Tuesday, March 29, 2022

Thessalonica Court Achieves Sustainability Milestone At 350 Saint Anns Avenue In Mott Haven, The Bronx

 Thessalonica Court - Courtesy of Jonathan Rose Companies

Thessalonica Court in Mott HavenThe Bronx has become the nation’s first affordable housing property to achieve both Enterprise Green Communities and the WELL Building Standard certifications. Working in collaboration, Enterprise and The International WELL Building Institute (IWBI) debuted the joint certification program for affordable buildings in 2019 to encourage developers to build healthier buildings for the country’s most vulnerable populations.

Located at 350 Saint Anns Avenue, Thessalonica Court is a Project Based Section 8 building with 191 units of affordable housing. Jonathan Rose Companies acquired the property from Omni New York in 2020 for approximately $64 million. Since then, the owner-developer committed to an extensive rehabilitation project to improve resident quality of life, bolster energy performance, and infrastructure upgrades to mitigate the impact of severe rainfall.

“By prioritizing resident well-being and building a collective commitment to environmental sustainability, Enterprise Green Communities fundamentally changed how developers create affordable homes,” said Rose Companies president Jonathan F.P. Rose.

Thessalonica Court - Courtesy of Jonathan Rose Companies

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