The Real Deal New York

Residential building with 94 units planned for the Bronx

Arjan Gjushi planning an eight-story project at 29 Featherbed Lane
By Eddie Small | June 19, 2017 05:20PM

29 Featherbed Lane (Credit: Google Maps)

A vacant Bronx lot could turn into a residential building with 94 units, according to plans filed with the city’s Department of Buildings.

Bronx investor Arjan Gjushi filed plans with the agency on Monday to construct an eight-story building at 29 Featherbed Lane that would span 61,031 square feet.

Gjusi purchased the property in 2016 for $500,000 from the Stagg Group TRData LogoTINY, which had planned to construct a 59-unit residential building on the property.

Gjusi, who owns multiple residential buildings in the Bronx, did not respond to a request for comment.

The project would be located in Morris Heights, where the nearby 99-unit residential building at 1765 Townsend Avenue recently sold for $26 million to Josh Gotlib’s Black Spruce Management.

(To view more new construction projects in the Bronx, click here)