Bronx Commons, located at 443 East 162 Street, Bronx, NY 10451, is a 420,000 square-foot new construction of 305 permanently affordable studio, 1-, 2- and 3- bedroom rental apartments, which will serve formerly homeless families and individuals, including victims and survivors of domestic violence, as well as households earning between 30% and 110% of Area Median Income.
The building meets high environmental standards to offer a healthy, sustainable place for families and individuals to live, help reduce emissions that damage the environment, generate electricity through a rooftop solar panel array, and reduce utility costs for low-income residents.
In addition, Bronx Commons includes 22,000 square-feet of ground floor, street-facing commercial space for small businesses and community programs like a restaurant/café, retail store, education programming, and workspace. Its cultural centerpiece will be the Bronx Music Hall, a 14,000 square-foot music, dance and cultural venue that will provide world-class studio, classroom, recording, exhibit and performance space to Bronx artists of all generations, and will attract audiences from around New York City and the world.
Amenities: 4 Elevator(s), on-site superintendent, 3 community rooms, 2 bicycle storage rooms,14 laundry rooms (card operated),1 fitness room, 2 public plazas, 2 outdoor spaces and 36 on-site parking spaces.
Transit: Bus: BX6, BX13, BX32, BX41, Train: D, 4
No application fee • No broker’s fee • 100 % Smoke-free building
This building is being constructed through the Low Income Housing Tax Credits (LIHTC), NYS HCR Rural and Urban Community Investment Fund Program, the New York City Housing Development Corporation and the New York City Department of Housing Preservation and Development.
The Women’s Housing and Economic Development Corporation (WHEDco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. We build award-winning, sustainable, affordable homes – but our work is not over when our buildings are complete. WHEDco believes that to be successful, affordable housing must be anchored in strong communities that residents can be proud of. For more information about WHEDco, visit www.whedco.org.
BFC has been a developer of affordable and market-rate housing and mixed-use projects in New York City for more than 30 years. Since the firm’s inception in the 1985, BFC and its principals have completed over $5 billion in development projects, encompassing the construction of more than 8,000 residential units and millions of square feet of mixed-use development. For more information about BFC Partners visit www.bfcnyc.com.