160 Van Cortlandt Avenue Passes Halfway Mark in Kingsbridge, The Bronx

 

Construction is above the halfway mark on 160 Van Cortlandt Park South, an eight-story all-affordable residential building in Kingsbridge, The Bronx. Designed by Aufgang Architects and developed by Tishman Speyer, the 279,000-square-foot structure will yield 339 rental affordable rental apartments in studio- to three-bedroom layouts, including a unit for the live-in super. The property is bounded by Van Cortlandt Park South to the north, West 239th Street to the south, and Putnam Avenue West to the east.

The superstructure has been constructed to the fifth story and the levels below have been fully framed out with CMU blocks. Some of the windows have also begun installation on the lower floors.

160 Van Cortlandt Park South. Photo by Michael Young.

According to the below site plan, the interior of the structure’s footprint will be activated as a 70-vehicle parking lot accessible by an entrance on West 239th Street.

Fifty-three of the homes will provide supportive housing for formerly homeless individuals and 285 units will be designated affordable housing for households earning between 40 percent to 105 percent of area median income (AMI). Resident and community amenities include a shared laundry room, a fitness room, two recreation rooms, and a rooftop terrace.

TS Communities closed on approximately $222 million in financing via tax-exempt bonds, subsidy loans from the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, and low-income housing tax credit equity. The Urban Investment Group at Goldman Sachs Alternatives will provide the letter of credit, and Hudson Housing Capital will provide an equity investment from the purchase of low-income housing tax credits.

The nearest subway from the development is the 1 train at the elevated 238th Street station to the west.

160 Van Cortlandt Park South is being built to comply with Enterprise Green sustainable design standards. Construction is expected to be completed in February 2027, as noted on site.