Starhill Phase 1 I Bronx, NY
Starhill Phase 1 I Bronx, NY
Longfellow Union | Bronx, NY
Longfellow Union | Bronx, NY
2017 Grand Concourse | Bronx, NY
2017 Grand Concourse | Bronx, NY
Melrose North | Bronx, NY
Melrose North | Bronx, NY
1080 Washington Avenue | Bronx, NY
1080 Washington Avenue | Bronx, NY
1769 Jerome Ave. I Bronx, NY
1769 Jerome Ave. I Bronx, NY
4697 Third Ave. | Bronx, NY
4697 Third Ave. | Bronx, NY
2126 Mapes Ave. | Bronx, NY
2126 Mapes Ave. | Bronx, NY
Central Harlem Cluster | Manhattan, NY
Central Harlem Cluster | Manhattan, NY
BPG Properties 1 | Bronx, NY
BPG Properties 1 | Bronx, NY
Nohona Hale | Honolulu, HI
Nohona Hale | Honolulu, HI
1017 Home Street | Bronx, NY
1017 Home Street | Bronx, NY
3365 Third Ave. | Bronx, NY
3365 Third Ave. | Bronx, NY
2264 Morris Ave. | Bronx, NY
2264 Morris Ave. | Bronx, NY
1641 Andrews Ave. | Bronx, NY
1641 Andrews Ave. | Bronx, NY
G & M Properties Phase 2 | Bronx, NY
G & M Properties Phase 2 | Bronx, NY
G & M Properties Phase 1 | Bronx, NY
G & M Properties Phase 1 | Bronx, NY
3361 Third Ave. | Bronx, NY
3361 Third Ave. | Bronx, NY
1070 Washington Ave. | Bronx, NY
1070 Washington Ave. | Bronx, NY
Davidson Ave. Cluster | Bronx, NY
Davidson Ave. Cluster | Bronx, NY
850 Jennings Street | Bronx, NY
850 Jennings Street | Bronx, NY
1085 Washington Ave. | Bronx, NY
1085 Washington Ave. | Bronx, NY
1068 Gerard Ave. | Bronx, NY
1068 Gerard Ave. | Bronx, NY
New Foundations I Bronx, NY
New Foundations I Bronx, NY
University Macombs Apartments (3 Phases) | Bronx, NY
University Macombs Apartments (3 Phases) | Bronx, NY
TPT X Morris
TPT X Morris
Starhill Phase 2
Starhill Phase 2
1479 Macombs Road I Bronx, NY
1479 Macombs Road I Bronx, NY
Starhill Phase 1 I Bronx, NY
Starhill Phase 1 I Bronx, NYServices for the UnderServed Inc. (S:US) and Bronx Pro Group are partnering on an exciting redevelopment of an underutilized site located at 1600 Macombs Road in the Morris Heights section of the Bronx. The site is approximately 2 acres (65,000 feet) and it was occupied by a former hospital operated by S:US as a residential treatment center. The proposed development utilizes the new R8-A zoning allowed by the Jerome Corridor Rezoning to create a mixed use and mixed income campus to be developed in two phases with two buildings containing 570 new units of supportive and affordable housing connected by a one-story shared amenities bridge where common spaces and social service offices can be shared. The campus also includes 11,500 sf of publicly accessible open space, a rear yard and a passive recreation area for residents located on the second-floor terrace. Phase I closed on construction financing in June 2022 and is 53% complete as of November 2023. The building is 253,00 sf with 326 units of supportive and affordable housing. The project serves a range of households with income between 30% and 80% AMI and includes 200 supportive housing units with service and operating funding through ESSHI. The development is financed through HCR’s Supportive Housing Opportunity Program (SHOP), HFA tax exempt bond financing, HPD’s Supportive Housing Loan Program (SHLP), HFA tax-exempt bonds, 4% Low Income Housing Tax Credits and Reso A funds. Total development cost is estimated to be $190 million.
