Building permit applications have been filed with New York City Department of Buildings (DOB) for a new, seven-story, residential building at 1818 Prospect Avenue, north of the Crotona Park East area of The Bronx, as reported by YIMBY.
Located between East 175th Street and East 176th Street, the interior lot is closest to the 174th Street subway station, serving the 2 and 5 trains. Moses Freund of The Vaja Group is listed as the owner behind the applications.
The proposed 75-foot-tall development will yield 32,019 square feet, designated for residential space. The building will have 46 residential units, most likely rentals, based on the average unit scope of 696 square feet. The concrete-based structure will also have a basement, a 30-foot-long rear yard, and 15 enclosed parking spaces.
BTE Design Services is listed as the architect of record.
Demolition permits will likely not be needed as the lot is vacant, and an estimated completion date for the new building has not yet been announced.
NYC Housing Connect recently published a guide for residents on how to apply for affordable housing using its NYC Housing Connect platform. The video is included below.
As reported, New York City is launching a new data tool to gather public input from City communities to help plan for a more equitable future. According to City officials, the new data tool, an interactive website, will better equip New Yorkers with data that can facilitate challenging conversations about housing affordability, racial equity, displacement, and many other issues related to the future of New York City and its neighborhoods.
District 14 City Councilwoman Pierina Sanchez also recently announced that she held her first hearing as chair of the Council’s Committee on Housing & Buildings, which oversees both the NYC Department of Buildings and the NYC Department of Housing, Preservation & Development (HPD). The committee assessed COVID-19’s impact on the NYC Housing and Vacancy Survey (HVS) and Emergency Rental Assistance Program. Sanchez, who also sits on the Council’s NYCHA committee, later tweeted, “Whereas the federal government still has $45 billion in unused funds for rental assistance, evictions in New York are growing..”
Today I held my first hearing as Chair, assessing COVID-19’s impact on the NYC Housing and Vacancy Survey (HVS) and the Emergency Rental Assistance Program. Whereas the federal government still has $45B in unused funds for rental assistance, evictions in New York are growing.. pic.twitter.com/ZOSXvy4alO
— CM Pierina Sanchez (@CMPiSanchez) February 25, 2022
Norwood News also recently reported on the options available to renters following the release of a statement on New York State’s Emergency Rental Assistance Program (ERAP)’s website which reads, “There is currently no federal funding available to assist residents in most areas of the State. Therefore, applications will only be reviewed and considered for funding if additional funds become available.” Five counties, outside of the City, are excluded from the funding limitations and there are still only limited amounts of state-funded emergency rental assistance available.