We are delighted to announce the opening of Kingsbridge Heights Apartments, a $70.5 million affordable housing development along the Jerome Avenue corridor in the Kingsbridge Heights neighborhood of the Bronx. The development includes 135 apartments for families and individuals with 40 apartments reserved for formerly homeless families who will receive CUCS’s acclaimed support and services.
HCR Commissioner RuthAnne Visnauskas said, “Kingsbridge Heights Apartments is giving formerly homeless families the opportunity and support they need to get back on their feet. By reducing homelessness, providing safe, affordable homes for families, and adding new ground floor retail space, we are building a stronger community and more robust economy in the Bronx.”
Located at 2700 Jerome Avenue, Kingsbridge Heights Apartments is a newly constructed 13-story building with 32 studios, 35 one-bedroom apartments, 45 two-bedroom apartments and 24 three-bedroom apartments. Most of the apartments are affordable to households earning at or below 60 percent of the area median income with 25 reserved for households earning at or below 90 percent of the area median income. There is one apartment reserved for a building superintendent.
Alan Bell, Principal at B+B Urban, said, “The completion of the mixed income Kingsbridge Heights Apartments demonstrates that the City’s most urgent housing needs can be addressed – providing new housing for formerly homeless families – while also addressing the broader needs of the local community for affordable housing for low and middle income households. And sound planning principles have been followed by locating this much needed housing close to vibrant retail and community services, subways, schools and parks.”
Forty apartments are reserved for formerly homeless families. CUCS will provide support services for these households, including case management, mental health and substance abuse management as well as educational and workforce development services.
Tony Hannigan, CEO and President, said, “This development achieves many ideals, including an admirable tenant mix of formerly homeless, very low-income and moderate-income families. CUCS is proud to be a partner in the project and have the opportunity to help families reclaim stability and be healthy.”
Amenities at the Kingsbridge Heights Apartments include a 24-hour attended lobby, a community room equipped with computers and children’s library, a fitness room, laundry facilities and landscaped rear yard with a children’s playground, all of which afford residents furnishings more commonly found in market-rate projects. The building also includes 17 parking spaces for residents.
The building is a short walk from multiple subway stations and the Metro North Fordham Road station. Residents will have easy access to several nearby parks, Lehman College, Fordham University, the James A. Peters VA Medical Center, the New York Botanical Garden, and the Bronx Zoo. It is also near Fordham Road, one of the Bronx’s major commercial corridors.
The development was designed to comply with the New York State Energy Research and Development Authority’s Multifamily Performance Program guidelines. Energy efficient features include EnergyStar appliances, LED lighting and low-flow water fixtures throughout the building, and 165 rooftop solar panel modules with a total capacity of 56.9 kW.
Ron Moelis, CEO and Co-founder of L+M Development Partners, said, “The Kingsbridge Heights Apartments is a true example of the power and benefits of public-private partnership, as 135 families–including 40 formerly homeless families–will now have a quality home in a great neighborhood. With supportive services provided on-site by CUCS, the Kingsbridge Heights Apartments will be a welcoming place for those who have hit recent struggles. We thank NYSHCR and NYC HPD, as well as our non-profit partners for their tremendous efforts on this project and for helping us reach this milestone.”