Longfellow Union | Bronx, NY
Longfellow Union | Bronx, NYIn May 2018, Bronx Pro Group and Avant Development were selected to develop 4 distressed properties in the Bronx (774 Union Ave, 993-995 Union Ave & 1042 Longfellow Ave) through HPD’s Affordable Neighborhood Cooperative Program (ANCP) as low equity HDFC cooperatives. The properties are currently owned by Restoring Communities and were formally managed by HPD’s Tenant Interim Lease (TIL) Program. In an effort to ensure long term stability for prospective cooperative shareholders, Long Union Developers LLC is substantially rehabbing where all units will be fully rebuilt, including new kitchens and baths, plumbing, roofs, upgraded electrical, energy efficient windows, and new intercom/electronic key card access systems. To save energy, the interior of all exterior walls will be insulated to current code requirements and boiler plants will be replaced with high efficiency boilers paired with zoned hydronic baseboard heating systems. All exterior facades will be repaired, pointed and cleaned. Existing lobbies, public hallways and rear yards will be upgraded. The project has been designed to achieve certification under HPD’s 2016 Enterprise Green Communities Overlay. The project is financed via a CPC bank loan, HPD capital & an AHC grant. Total development cost is $32.8 million.
2017 Grand Concourse | Bronx, NY
2017 Grand Concourse | Bronx, NYAs part of the city of New York’s Third-Party Transfer Program, Bronx Pro Group was awarded 2017 Grand Concourse in the Mt. Hope neighborhood of The Bronx. Redevelopment of this underutilized site - currently a vacant three-story building - will bring approximately 34 units of studio, one and two-bedroom apartments to a neighborhood in great need of modern, affordable housing. The formerly city-owned, small and difficult to develop site will be improved by a sleek ten story, responsive to the unique context of the Grand Concourse. The proposed development utilizes AIRS zoning to create an age-diverse, mixed income residential tower. Complete with resident gym, 2017 Grand Concourse will be built using Passive House technologies and will reach Enterprise Green Community certification.
Melrose North | Bronx, NY
Melrose North | Bronx, NYAwarded to Bronx Pro and Services for the UnderServed (S:US) through a NYCHA RFP, Melrose North is located at 341 E162st in the Melrose section of the Bronx. The new 11-story project is 154,213 sf with 171 new supportive and affordable housing units, a new trash compactor for NYCHA, a community facility space and a new accessible ramp for the adjacent Metro North station. The project serves households earning up to 50%, 60%, and 80% of AMI along with 103 units for supportive housing for the chronically homeless and survivors of domestic violence. The community facility space is leased to the DreamYard Project to be an arts education center where Bronx youth will learn professional development, design, and marketing for the burgeoning gaming industry. Melrose North is designed and constructed to a Passive House standard that will significantly reduce the development's environmental impact as well as ensure the project’s long-term financial stability. Common area amenities include community and computer rooms, outdoor gym, laundry, play area, community garden, and 11th floor sun terrace. The building has 24-hour security and social service offices on the ground-floor of the building. The project is financed through HDC tax exempt bonds and subsidy, HPD’s Supportive Housing Loan Program, tax credit equity, and a grant from the Federal Home Loan Bank of New York. Supportive housing units are funded through a combination of NYC 15/15 HRA subsidy and ESSHI award. The ESSHI funding provides rental subsidy and social services dollars for victims of domestic violence. The total development cost is $91.8 million.
1080 Washington Avenue | Bronx, NY
1080 Washington Avenue | Bronx, NYIn December 2017, Bronx Pro acquired the property at 1074-1080 Washington Avenue in the Morrisania section of the Bronx, NY in partnership with The United Methodist City Society. The development transformed the site from a vacant church in serious disrepair into a 12-story building with 154 units of senior affordable housing including 5,700 square feet of first floor community facility space. All residential units house seniors aged 62 and over with incomes up to 60% of the area median income. The project has a set-aside for 57 homeless, formally incarcerated seniors who will receive onsite socials services from The Fortune Society. Fortune will also be the leaseholder to the ground floor space and provide services to justice involved individuals from the broader community. The building design is distinctive to the site, its history, and the local community. Pursuant to a New York State Historic Preservation Office approved Salvage Plan, the new building incorporates original church artifacts throughout the building public spaces including restored stained-glass windows, wooden arches, and original pew benches from the 1868 church. Residential amenities include onsite laundry, social service offices, a tenant exercise room, a sunroom being used as a greenhouse to foster hydroponic plantings, an outdoor residential garden, and bike storage. The building is sustainable and resilient incorporating Solar Panels, Green Roofs and on demand hot water heating system. The project is financed through HFA 4% Bond Financing, HFA Subsidy, HPD Capital, Low Income Housing Tax Credit (LIHTC) equity with services funded by the Empire State Supportive Housing (ESSHI) Initiative and NYC’s 15/15 Supportive Housing Initiative. The project competed construction in October 2021 and the total development cost is $83 million.
