491 Gerard Avenue

This 153-unit, 131,000 square foot project is being developed using NYC's Mix and Match Program and will contain a mix of units for low and moderate income households, as well as units for formerly homeless families. It is the second of two residential buildings to be developed on this site by Monadnock Development and Signature Urban Partners. The building complies with the Enterprise Green Communities efficiency requirements and will generate electrical power for common usage through a solar array on the roof. Residents will have access to a fitness room, bike storage room, community space, and a roof top deck. The construction closing will occur in June 2016 and construction completion will occur in the summer of 2018, with occupancy planned immediately thereafter.

Details
Year: June 2016 - June 2018
Location: Bronx, NY
Type: New Construction
Apartments: 153

Team
Development Team: Monadnock Development, Signature Urban Partners LLC
Architect: Dattner Architects