New mixed-income development brings 435 affordable housing units to Soundview in the Bronx

Posted On Fri, November 22, 2019 By

Posted On Fri, November 22, 2019 By In affordable housing, Bronx, New Developments

Photo courtesy of L+M Development Partners

Following a ribbon-cutting ceremony yesterday, L+M Development Partners and Nelson Management Group opened the doors to their new mixed-use affordable housing developments in Soundview, the Bronx. The two buildings at 1520 and 1530 Story Avenue will bring 435 units of affordable housing and a 15,000-square-foot facility for Easterseals New York that will offer early childhood education. Roughly half of the units were up for grabs through a lottery held earlier this year.

1520 Story Avenue, 1530 Story Avenue, Bronx, Soundview, Affordable Housing, L+M Development Partners

1520 Story Avenue, 1530 Story Avenue, Bronx, Soundview, Affordable Housing, L+M Development Partners
Photos courtesy of L+M Development Partners

Designed by Curtis+Ginsberg Architects, the two structures are connected via a one-story structure that holds the fitness center. Other amenities include a playground, landscaped areas with seating and walking paths, a laundry room, parking, bike storage, indoor and outdoor fitness areas, and lockers for packages. Half of the units in the development are reserved for households making between 30 and 60 percent of Area Median Income (AMI) and the other half are for moderate-income households at 80 to 95 percent of AMI.

“The long journey of this as-of-right project has brought over 400 units of affordable housing in a state of the art facility that also brings significant new community amenities and meeting space,” assembly member Marcos A. Crespo said. “I’m grateful to L+M and Nelson Management for the attention to community concerns and allowing various points of input to shape the end result.”

The buildings are located along the Bx5 bus route (the 6 train is also nearby) and right across from Soundview Park and its 205 acres of green space with six baseball fields, a cricket pitch, running track, soccer field, basketball courts, walking paths, and a performance lawn.

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Photos courtesy of L+M Development Partners

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Neighborhoods : Bronx

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