The Real Deal New York

Posts Tagged ‘bronx’

  • The Bronx Courthouse on East 161st Street in Melrose

    Bronx Courthouse in Melrose

    Nearly 40 years after shutting its doors in the 1970s, the empty Bronx Courthouse on East 161st Street and Third Avenue in Melrose is ready to have a tenant again, be it a charter school or a community group, according to owner Henry Weinstein.

    There’s just one problem: the building is in such disrepair that no school could afford to complete the necessary renovations. [more]

    1 Comment
  • Donald Trump and a rendering of the Trump Golf Links at Ferry Point

    Donald Trump and a rendering of the Trump Golf Links at Ferry Point

    Donald Trump’s public golf course in the Bronx is now projected to cost $236 million to complete, more than 10 times the original cost when construction began in 2000. [more]

    3 Comments
  • mall-at-bay-plaza

    Rendering of Mall at Bay Plaza in the Bronx

    Prestige Properties and Development has signed cosmetics chain Ulta Beauty to an 11,400-square-foot space at the Mall at Bay Plaza in the Bronx.

    Construction, which kicked off in 2012, is still underway at the 780,000-square-foot mall. Tenants include Macy’s, American Eagle, Michael Kors and Victoria’s Secret. Ulta Beauty is expected to open when the mall is slated to open, on Aug. 14. The 10-year lease is Ulta’s first in the borough. [more]

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  • From left: Michael Dubb, Shorehaven Condominiums and Sen. Jeff Klein

    From left: Michael Dubb, 101 Soundview Avenue and Jeff Klein

    A Bronx condominium complex constructed by the Beechwood Organization snagged millions in tax benefits thanks to a last-minute bill added to the state’s $138 billion budget. [more]

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  • From left: Aaron Jungreis, Eli Breiner and 2074 Crotona Parkway

    From left: Aaron Jungreis, Eli Breiner and 2074 Crotona Parkway

    An unidentified Brooklyn-based investor has snapped up an 11-building affordable housing portfolio in the Bronx for $42.2 million, The Real Deal has learned. [more]

    1 Comment
  • high-bridge

    High Bridge

    The car-free High Bridge, which spans the Harlem River and connects Washington Heights with Highbridge in the Bronx, is slated to reopen in December.

    “We are exploring every opportunity to expedite the project,” Phil Abramson, spokesperson for the Department of Parks and Recreation, said in a statement provided to Streetsblog. [more]

    1 Comment
  • West Bronx apartments

    West Bronx apartments

    The Related Companies, in partnership with city pension funds, has forked over $270 million for a Bronx rental building portfolio.

    The 35-building portfolio, purchased from SW Management, consists of medical offices and more than 2,000 apartment units located on Valentine Avenue, University Avenue and Fulton Street in the West Bronx. [more]

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  • From left: Ruben Diaz Jr. and Donald Trump

    From left: Ruben Diaz Jr. and Donald Trump

    Donald Trump and Bronx borough president Ruben Diaz, Jr. are getting along well in the wake of their successful redevelopment venture, the heavily debated 200-acre Ferry Point golf course, in the borough’s Throgs Neck area. [more]

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  • Rendering of Bay

    Rendering of Bay River Shopping Center in the Bronx

    Developers are taking advantage of the Bronx’s relatively low rental prices and high shopper volume by opening up more retail space. [more]

    2 Comments
  • Collapsed roof of 694 Burke Avenue

    Collapsed roof of 694 Burke Avenue

    Snow buildup from the latest round of winter storms caused the roof of a CVS in the Bronx to collapse on Wednesday. Last night, the building was demolished. [more]

    2 Comments
  • New Hope Walton, Bronx

    Mount Hope Walton, Bronx

    A nonprofit that provides affordable housing for domestic violence survivors is breathing life into a Bronx condo project that stalled during the financial crisis.

    New Destiny Housing waited two years for permission from the city’s Department of Housing, Preservation and Development to buy the 70,000-square-foot, $11 million development in the Mount Hope neighborhood late last year. The project was designed by Oaklander, Coogan and Vitto Architects and erected in 2009.  [more]

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  • From left: Gov. Andrew Cuomo, Co-op City

    From left: Govenor Andrew Cuomo, Co-op City

    Governor Andrew Cuomo is trying to put Bronx mega-complex Co-op City on the public transport map. [more]

    3 Comments
  • From left: Cablevision's many entities and Co-Op City in the Bronx, photo by Amani Willett

    From left: Cablevision’s logo, Co-op City in the Bronx

    Residents of Co-op City who recently voted on a too-good-to-be-true deal with Cablevision to cut their cable bills by 75 percent are holding out for another company to offer a better deal.

    Some 6,200 of the 55,000 who call the massive Bronx rental complex home voted in a referendum that needed 10,000 votes to pass. But about one-third of those who did show up turned down the proposal, despite the $50 per month it would save them, to avoid risking another five-year contract with the cable conglomerate.  [more]

    2 Comments
  • 2198-cruger

    2198 Cruger Avenue in Bronxdale (Inset: Jeff Klein)

    Tenants of a six-story Bronxdale apartment building have called on local leaders to urge their landlord to provide adequate heat and hot water, which they allege he has not. [more]

    2 Comments
  • jeff-klein

    State Senator Jeff Klein

    A developer that operated under a LLC called the Bad Ass Group was hit with an $18 million class action lawsuit over an alleged scam involving low-quality homes.

    A group of 12 Bronx homeowners alleged in New York State Supreme Court that they were hurried into purchasing homes that were poorly constructed. Soon after moving in, they said they encountered black mold, leaky roofs, broken boilers and plumbing problems. [more]

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  • fordham-place

    Jeff Dunne and Fordham Place at 400 East Fordham Road in the Bronx

    Illinois-based real estate investment trust Retail Properties of America acquired the 262,000-square-foot Fordham Place in the Bronx from an affiliate of City Point developer Acadia Realty Trust for $133.9 million. [more]

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  • Gun Hill retail development rendering (Credit: BLT Architects)

    Gun Hill retail development rendering (Credit: BLT Architects)

    The Metropolitan Transportation Authority has nabbed a healthy chunk of change with the sale of a 550,000-square-foot site in the Bronx. [more]

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  • 4720 Grosvenor Avenue

    4720 Grosvenor Avenue

    While there are plenty of figurative castles in New York City, one listing in the Bronx actually goes toe to toe with the stuff of European fairytales — and could be yours for a mere $3.65 million. [more]

    1 Comment
  • 1547-commonwealth

    1547 Commonwealth Avenue in the Bronx

    A Bronx landlord was sentenced to 30 days in jail after failing to make hundreds of repairs to a run-down 12-unit rental building at 1547 Commonwealth Avenue.

    Bronx Housing Court Judge Jerald Klein said James Caban ignored all requests by the city to fix the four-story building’s many problems. The property has 308 open violations. [more]

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  • 1870 Pelham Parkway South, also known as the Pelham Grand, in the Bronx

    1870 Pelham Parkway South, also known as the Pelham Grand, in the Bronx

    A Harlem-based developer plans to convert a Bronx building into affordable housing for impoverished veterans, but neighbors fear the plan may be a scam. [more]

    2 Comments
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