News

Construction on Bronx Point and the Universal Hip Hop Museum is progressing, as documented by Construction Equipment Guide. The article features construction photos and interviews with city officials and developer L+M Development Partners:

“Bronx Point represents a transformative mixed-use waterfront development of approximately 530,000 square feet that will bring 542 units of permanently affordable housing, interactive and educational community facilities, dynamic retail spaces and engaging new open space adjoining the Harlem River waterfront in the South Bronx,” said Bernadette Amarosa, L&M Development Partners construction project manager. “UHHM will be an anchor that will attract global supporters of hip hop history and culture.”

The Far Rockaway Village and Archer Green affordable housing developments each earned a spot on Multi-Housing News’ “Top 5 Affordable Housing Projects Under Construction in NYC” list. The list is based on the size of affordable housing developments under construction throughout New York City, based on data from Yardi Matrix. Far Rockaway Village is on track completion in Q1 2022 and Archer Green is expected to be completed by the end of this year.

Construction has started on Atrium at Sumner, an affordable housing development sited on the Sumner Houses campus in the Bedford-Stuyvesant neighborhood of Brooklyn. Occupying a formerly vacant lot, the completed Atrium at Sumner will provide 190 apartments, 57 of which will be reserved for homeless senior citizens. The remaining units will be rented to individuals and households earning at or below 50% of the area median income (AMI). In addition to the indoor garden housed in the namesake central atrium, the building will also include a social services suite, exercise room, community garden, and 7,500 square feet of community space. You can read more about the Atrium at Sumner in YIMBY.

In the New York Times article “A Rebirth in the Bronx: Is This How to Save Public Housing?” author Michael Kimmelman compares two affordable housing developments in the Bronx – Edelman Houses and Baychester Houses – to highlight the differences that thoughtful community redevelopment can make. “Side by side, the two projects make a textbook before-and-after comparison, one derelict [Edelman], the other refurbished [Baychester],” writes Kimmelman.

Redeveloped by L+M Development Partners with Camber Property Group, MBD Community Housing Corporation, and property owner NYCHA, Baychester Houses features new common areas, apartment upgrades like new fixtures and appliances, a farmers market, and increased security – all without changing the affordability of the apartments.