Façade work is progressing on Lyra, a two-building residential complex at 414 and 445 Gerard Avenue in the South Bronx neighborhood of Mott Haven. Developed by The Domain Companies and The Vorea Group with financing from the Goldman Sachs Urban Investment Group, the $310 million project will yield 544 apartments, with 30 percent designated for affordable housing for households earning 80 to 130 percent of the area median income, as well as 10,000 square feet of retail space. Monadnock Construction is the general contractor for the property, which is bound by Exterior Street to the west, Walton Avenue to the east, East 146th Street to the north, East 144th Street to the south, and Gerard Avenue running north and south down the middle.
Recent photos show both reinforced concrete structures topped out. 414 Gerard Avenue is largely covered in a veil of black netting and metal scaffolding. The building has a U-shaped massing with an open-air rectangular space in the middle of the parcel that could likely serve as a private courtyard for residents. The eastern walls are blank and have no windows up against the lot line. The gray-colored surface is subtly visible through the scaffolding, and appears mostly finished.
Meanwhile 445 Gerard Avenue is further ahead with the installation of its red brick envelope, which encloses almost all of the structure except for the uppermost levels and the gap where the construction elevator is attached. Some windows still remain to be installed, and the ground floor is surrounded by scaffolding as work proceeds above.
414 Gerard Avenue is slated for completion in May 2023, while 445 Gerard Street is expected to be done on June 1, 2023.
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