Not only has Mott Haven been dubbed the next “it” ‘hood, but it’s become one of the city’s top areas for large, new affordable housing sites. One such development, the three-building Crossroads Plaza, is a $157 million project from Douglaston Development that will all together bring 425 units of affordable housing to the South Bronx, as well as a 20,000-square-foot public plaza. The first building opened in 2015, the second the following year, and now the city is accepting applications for the final phase at 828 East 149th Street. The 163-unit building is open to those earning 60, 100, 110, and 120 percent of the area median income, and apartments range from $788/month studios to $2,120/month three-bedrooms.
Up-and-comer “It” neighborhood Mott Haven in the South Bronx kicks off a brand new housing lottery today with 135 new rentals up for grabs at 500 Union Avenue. The 14-story residence, dubbed the Crossroads II Plaza, has been dedicated to below-market rate housing and is part of the larger three-building Crossroad Plaza project, which includes a include a 21,278-square-foot community facility and 37,687 square feet of commercial space. Affordable apartments have been priced between $538-$861 for one-bedrooms, $655-$1,042 for two-bedrooms, and $749-$1,196 for three-bedrooms.