Maddd Equities

Bronx, New Developments

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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affordable housing, Bronx, New Developments

Photo via Wiki Commons

The South Bronx’s building boom is continuing with the announcement of a pair of developments near Yankee Stadium that will bring 750 mixed-use residential units to the area. As reported by The Real Deal, Maddd Equities is developing two sites across from each other at 1159 and 1184 River Avenue. The former will have 250 affordable and supportive housing units, and the latter will be a set of 17-story buildings with 500 apartments, most of which will be reserved for low-income households.

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