By Aaron Ginsburg, Fri, March 11, 2022 Rendering courtesy of ArX Solutions
The priciest private development in the Bronx opened its first residential tower this week with rents to match. Developed by Brookfield Properties, the $950 million mixed-use Bankside project is one of the largest private investments in Bronx history and sits on 4.3-acres along the Mott Haven waterfront. On Thursday, rents for the market-rate apartments at Third at Bankside were revealed, with prices ranging from $2,455/month for studio apartments to $7,334/month for a three-bedroom unit with a private terrace.
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By Aaron Ginsburg, Wed, January 26, 2022 Rendering courtesy of ArX Solutions
A housing lottery opened this week for 134 middle-income units at a new development in the South Bronx. Developed by Brookfield Properties, Third at Bankside is the first phase of Bankside, the most expensive private development in Bronx history. New Yorkers earning 130 percent of the area median income are eligible to apply for the apartments, which range from $1,795/month studios to $2,900/month two-bedrooms.
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By Devin Gannon, Wed, December 15, 2021 After New York City’s construction and real estate industries ground to a halt last year because of the pandemic, 2021 saw a flurry of activity, thanks to the arrival of the coronavirus vaccine and federal funding for states and cities. This year, we saw positive signs that the road to recovery for New York real estate has started. More apartments sold in Manhattan in the third quarter of 2021 than at any point during the last 30 years. Brooklyn gained its first supertall. The priciest private development ever built in the Bronx opened. Records were broken, set, and broken again.
As the city adapts to a new normal, so do residential projects. Amenities now focus on health and wellness, like stunning sky-high pools, curated fitness centers, and landscaped outdoor space. With work-from-home culture likely not going anywhere, developers offer designer-crafted co-working spaces, libraries, and lounges.
Our picks are down to 16 of the most notable residential projects this year. Which do you think deserves 6sqft’s title of 2021 Building of the Year? Polls for our seventh annual competition will remain open through midnight on Sunday, December 26. A winner will be announced on Monday, December 27. Happy voting!
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