NEW YORK CITY — Douglaston Development has completed Phase I of a two-phase affordable seniors housing project in the Bronx.
Located at 2856 Webster Ave., the 12-story, 188-unit building is adjacent to The New York Botanical Garden’s (NYBG) 250-acre grounds. Units are available to residents earning up to 50 percent of the area median income.
Fordham Bedford Community Services will provide on-site social services. The building features 12,000 square feet of ground-floor retail space leased to Cherry Valley Marketplace, a longstanding neighborhood grocery staple.
Phase II of the two-phase project, located at 2868 Webster Ave., will feature approximately 277 affordable rental units for families with an additional 8,000 square feet of ground-floor grocer space.
Douglaston entered a 99-year lease with NYBG in 2020 after the Botanical Garden selected the New York-based developer through a competitive request for proposals process. Stephen B. Jacobs Group is the project architect, and Levine Builders, the general contracting and construction management affiliate of Douglaston Development, leads the project’s construction.