Story Avenue East & West
1520 & 1530 Story Avenue, Bronx, NY 10473
Property Type:
Number of Units:
212 and 223
Property Size:
Each building is 240,000 SF
Completion Year:
2019
Architect(s):
Curtis+Ginsberg Architects
1520 and 1530 Story Avenue is a mixed-use project developed by affiliates of Nelson Management Group and L+M Development Partners in the Soundview neighborhood of the Bronx. Located on the northern end of the existing Lafayette-Boynton residential complex, which contains four former Mitchell-Lama towers, the project efficiently reconfigured the existing parking infrastructure and landscaping to create two 240,000 SF buildings. 1520 & 1530 Story Avenue have 223 and 212 affordable units respectively, and a combined 15,000 SF of community facility space occupied by an early childhood education provider. Half of the units at the Story Avenue buildings are affordable to low-income households between 30% and 60% of AMI and the other half are affordable to moderate income households at 80% to 95% of AMI. Numerous improvements were made for the benefit of both new and existing residents, including a fitness center, children’s playground, outdoor fitness area, and central greenways with seating and walking paths for residents of all ages.
Award
2020 NYHC Community Impact Award
The Carolina and Story Avenue are recognized for their community impact by the New York Housing Conference.
Story Avenue East & West
1520 & 1530 Story Avenue, Bronx, NY 10473
News
Story Avenue Development Brings 435 Affordable Housing Units to the Bronx
The two buildings located at 1520 and 1530 Story Avenue officially opened their doors with a ribbon cutting ceremony.
Read MoreNYC Council Member Salamanca and NYS Assembly Member Crespo Join L+M Development Partners and Nelson Management Group to Open Story Avenue
The new buildings located at 1520 and 1530 Story Avenue bring 435 affordable units to the Soundview neighborhood.
Read MoreStory Avenue East & West Open in the Bronx
WatchHousing Lottery Launches for New South Bronx Rental
Story Avenue West is comprised of 223 mixed-income units and offers several amenities including proximity to 205 acres of green space.
Read MoreLottery Launches for New South Bronx Rental
The building at 1530 Story Avenue has 211 affordable apartments and features a mix of studios through three-bedrooms.
Read MoreLocal Hiring in Construction: A Bronx Story
A Soundview native is helping her fellow community members get jobs at L+M's Story Avenue project.
Read MoreL+M in the Community
L+M Development Partners is a double bottom line company, where its success is measured not only in financial returns but also by the positive impact it makes. Watch the video to learn more.
Watch