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New York

Stagg Group files plans for 163-unit Bronx resi project

Developer bought lot at 150 Van Cortlandt Avenue East in 2015

From left: <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/150-Van-Cortlandt-Avenue-East-Bronx-NY-10458/2033130018-0" target="_blank" data-address="150%20Van%20Cortlandt%20Avenue%20East%2C%20Bronx" data-label="150%20Van%20Cortlandt%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%2F2033130018-0" data-bbl="2033130018" data-blockValue="03313" data-lotValue="0018" data-zipcode="10458" data-bldgArea="2%2C250" data-bldgDepth="75" data-bldgFront="30" data-landUse="Parking%20facilities" data-lotArea="26%2C867" data-lotFront="190.67" data-lotDepth="100" data-retailArea="0" data-resArea="0" data-officeArea="0" data-garageArea="2%2C250" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="U7" data-primaryZoning="R8" data-commercialOverlay="" data-far="6.02" data-buildable="161%2C739" data-airRights="159%2C589" data-propertyNeighborhood="Bedford%20Park" data-latitude="40.8767504987318" data-longitude="-73.8845380419599" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%5C%2F2033130018-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%5C%2F2033130018-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">150 Van Cortlandt Avenue</a> East (credit: Cushman &amp; Wakefield) and Mark Stagg

From left: 150 Van Cortlandt Avenue East (credit: Cushman & Wakefield) and Mark Stagg

The Stagg Group filed plans Monday for a 163-unit apartment building at 150 Van Cortlandt Avenue East in the Bronx.

The 13-story building will span just over 134,000 square feet, including more than 5,000 square feet of community space in the basement. Marin Architects is the architect of record.

The Westchester-based development firm had bought the lot in the Bronx’ Bedford Park section for $7.1 million in March 2015, with $7.5 million in financing from an unnamed private lender. An executive at the firm did not immediately respond to an email seeking comment.

Stagg [TRDataCustom] is one of the Bronx’ most active developers, coming in fifth in TRD’s September 2015 ranking. Last year, it filed plans for a 116-apartment building in the Norwood neighborhood.

The Bronx has seen an uptick in residential construction activity in recent years, with developers betting the borough will attract a growing number of New Yorkers priced out of Manhattan or Brooklyn.

Tags
The Bronx

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New York

Stagg Group files plans for 163-unit Bronx resi project

Developer bought lot at 150 Van Cortlandt Avenue East in 2015

From left: <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/150-Van-Cortlandt-Avenue-East-Bronx-NY-10458/2033130018-0" target="_blank" data-address="150%20Van%20Cortlandt%20Avenue%20East%2C%20Bronx" data-label="150%20Van%20Cortlandt%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%2F2033130018-0" data-bbl="2033130018" data-blockValue="03313" data-lotValue="0018" data-zipcode="10458" data-bldgArea="2%2C250" data-bldgDepth="75" data-bldgFront="30" data-landUse="Parking%20facilities" data-lotArea="26%2C867" data-lotFront="190.67" data-lotDepth="100" data-retailArea="0" data-resArea="0" data-officeArea="0" data-garageArea="2%2C250" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="U7" data-primaryZoning="R8" data-commercialOverlay="" data-far="6.02" data-buildable="161%2C739" data-airRights="159%2C589" data-propertyNeighborhood="Bedford%20Park" data-latitude="40.8767504987318" data-longitude="-73.8845380419599" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%5C%2F2033130018-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F150-Van-Cortlandt-Avenue-East-Bronx-NY-10458%5C%2F2033130018-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">150 Van Cortlandt Avenue</a> East (credit: Cushman &amp; Wakefield) and Mark Stagg

From left: 150 Van Cortlandt Avenue East (credit: Cushman & Wakefield) and Mark Stagg

The Stagg Group filed plans Monday for a 163-unit apartment building at 150 Van Cortlandt Avenue East in the Bronx.

The 13-story building will span just over 134,000 square feet, including more than 5,000 square feet of community space in the basement. Marin Architects is the architect of record.

The Westchester-based development firm had bought the lot in the Bronx’ Bedford Park section for $7.1 million in March 2015, with $7.5 million in financing from an unnamed private lender. An executive at the firm did not immediately respond to an email seeking comment.

Stagg [TRDataCustom] is one of the Bronx’ most active developers, coming in fifth in TRD’s September 2015 ranking. Last year, it filed plans for a 116-apartment building in the Norwood neighborhood.

The Bronx has seen an uptick in residential construction activity in recent years, with developers betting the borough will attract a growing number of New Yorkers priced out of Manhattan or Brooklyn.

Tags
The Bronx