1769 Jerome Ave. I Bronx, NY
1769 Jerome Ave. I Bronx, NYBronx Pro partnered with Services for the Underserved for the redevelopment of Jerome Court. Located on the Jerome Avenue Corridor,1769 Jerome Avenue utilizes new R8-A zoning to create a 16-story, mixed use building, approximately 144,000 sf inclusive of 7,000 sf of new retail space. The project includes 175 total residential apartments with 105 supportive housing units, 69 affordable housing units and 1 superintendent’s unit. The project serves households earning between 30% and 80% of area median income. The supportive units house formerly homeless households with mental health or substance abuse illnesses. Building amenities include 24-houe security, social services spaces, laundry room, fitness room as well as open space on the second-floor terrace. The building design is energy efficient and the new commercial tenancy activates the streetscape for pedestrians. The project also improves landscaping on the 176th Street step street connecting Davidson & Jerome Avenue. In 2022, Jerome Court was recognized by Citizens Housing and Planning Council for its Impact Award for Community Investment.The project is financed through HPD’s Supportive Housing Loan Program, HDC tax-exempt bonds and subsidy, 4% Low Income Housing Tax Credits as well as a grant loaned from Enterprise Community Partners. Construction was completed in May 2022 and the total development cost was $101 million.
4697 Third Ave. | Bronx, NY
4697 Third Ave. | Bronx, NYAwarded to Bronx Pro through an HPD RFP, 4697 Third Avenue is a formally city-owned site developed into a sustainable mixed-use, mixed-income housing community. The building is 8-stories with 53 affordable apartments and 6,267 SF of retail space. Rents and incomes are restricted to households earning between 30% to 80% of the area median income. The building also includes a set aside for formerly homeless households. Building amenities include a large terrace with a playground, an indoor gym, bike room and on-site laundry. The building is Passive House certified and received honorable mention in the 2022 PHUIS Design Competition. The project is financed under HPD's ELLA program, NYSHCR 9% Low Income Housing Tax Credit (LIHTC) equity, Middle Income Housing Program funds (MIHP), Community Investment Fund loan (CIF), and Project Based Section 8 vouchers. Construction was completed in April 2022 and the total development cost was $34 million.
2126 Mapes Ave. | Bronx, NY
2126 Mapes Ave. | Bronx, NYThe site is located at the corner of East 181st (3111-35) in the Belmont section of the Bronx, NY. 2126 Mapes is R7-1 zoning. The lot area is 7,131 square feet formally owned by Neighborhood Restore. The project is financed under HPD New Construction Program (NCP), a Private- Bank Loan, and Low-Income Housing Tax Credit (LIHTC) Equity. The 6-story building contains 30 apartments. The rents and incomes are restricted to a maximum of 80% of AMI. The project was designed and constructed to the rigorous Passive House standard that will significantly reduce the development’s environmental impact. The building activates healthy living conditions through active design, quality indoor air systems and building uses that feature fitness and exercise elements that meet Enterprise Green Community standards. The project completed construction in January 2021and the total development cost was $18 million.
Central Harlem Cluster | Manhattan, NY
Central Harlem Cluster | Manhattan, NYBronx Pro and Precise Management formed a joint venture to substantially renovate 6 buildings with 125 units of housing located in Harlem. Three of the buildings were owned by The New York City Housing Preservation and Development (“HPD”) and the other two of the buildings were owned by the non-profit Neighborhood Restore. The building renovation scope is sustainable and includes the upgrade of all major building systems plus new kitchens and bathrooms. The properties were renovated in 2 Phases and completing in 2021. The project is financed through 9% low-income housing tax credits and HPD subsidy through their PLP Program. The Total Development Cost was $37.5 million.
