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ULI SPRING MEETING ULI SPRING MEETING
Colorado Convention Center, Denver, CO, United States May 12-14, 2025

The Revitalization of the South Bronx

Mission Priority
Tue Apr 09 8:00 AM — 11:00 AM (GMT-05:00) Eastern Time

Experience the revitalization of the South Bronx through affordable housing mechanisms and affordable housing at scale in the Mott Haven district with developer L&M.

East 162nd Street Court provides 126 mixed-income rental apartments in a new 12-story building. Thirty-seven units are reserved for formerly homeless families in need of supportive services. L+M and B&B Supportive collaborated with Palladia and Services for the Underserved to provide family supportive services pursuant to a contract with the NYC Department of Health and Mental Hygiene. Services include case management for mental health and substance abuse problems as well as educational and workforce services. The new building includes a separate office space devoted to the provision of these services, a community room, and laundry facilities. The remaining units in the building are reserved for families that earn 60 percent and 80 percent of area median income.

 

Bronx Point represents a transformative mixed-use development of approximately 530,000-square-feet that will bring affordable housing, educational community facilities, dynamic retail uses, and engaging new open space along the Harlem River waterfront in the South Bronx. It includes 542 units of permanently affordable housing, educational spaces for youth operated by Bronx Works and Billion Oyster Project, and retail opportunities. The Universal Hip Hop Museum will be a new cultural destination that celebrates the global hip hop culture.