Williamsbridge Gardens brings 170 affordable homes to Northeast Bronx with on-site supportive services available for 85 formerly homeless households.
The $416 million Inwood development will feature all-electric heating and cooling and other sustainable features that advance the state’s climate goals as well as offer free broadband internet to residents.
National affordable and mixed-income housing leader names Spencer Orkus President of Development and Amy Cordone Chief Operating Officer. L+M’s management subsidiary, C+C Apartment Management, names Nikki Wernick Executive Vice President.
The Passive House, geothermal, and solar project will increase energy efficiency and reduce energy costs for residents and incorporates resiliency measures to prevent flooding and storm damage.
The initial phase will create 576 affordable homes, a new 15,000 SF outpatient medical clinic and 7,000 SF of ground retail space.
The 297-unit affordable apartment complex will undergo an extensive $25 million renovation.
The funding will support reopening historic neighborhood streets, public green space and new mixed-income housing and retail.
The new Anderson Plaza provides a retail corridor, seating options, refreshed landscaping, and a café for the community to enjoy.
The theatre’s new home is being developed in partnership with LMXD and RAY, and will include 222 units of mixed-income apartments and commercial space along 125th Street.
Developers will rehabilitate the nine properties while preserving affordability.