The New York Botanical Garden, adesignated national landmark botanical garden located in the Bronx,New York City.

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NEW YORK CITY- The New YorkBotanical Garden has partnered with Douglas Development toconstruct a two-building, 450-unit affordable housing developmentfor seniors and families. The property will sit on New YorkBotanical Garden-owned land for which Douglaston entered into a99-year lease through a competitive selectionprocess. 

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Construction on the two-phaseproject is anticipated to begin this year. The first phase willinclude an estimated 188-units of affordable housing at 2856Webster Ave., available for candidates earning up to 50 percent ofthe area median income. The second phase of construction willinclude approximately 260 affordable rental units at 410 BedfordPark, available to candidates earning between 30 to 130 percent ofthe area median income. 

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The two developments will haveaccess to on-site social services through the Fordham BedfordCommunity Services. Each building will have a Cherry Valley grocerystore, spanning approximately 20,000 squarefeet. 

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"Douglaston is thrilled to begina new partnership with The New York Botanical Garden on thiscommunity-driven development," said Jeffrey Levine, founder andchairman of Douglaston Development, said in a prepared statement."We are looking forward to continuing to expand upon our Bronxfootprint through a project that will not only bring moreaffordable housing options to the area but additional benefits tothe greater community."

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.