Douglaston Development is now welcoming the first wave of tenants at 2856 Webster Avenue, a 188-unit affordable housing property in The Bronx. Located in the Bedford Park neighborhood, all of the units are reserved for seniors earning up to 50 percent Area Median Income.
“We’re thrilled to begin welcoming residents to 2856 Webster Avenue, providing much-needed senior affordable housing to the Bronx community,” said Jeffrey E. Levine, founder and chairman of Douglaston Development. “We are proud of the work completed alongside our project and community partners to bring this initial phase to fruition and look forward to continuing to work together throughout Phase II of the project.”
The 12-story building topped out in July 2022. In addition to affordable units, the building also houses a 12,000-square-foot Cherry Valley supermarket and a community facility offering on-site social services. The latter is operated by the Fordham Bedford Housing Corporation, an organization that serves underrepresented families in the Northwest Bronx.
Douglaston Development is also working on a second phase of the Webster Avenue development, a 277-unit affordable project. Located at 2868 Webster Avenue, the building will also comprise 8,000 square feet of ground-floor retail space, which is expected to be leased to another grocer.
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