NEW YORK CITY—Construction is to begin this month on the $42-million Creston Apartments mixed-use project in the Mount Hope section of the Bronx.
The project, which is managed by Schur Management Companies, Ltd., when completed will feature 110,761 square feet of above grade buildable space that will include 114 apartments, 11,234 square feet of ground floor retail space, 908 square feet of community facility space and 10,657 square feet of underground parking for 40 cars.
The Creston Avenue project is part of an affordable housing plan announced by Mayor Bill de Blasio in 2014 with the goal of developing and preserving 200,000 affordable housing apartments in the city in the next 10 years.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
