found at 741 Concourse Village West, 702 Grand Concourse, and 180 East 156th Street, are located within the Grand Concourse Historic District and next to Franz Sigel Park. Qualifying New Yorkers earning between 30 and 130 percent of the area median income can apply for the apartments, which start at $331/month studios and go up to $2,406/month three-bedrooms.
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Image by A.V. Flores from Pixabay
With a deal between the New York City Football Club and developer Maddd Equities to build a new soccer stadium in the South Bronx on the horizon, the Urban Land Institute New York (ULI NY) and Bronx Community Board 4 (CB4) have issued a report outlining how the new stadium could best impact the surrounding community. ULI New York recommendations outline important strategies that would allow the proposed stadium to become a catalyst for neighborhood growth.
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Image courtesy of Douglas Elliman.
In the bustling and buzzy South Bronx community of Mott Haven, this bonafide loft at 305 East 140th Street is also a 2008 condominium conversion known as Bronx Bricks. Constructed in 1904, the classic loft building features a ground-floor art gallery and adjacent theater performance space, both of which highlight the neighborhood’s vibrant arts community. The 1,290-square-foot unit is asking $839,000.
Just don’t call it SoBro
Renderings courtesy of ArX Solutions
Last fall, Brookfield Properties bought two sites in Mott Haven for $165 million—the most expensive transaction on record for development in the Bronx—from Somerset Partners and Chetrit Group. On Thursday, the developers revealed a $950 million plan for a 4.3-acre mixed-use development that will bring more than 1,350 apartments to the South Bronx neighborhood, of which 30 percent will be affordable. Branded as Bankside, the project will also include a public waterfront park and promenade, as well as ground-floor retail and community facility spaces.
See it here
You’re probably familiar with the big attractions in the Bronx: Yankee Stadium, the New York Botanical Garden, and the Bronx Zoo. But the borough has a lot more going on, from historic and cultural treats and treasures to new breweries and restaurants and acres of beaches, parks, trails, and gardens. Read on for a collection of destinations in the city’s northernmost, greenest, and most diverse borough that are worth the trip, wherever you’re coming from.
More to do in the Bronx, this way
Rendering via L+M Development
A housing lottery has just launched for 223 mixed-income apartments in the new South Bronx building located at 1520 Story Avenue, known as Story Avenue West. The rental building is one of two new structures at the site, part of the Lafayette-Boynton residential complex in the Soundview neighborhood, developed by Nelson Management Group and L+M Development Partners. Qualifying New Yorkers earning 30, 50, 60, 90 and 110 percent of the area median income can apply for the units, which range from $389/month studios to $2,066/month three-bedrooms.
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A housing lottery launched this week for 32 affordable apartments in the Morrisania neighborhood of the South Bronx. The new building located on the corner of Third Avenue at 545 East 166th Street sits on the same block as the recently-expanded Estella Diggs Park, which has greenery, pathways, and new play equipment. Qualifying New Yorkers earning 40, 50, 60, or 80 percent of the area median income can apply for the units, ranging from a $590/studio to a $1,643/month two-bedroom.
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