BPG Properties 1 | Bronx, NY
BPG Properties 1 | Bronx, NYIn 2020, Bronx Pro completed a 301-unit, Year 15 renovation for the company’s first two tax credit projects, University Avenue LP (UALP) and 168th Street Development LP (168th), developed through HPD’s Neighborhood Entrepreneurship Program. Though both clusters were gut renovated in the early 2000s, Bronx Pro took the reposition as an opportunity to add sustainability and resiliency to the cluster for the long term. The proposed renovation met the pressing capital needs of the portfolio as well as improved the building envelope with new roofs, UPVC windows installed with air/vapor barriers and 1” of rigid foam over existing walls. LED lighting and Energy Star rated appliances were installed in apartments and the toilets were replaced with HET or better models. New condensing boiler plants and air to water heat pumps with HEATSWITCH controls were added to larger properties. At 1109 Clay Avenue and 30 Buchanan retrofit heating terminal units with high output hydronic baseboard and room by room thermostatic controls were installed. Solar PV was also added to 30 Buchanan. The total development cost for the project was $38.60 million.
Nohona Hale | Honolulu, HI
Nohona Hale | Honolulu, HINohona Hale was conceived in response to the Hawaii Community Development Authority’s RFP for development on a state-owned land parcel at 630 Cooke Street in the Kaka’ako Community Development District. Nohona Hale will provide 111 energy efficient micro-units on a 10,540 square foot lot, targeting individuals whose incomes are 30% or 60% AMI. It is a fourteen-story residential tower atop a two-level podium structure (sixteen floors in total) which contains common and recreation areas, offices, and a street-front commercial space. Other amenities will include a central laundry room and common area storage for bicycles and surfboards along with multiple community spaces allowing for meaningful interaction between neighbors and guests. The project is financed with tax exempt bond financing, Rental Housing Revolving Funds, tax credit and developer equity. The Total Development Cost was $52.8 Million.
1017 Home Street | Bronx, NY
1017 Home Street | Bronx, NYBronx Pro’s first senior housing deal is located in the Foxhurst section of the Bronx, NY. The development transforms an unused church into an 8 story, 64 unit, newly constructed senior housing project featuring 3,003 square feet of first floor community facility space. The project is financed through the New York City Senior Affordable Rental Apartments (SARA) Program, 9% Low Income Housing Tax Credit (LIHTC) equity and a bank loan. The project is design and being constructed to meets LEED Gold standard. Residential amenities include a lounge, gym, bike room, roof terrace, tenant storage and on-site laundry. The Total Development Cost is $35.9 million.
3365 Third Ave. | Bronx, NY
3365 Third Ave. | Bronx, NYBronx Pro’s fourth project built in the Morrisania community is a thirty-unit residential building serving households earning between 40 and 100% of AMI. The building also includes 9,586 SF of community facility built for a new day care center. The project is financed through the New York City Neighborhood Construction Program, 9% Low Income Housing Tax Credit (LIHTC) equity and a bank loan. The project is designed and constructed in the Passive House Standard. The Total Development Cost was $22.7 million.
2264 Morris Ave. | Bronx, NY
2264 Morris Ave. | Bronx, NYPrivately acquired through financing from the Corporation of Supportive Housing, 2264 Morris is the new construction of a vacant lot located in the Fordham Heights neighborhood of the Bronx. The eleven story, 94-unit property contains a mix of low income, moderate income and supportive housing. The project is designed to a LEED Gold certification and participated in a pilot program for WELL certification. The financing includes New York State Housing Finance Agency Tax Exempt Bonds, a loan from the New York City Housing Preservation Development, Low Income Housing Tax Credits, New York State Medicaid Reform Team (MRT) funding and New York State Office of Mental Health funding. Total Development Cost: $47.1 million.
