Story Avenue East & West

1520 & 1530 Story Avenue, Bronx, NY 10473

Property Type:

Affordable, Commercial

Number of Units:

212 and 223

Property Size:

Each building is 240,000 SF

Completion Year:



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.


2020 NYHC Community Impact Award

The Carolina and Story Avenue are recognized for their community impact by the New York Housing Conference.


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.

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NYC 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.

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Story Avenue East & West Open in the Bronx


Housing 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.

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Lottery 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.

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Local Hiring in Construction: A Bronx Story

A Soundview native is helping her fellow community members get jobs at L+M's Story Avenue project.

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L+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.