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affordable housing, Bronx, New Developments

Bronx Commons, WHEDco, WXY Architecture, Danois Architects, Bronx Music Hall, South Bronx affordable housing, BFC Partners

Bronx Commons via Danois

The $160 million Bronx Commons mixed-use development, located in the borough’s Melrose neighborhood, broke ground in January. When complete, it will combine affordable housing, retail, landscaped public space, and a 300-seat music and arts venue known as Bronx Music Hall. As 6sqft previously reported, the Hall was envisioned as a way to celebrate and revitalize “the deeply rooted history of cutting edge Bronx music,” which nonprofit developers WHEDco and BFC Partners also hoped to address by setting aside 15 percent of the 305 below-market rate apartments for older musicians. But as the Times explains, despite the South Bronx’s past as a hub for jazz and doo-wop music venues and sidemen, the city says this may be in violation of fair housing laws that prohibit preferences based on age or race.

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Bronx, mott haven, New Developments

The massive South Bronx waterfront development planned by Somerset Partners and Chetrit Group is coming together–at least visually. CityRealty revealed a rendering of the second parcel of a two-parcel master plan that will eventually hold six residential towers and park space. Construction on the first three buildings within the first parcel at 2401 Third Avenue was approved last summer. This second parcel at 101 Lincoln Avenue will hold three more towers, 25 stories each, with a grand total of 826 apartments. The developers have long heralded this development as a game-changer for the South Bronx, but faced pushback after Somerset developer Keith Rubenstein attempted to rebrand the area as the “Piano District” and held a party that capitalized on the struggles of the Bronx in the 1970s, featuring burning trash cans and a bullet-ridden car.

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affordable housing, Bronx, New Developments

Bronx Commons, WHEDco, WXY Architecture, Danois Architects, Bronx Music Hall, South Bronx affordable housing, BFC Partners

Not only did the Times recently name the South Bronx one of this year’s hottest travel destinations, but the up-and-coming ‘hood has become a hotbed for new development. Many of these include affordable housing, which is the case at Bronx Commons, a mixed-use development in the Melrose Commons neighborhood that broke ground this morning. The $160 million project includes 305 all-affordable apartments, retail, and a landscaped public plaza, all of which will be anchored by the Bronx Music Hall, a new 300-seat venue that will serve as an “arts-centered community hub focused on the deeply rooted history of cutting edge Bronx music,” according to a press release from developers WHEDco and BFC Partners.

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Bronx

The south bronx , bronx grand concourse

In addition to far-flung and exotic locales such as Kazakhstan, the Great Barrier Reef in Australia, Sikkim, India, and Marrakesh, Morocco, the New York Times has added to its list of “52 Places to Go in 2017” several cities across the U.S. on the cusp of gentrification or about to make a comeback. One of these is the South Bronx, subtitled as “an industrial neighborhood’s revival.” They point to the ‘hood’s declining crime rates, wave of new development, and, of course, burgeoning foodie scene.

Read the whole travel blurb here

Bronx, mott haven, New Developments, Rentals

Controversial South Bronx Developer Keith Rubenstein of Somerset Partners, along with the Chetrit Group, received approvals earlier this summer for a two-site, six-tower, mixed-use master plan on the Mott Haven banks of the Harlem River. This is the same project that Rubenstein touted as part of his campaign to rebrand the southern portion of the borough as the “Piano District,” a marketing ploy that nodded to the piano manufacturers that dotted the area 100 years ago, but that featured a misguided party with burning trash cans and a bullet-ridden car, referencing the horrible “Bronx is burning” days of the 1970s.

Contention aside, the development is moving ahead, and CityRealty.com has a 360-degree look at how the first site’s three towers (two at 20 stories and one at 25) will transform the South Bronx skyline. These buildings at 2401 Third Avenue will rise just to the northwest of the Third Avenue Bridge, the former site of an 1880s iron works building that will soon boast $3,500/month apartments.

More details ahead

Bronx, gentrification, New Developments, real estate trends

The south bronx , bronx grand concourse

Image: View Grand Concourse via photopin (license)

Controversial South Bronx Developer Keith Rubenstein of Somerset Partners has purchased a 16,000-square-foot warehouse (expandable to 30,000 square feet) at 9 Bruckner Boulevard for $7.5 million and intends to create a Gansevoort Market-style food hall called Bruckner Market, reports The Real Deal.

According to the developer, who purchased two other South Bronx waterfront sites last year, the space will offer a fresh food market, kiosks and restaurants and may have a beer garden, though he made a point of addressing how the new addition will affect the community: “It will provide great food and beverage options at affordable prices for the existing community and new community.”

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