1641 Andrews Ave. | Bronx, NY
1641 Andrews Ave. | Bronx, NYAwarded to Bronx Pro through the Third-Party Transfer program, 1641 Andrews included substantial renovation of 60 units of housing in Morris Heights. The project renovation scope included new kitchens and bathrooms, all building systems upgrades and energy efficient fixtures and equipment. The project is financed by a private construction loan from CPC, HPD’s PLP program and permanent loan from Freddie Mac. The total development cost was $9 MM.
G & M Properties Phase 2 | Bronx, NY
G & M Properties Phase 2 | Bronx, NYThis project entails the substantial rehabilitation of 181 units in 5 buildings throughout the Bronx. The project is being completed in partnership with the original owner Anthony Gazivoda. The project was financed with 9% Low Income Housing Tax Credits issued by HPD as well as HPD financing through the PLP program, a construction and a permanent loan from JP Morgan Chase.  Enterprise Community Investments is the tax credit syndicator. The Total Development Cost was $42 MM.
G & M Properties Phase 1 | Bronx, NY
G & M Properties Phase 1 | Bronx, NYIn July 2013, Bronx Pro entered into a contract to preserve 10 multifamily properties (449 units) in partnership with the original owner. HPD provided financing on the project’s first phase through its PLP program with JP Morgan Chase acting as the private lender plus developer equity. The second phase is financed with 9% Low Income Housing Tax Credits issued by HPD as well as subsidy financing through the PLP program and a private permanent loan provided by Enterprise Community Partners. The Total Development Cost was $86.3 MM.
3361 Third Ave. | Bronx, NY
3361 Third Ave. | Bronx, NYLocated at 3361 Third Avenue in the Morrisania section of the Bronx, NY, the project consists of sixty-three (63) units including thirty-eight (38) supportive housing units set aside for persons in need of supportive housing. The building meets Enterprise’s Green Communities Criteria and a LEED Silver certification. The project was the first Bronx Pro development to be constructed using prefabricated modular construction provided by Capsys. The project was financed utilizing the inaugural allocation of New York State’s Medicaid Reform Team (MRT) funding along with HFA tax exempt bonds, low income housing tax credit equity and HPD subsidy provided by the supporting housing loan program. The project was completed in July 2015. The Total Development Cost was $21MM.
1070 Washington Ave. | Bronx, NY
1070 Washington Ave. | Bronx, NYIn April 2012, Bronx Pro began new construction on a new LEED Gold project in the Morrisania section of the Bronx. The project was financed through a combination of federal Low Income Housing Tax Credits (LIHTC), conventional bank financing, New York City HOME Funds, Bronx Borough President’s capital dollars and construction and operating financing from the New York City Housing Authority (NYCHA) through its Replacement Housing Factor (“RHF”) capital fund. Ten of the rental units will be set aside for persons in need of supportive housing, targeting NYNY III. The Total Development Cost was $22.1 million.
Davidson Ave. Cluster | Bronx, NY
Davidson Ave. Cluster | Bronx, NYIn mid-2011, Bronx Pro was awarded and began managing 6 distressed properties through HPD’s TPT Program. The cluster included 185 units along Davidson and Monroe Avenues in the West Bronx. The project is financed by HPD’s PLP program with a NYCERS permanent mortgage and developer equity. The project completed construction in March 2012. The Total Development Cost was $25.1 million.
850 Jennings Street | Bronx, NY
850 Jennings Street | Bronx, NYAwarded through the HPD Cornerstone Program, Bronx Pro’s first moderate income new construction project. Residence includes 103 apartment units and it received a LEED Gold certification. The building also includes a community facility designed for early development day care services. Construction closing took place in June 2009 and the project completed construction in April 2011. The project is financed by HDC bond finance and HPD subsidy. The Total Development Cost was $25.2 million.
1085 Washington Ave. | Bronx, NY
1085 Washington Ave. | Bronx, NYPrivately acquired, 1085 Washington was a vacant site with newly constructed 90-unit apartment building utilizing HDC tax exempt bonds, MIRP and tax credit equity. The project also includes 10,000 sf commercial space that is home to the DreamYard Project’s art center. The project completed construction in February 2009. The project also received NYSERDA’s Energy Start rating and green amenities include solar thermal panels and an 1,850 square foot green roof. The Total Development Cost was $27 million.
