The Real Deal New York

Posts Tagged ‘bronx’

  • TK

    Map of Bronx Metro North sites targeted for development (Click to enlarge)

    A Department of City Planning study focused on overhauling underused area around some Metro North stations in the Bronx is calling for a new plan to develop such spots along the waterfront.

    The study advocates development around the University Heights and Morris Heights stations that would help area residents more easily access other public transport and the Harlem River, DNAinfo reported. Such spots are currently underutilized despite being located in densely populated areas, the study finds, and are cut off from the rest of the community by highways and other obstructions. [more]

  • From left: The Mall at Bay Park opening and XSport Fitness facilities

    From left: The Mall at Bay Park opening and XSport Fitness facilities

    The Mall at Bay Plaza locked in another large tenant just ahead of the Bronx shopping center’s opening today. [more]

  • 941-intervale

    941 Intervale Avenue in the Bronx

    Bronx-based homeless-shelter operator Aguila sent eviction notices to 40 families at a six-story building after deciding to stop operating the site as a city-subsidized homeless shelter.

    The nearly 59,000-square-foot property at 941 Intervale Avenue is among dozens of privately-owned apartment buildings for which the city pays $3,565 per month to house the homeless, according to the Village Voice. [more]

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  • waltonave

    2065 Walton Avenue in the Bronx

    Developer Alan Bell, formerly a principal with Hudson Companies, and supportive-housing builder Jericho Project have teamed up to construct a 10-story affordable-housing building in the West Bronx. [more]

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  • From left: 2647 Jerome Avenue and Kingsbridge Armory rendering

    From left: 2647 Jerome Avenue (credit: Google Maps) and Kingsbridge Armory rendering

    The Kingsbridge Armory redevelopment is on hold, but a Bronx landlord is moving ahead with large rent increases for retail tenants at a shopping center across the road from the planned $320 million ice skating complex at the armory. [more]

  • Metro Center Atrium

    Metro Center Atrium

    Care provider Affinity Health Plan will take 90,000 square feet at Simone Development’s Pelham Bay, Bronx mixed-use complex, the Metro Center Atrium. [more]

  • 1135 Pelham Parkway North

    1135 Pelham Parkway North

    Six months after Phillip Goldfarb bought three six-story towers in the Bronx, tenants say conditions are deteriorating while rents are rising. [more]

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  • The Bronx

    The Bronx

    From the May issue: Could the birthplace of hip-hop be the next real estate hot spot in the city?

    With the recession in the rearview mirror, ever more confident New York City developers and real estate investors are scouring the five boroughs for the next up-and-coming locales. Here’s where they’re landing. [more]

  • 901 Walton Avenue in the Bronx

    901 Walton Avenue in the Bronx

    A group of long time Bronx tenants has filed a complaint with the state Division of Housing and Community Renewal claiming that their landlords are charging illegal fees every month.  [more]

  • Artists Jayson Agosto and Clark FLY I.D. (credit: Richard Harbus)

    Artists Jayson Agosto and Clark FLY I.D. (credit: Richard Harbus)

    WEEKENDEDITION We’ve already seen that graffiti art has become a luxury amenity, and now the once abhorred art form is even being used to beautify a Bronx neighborhood.  [more]

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  • 1770-grand

    1770 Grand Concourse and Marc Goldfarb

    New Rochelle, N.Y.-based landlord and brokerage Goldfarb Properties bought a 134,000-square-foot mixed-use building in the Bronx from the Bronx-Lebanon Hospital Center for $27.8 million, according to property records filed with the city today.

    The 13-story property at 1770 Grand Concourse holds 185 rental apartments, as well as 14,000 square feet of office space and 7,500 square feet of garage space. The Bronx-Lebanon Hospital Center Department of Dentistry is one of the office tenants. [more]

  • 3144 3rd Avenue in the Bronx

    3144 3rd Avenue in the Bronx

    WEEKENDEDITION Boom! Health, a Bronx nonprofit, is transforming a building at the heart of Melrose into a health center, LGBTQ headquarters and sidewalk café.

    The nonprofit – a collaboration between CitiWide Harm Reduction and Bronx AIDS Services – has signed a 25-year lease on the six-story building that was home to the Brook House furniture store for more than 50 years, according to the New York Daily News. [more]

  • 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]

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  • 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]

  • 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]

  • 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]

  • 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]

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  • 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]

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  • 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]

  • 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]