Local Bronx developers Stagg Group filed plans for their second large-scale affordable housing development in the Norwood/Bedford Park neighborhood back in late 2015, and the project is finally complete as its 117 units have just come online via the city’s housing lottery. The 11-story building known as Norwood Garden sits at the intersection of Webster Avenue and the dead-end East 203rd Street and was designed by Marin Architects with a large, rear second-story terrace, as well as several rooftop terraces. The units are available to households earning 60, 90, 100, and 130 percent of the area median income and range from $865/month studios to $2,302/month three-bedrooms.
Stagg bought the site in 2015 for $4.1 million, following a 2011 rezoning of the neighborhood that allowed for mid-density housing along busy Webster Avenue. In addition to the outdoor spaces, amenities include a recreation center, fitness room, and laundry room. There’s about 4,000 square feet of retail on the ground floor and 6,000 square feet of community space, in addition to being just a couple blocks north of the New York Botanical Garden.
Qualifying New Yorkers can apply for the new affordable units at Norwood Garden until May 3, 2018. Fifty percent of units will be set aside for residents of Bronx Community Board 7. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
Use 6sqft’s map below to find even more ongoing housing lotteries.
If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.
Renderings via Marin Architects
Neighborhoods : Bronx