27-story Bronx tower will include retail, 200 apartment units

A new CetraRuddy-designed tower has broken ground in the South Bronx at 2413 3rd Avenue.

The 27-story, 145,643-sf community will feature 200 rental units, 60 of which will be set aside as affordable for middle-income households, and help activate the growing waterfront area with new housing options and retail services. The design takes inspiration from the surrounding content of the South Bronx, with the movement of the building volumes creating sculptural reference to Mott Haven as the birthplace of hip hop.

2413 3rd avenue rendering

Highlights of the building include an extensive integrated art program and a focus on incorporating nature through indoor/outdoor connections and a series of landscaped outdoor amenity spaces. Other design and program elements include open-concept cafe and gallery space on the ground floor, a fitness center, a gaming space, rooftop grilling, flexible common spaces, 81 on-site enclosed parking spaces and electric vehicle charging stations, 721 sf of retail space, and stainless steel appliances, white oak flooring, matte black iron fixtures, and subway tiling in every apartment.

The tower is centrally located within walking distance of the 4/5/6 transit lines and one block from the Major Deegan Expressway. RXR is the project’s developer. The project is slated for completion in 2023.

Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.

The Shipyard Condos

Multifamily Housing | May 19, 2023

Biden administration beefs up energy efficiency standards on new federally funded housing

The Biden Administration recently moved to require more stringent energy efficiency standards on federally funded housing projects. Developers building homes with taxpayer funds will have to construct to the International Energy Conservation Code (IECC) 2021 for low-density housing and American Society of Heating, Refrigerating and Air-Conditioning Engineers ASHRAE 90.1 for multi-family projects.

Shear Wall Selection for Wood-Framed Buildings

From wall bracing to FTAO, there are many ways to secure the walls of a building. Learn how to evaluate which method is best for a project.

A woman uses her iPhone to access the elevator and her apartment door.

The Key To Multifamily Access Control — Consistent Resident Experiences

Explore the challenges of multifamily access control and discover the key to consistent user experiences with a resident-first approach and open platforms.

Affordable Housing | May 17, 2023

Affordable housing advocates push for community-owned homes over investment properties

Panelists participating in a recent webinar hosted by the Urban Institute discussed various actions that could help alleviate the nation’s affordable housing crisis. Among the possible remedies: inclusionary zoning policies, various reforms to increase local affordable housing stock, and fees on new development to offset the impact on public infrastructure.

Multifamily Housing | May 16, 2023

Legislators aim to make office-to-housing conversions easier

Lawmakers around the country are looking for ways to spur conversions of office space to residential use.cSuch projects come with challenges such as inadequate plumbing, not enough exterior-facing windows, and footprints that don’t easily lend themselves to residential use. These conditions raise the cost for developers.