Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Two years ago, ‘Fordham Landing’ was proposed as a massive redevelopment of the Harlem River Waterfront in The Bronx directly south of the University Heights Bridge at Fordham Road that would bring thousands of residential units to the area.
Now, the developer has filed plans for the first building in the development which would rise 17 stories at 320 W Fordham Road at the foot of the University Heights Bridge with 602 residential units spread across 582,122 square feet.
The proposed development would spread across 30 acres on the Harlem River Waterfront and include half a million square feet of office space and 100,000 square feet of community space according to Crain’s.
Construction is expected to begin in late 2022 with an estimated completion time around 2024-2025 for the first building. 30% of the 602 units will be set aside as “affordable” meaning that this development will be market rate and not targeted at the local, existing population in the surrounding area.
With a $2 billion price tag, Fordham Landing will dwarf the South Bronx’s Bankside which is currently the borough’s most expensive development costing just shy of $1 billion. That development, which is almost halfway complete, will bring 1,350 units of luxury housing to the South Bronx Waterfront at the foot of the Third Avenue Bridge.
From their website, "Of the roughly 2,400 units that are proposed for this development, 30% would be set aside as affordable housing or roughly 720 units."
From their website, "Of the roughly 2,400 units that are proposed for this development, 30% would be set aside as affordable housing or roughly 720 units."
Well they will have a hard time filling it up with market rate
Well they will have a hard time filling it up with market rate
With the rise of remote work and the death of offices, I'm not sure who is going to be paying top dollar to live in the Bronx while subsidizing apartments for other people at below-market rates.
With the rise of remote work and the death of offices, I'm not sure who is going to be paying top dollar to live in the Bronx while subsidizing apartments for other people at below-market rates.
Especially in an area that offers nothing, no near by train, and isn't close to prime Manhattan.
There is, but it's not an ideal location. I wouldn't live there. It's very hilly. Lots of grease spoon stores. You can live in other areas of the City that offer a far better quality of life such as in Riverdale.
There is, but it's not an ideal location. I wouldn't live there. It's very hilly. Lots of grease spoon stores. You can live in other areas of the City that offer a far better quality of life such as in Riverdale.
Riverdale's not hilly? Weird that you would point that out as a negative seeing that Riverdale is hilly as well.
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
