The Real Deal New York

Posts Tagged ‘bronx’

  • West Bronx apartments

    West Bronx apartments

    Real estate in the Bronx is heating up. The borough saw a dramatic increase in investments in office as well as apartment buildings in 2014, according to the Wall Street Journal.

    Sales in the borough rose 39 percent to $2.39 billion, compared to the year before, the newspaper reported. Roughly 70 percent of all the properties sold in the borough were multi-family buildings. [more]

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  • bronx

    From left: 2401 Third Avenue in the Bronx, Keith Rubenstein, Joseph Chetrit and Douglas Harmon

    The Chetrit Group and Somerset Partners are days away from closing on a 1.5-acre waterfront site in the Bronx for $26 million as part of an enormous residential development, The Real Deal has learned. [more]

  • Bedford Manor Park in the Bronx

    Bedford Manor Park in the Bronx

    Almost 50,000 people are vying for 25 available rent-stabilized apartments in a new Bronx building. [more]

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  • A still of the Coney Island Ferris Wheel in Victor Chu's video.

    A still of the Coney Island Ferris Wheel in Victor Chu’s video.

    Bronx-based photographer Victor Chu is giving the world a penthouse view of New York City’s landmarks with images captured by drone. [more]

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  • 3224 Grand Concourse in the Bronx

    3224 Grand Concourse in the Bronx

    Eli Bleeman’s Paramount Homes, a New Jersey-based developer specializing in building a community of houses, acquired a housing complex in the Bronx’s Bedford Park neighborhood for $16.2 million.

    The eight buildings at 3224 Grand Concourse are each five-story walk-ups and span a total of 147,400 square feet. There are 112 apartments and five commercial units in the development. [more]

  • E&M sells Bronx-heavy portfolio for $54M

    December 30, 2014 03:29PM
    From left: 159 West 228th Street, Steven Vegh and 2322-2324 Grand Avenue

    From left: 159 West 228th Street, Steven Vegh and 2322-2324 Grand Avenue

    E&M Associates sold a 13-building portfolio, comprised of 11 buildings in the Bronx and two in Northern Manhattan, for $53.7 million, according to city records. [more]

  • clinton

    From left: 730 Oakland Place, 750 East 179th Street and 740 East 178th Street in the Bronx, and Marco Lala

    Clinton Towers, a three-building affordable-housing complex in the Bronx neighborhood of Tremont, hit the market this week for $70 million. [more]

  • north-brother-island

    Council member Mark Levine and North Brother Island in the Bronx (credit: Christopher Payne via Untapped Cities)

    Three City Council members have proposed redeveloping the 20-acre, abandoned North Brother Island in the Bronx as a massive public park. [more]

  • A rendering of the Tremont Renaissance

    A rendering of the Tremont Renaissance

    A 75-block stretch in the center of the Bronx is about to see a tidal wave of affordable housing. [more]

  • kingsbridge

    Kingsbridge Ice Center rendering and Kevin Parker (credit: Capalino.com)

    A Bronx Supreme Court justice dismissed an ownership claim yesterday from former associates of the Kingsbridge National Ice Center, which is managing the conversion project. [more]

  • From left: University Heights from across the Harlem River and Brooklyn's Broadway Junction

    From left: University Heights and Broadway Junction

    A pair of long-overlooked spots in the far reaches of Brooklyn and the Bronx are ripe for development, according to two reports released Monday by the Urban Land Institute. [more]

  • From left: Ruben Diaz Jr. and Metro-North New Haven line

    From left: Ruben Diaz Jr. and Metro-North New Haven line

    The Metropolitan Transportation Authority will formally propose a long-discussed plan to extend the Metro North New Haven Line to a section of the Bronx with little access to public transportation.

    On Wednesday, the transportation authority will unveil plans to build stations in Hunts Point, Parkchester, Morris Park and Co-op City along the New Haven line, according to documents posted to the MTA website ahead of a meeting on its five-year capital plan and cited by the Wall Street Journal. The project also calls for the commuter line to be extended beyond Grand Central Terminal to Penn Station. [more]

  • Coming to the Bronx: A lot more hotels

    September 15, 2014 09:00AM
    The Opera House Hotel in the Bronx

    The Opera House Hotel in the Bronx

    Hundreds of hotel rooms will soon be coming online in the Bronx.

    Several plans are now in place for new hotel developments across the borough, according to the New York Daily News. The projects come in the wake of the opening of several upscale lodging facilities in the borough in recent years. The Opera House Hotel, for one, which is located on East 149th Street, opened in December. [more]

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  • From left: Donald Trump and the Capri Whitestone Hotel

    From left: Donald Trump and the Capri Whitestone Hotel

    The city is planning to open a homeless shelter at the now-shuttered Capri Whitestone Hotel in the Bronx.

    The motel — known for its deplorable conditions and hourly clientele — hit the market earlier this month. The New York Daily News reported that non-profit HELP-USA struck an agreement with the city to convert the 95-room building into a shelter for homeless families. New York City currently has a homeless population of 55,728. [more]

  • 2085-walton

    2085 Walton Avenue in the Bronx

    The city has allotted nearly $23 million to renovate three affordable housing properties in the Bronx.

    The buildings are known as the Mount Sharon HDFC — one of them at 2085 Walton Avenue — and are located in the Kingsbridge and Fordham neighborhoods. Two of them will be outfitted with new windows, plumbing and electrical systems. The renovations are set to be complete by 2016. [more]

  • 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]


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