New 161-unit resi building coming to Bronx

Property Resources Corporation filed plans for an eight-story property at 970 Kelly Street

New York /
Sep.September 27, 2017 02:06 PM

A new multifamily building with 161 residential units is on its way to the South Bronx.

Manhattan-based developer Property Resources Corporation filed plans on Wednesday with the Department of Buildings to construct an eight-story mixed-income building alongside two five-story buildings at 970 Kelly Street in Longwood. The lot currently includes two residential buildings with 52 units each, a parking lot and green space.

Representatives from Property Resources Corporation did not respond to requests for comment. The company also has Bronx residential projects at 1000 Fox Street and 960 Simpson Street.

The South Bronx has become an extremely popular neighborhood for developers in recent years.

L+M Development just announced it would build a project called Bronx Point along the borough’s Waterfront By The 145th Street Bridge with 1,045 units of housing and a hip-hop museum,  and the Ader Group is working on an affordable housing complex with more than 400 units on Whitlock Avenue.


Related Articles

arrow_forward_ios
1065-1075 Gerard Avenue in the Bronx 
Prana pays Related $36M in Bronx multifamily play
Prana pays Related $36M in Bronx multifamily play
448 East 143rd Street in the Bronx (Credit: Google Maps)
Private developer’s NYCHA project in Mott Haven lands $79M in financing
Private developer’s NYCHA project in Mott Haven lands $79M in financing
1159 and 1184 River Avenue with Maddd Equities' Jorge Madruga (left) and Joy Construction's Eli Weiss (right) (Credit: Google Maps)
Maddd Equities, Joy Construction score $64M for massive Bronx project
Maddd Equities, Joy Construction score $64M for massive Bronx project
BLDG Management founder Lloyd Goldman (iStock)
BLDG plans 800K-sf tower in Long Island City
BLDG plans 800K-sf tower in Long Island City
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
The Roger New York hotel at 131 Madison Avenue, Larry Korman of AKA Hotel Residences and Joe Lubeck of Electra America (Google Maps, Getty, Electra)
Electra America JV nabs Roger hotel for $71M discount
Electra America JV nabs Roger hotel for $71M discount
Gary Barnett and Jay and Stuart Podolsky in front of 1645 First Avenue (Getty, Google Maps)
Gary Barnett site has one problem: the Podolsky brothers
Gary Barnett site has one problem: the Podolsky brothers
Oceanwide’s US business is sinking. Can it right the ship?
Oceanwide’s US business is sinking. Can it right the ship?
Oceanwide’s US business is sinking. Can it right the ship?
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...