1068 Gerard Ave. | Bronx, NY
1068 Gerard Ave. | Bronx, NYPrivately acquired site, 1068 Gerard project is the new construction of 100% low income, 82-unit apartment building utilizing tax-exempt bonds issued by the NYC Housing Development Corporation and HPD’s Mixed Income Rental Program (MIRP). The building also includes community facility space on the ground floor for a senior services program. Project construction was completed in December 2007. The Total Development Cost was $23.1 million.
New Foundations I Bronx, NY
New Foundations I Bronx, NYThe new construction of 43 for sale homes on Daly, Vyse, Tinton, Honeywell, Valentine Avenues and Phelan Place in the Bronx. Construction started in December of 2002 and the project was developed in multiple stages. Phase 1 was completed in June 2005, Phase 2 in November 2007, and the last phase (consisting of four houses) were completed in November 2008. The Total Development Cost was $12.4 million.
University Macombs Apartments (3 Phases) | Bronx, NY
University Macombs Apartments (3 Phases) | Bronx, NYBronx Pro was awarded and developed 12 former NYCHA properties and 1 new construction building totaling 494 units. Project phases 1 & 2 utilized tax-exempt bonds issued by the NYC Housing Development Corporation, and federal Low- Income Housing Tax Credit equity. Phase 3 of the project was financed with HDC recycled bond financing plus developer equity. The project’s substantial renovation included new buildings systems and upgraded apartments. The green scope included energy efficient fixtures and equipment and a solar thermal installation named by New York Solar Energy Industries Association as the best project of the year in 2011. Construction was completed in January 2011. The Total Development Cost was $73.4 million.
TPT X Morris
TPT X MorrisIn September 2018, Bronx Pro Group was awarded management of 3 distressed properties in Morris Heights via NYC’s Third-Party Transfer program. A substantial rehabilitation of properties is under construction, including new kitchens, baths, plumbing, roofs, and electrical upgrades across each of the buildings. The project is financed via HPD Subsidy Programs and 9% Low Income Housing Tax Credit Equity. Total development cost is $32.11 million, and the project targets a December 2023 closing date.
Starhill Phase 2
Starhill Phase 2Services for the UnderServed Inc. (S:US) and Bronx Pro Group are partnering on an exciting redevelopment of an underutilized site located at 1600 Macombs Road in the Morris Heights section of the Bronx. The site is approximately .7 acres (31,000 feet) and was occupied by a former hospital operated by S:US as a residential treatment center. The proposed development utilizes the new R8-A zoning allowed by the Jerome Corridor Rezoning to create a mixed-use and mixed income campus to be developed in two phases with two buildings containing 570 new units of supportive and affordable housing connected by a one-story shared amenities bridge where common spaces and social service offices can be shared. The campus also includes 11,500 sf of publicly accessible open space, a rear yard and a passive recreation area for residents located on the second-floor terrace. Phase II will be 219,560 sf with 244 units, of which 169 will be affordable to residents earning between 30%-80% AMI and 74 will be supportive housing units for single adults funded by a NYC 15/15 contract. One unit will be reserved for the superintendent. The building will include approximately 8,000 square feet of community facility space. Phases I and II will share amenities spaces and social service offices to maximize the project’s efficiency. Phase II will be financed through HPD and HDC’s ELLA Term Sheet in June 2024. The total development cost is estimated to be $172 million.
1479 Macombs Road I Bronx, NY
1479 Macombs Road I Bronx, NYIn December 2012, the company acquired a privately owned 6-story elevator building with 72 occupied apartments located at 1479 Macombs Road at Cromwell Avenue in the Tremont neighborhood of the Bronx. The property was severely distressed requiring extensive beam and joist replacement in addition to the comprehensive renovation program with new kitchen and bathrooms and new building systems. The team restored the property’s decorative brick façade to its original 1929 appearance. The project is financed through HPD’s PLP program, a NYCERS permanent mortgage and developer equity. The project was completed in May 2015. The Total Development Cost was $14MM.
info
prev / next