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New York & Tri-State  + Uptown/Bronx  + Apartments  |  July 24, 2023
Emily Fu
By: Emily Fu

Bronx Affordable Senior Housing Development Welcomes Residents 

Douglaston Development has commenced move-ins at 2856 Webster Avenue, a 12-story, 188-unit affordable senior housing building in the Bronx.  

The building offers affordable housing to seniors earning up to 50 percent of the Area Median Income and is located adjacent to The New York Botanical Garden’s grounds. On-site social services are provided by Fordham Bedford Community Services. Additionally, the building features 12,000 square feet of ground floor retail space leased to Cherry Valley Marketplace.  

Phase II of the project will deliver approximately 277 affordable rental units for families and additional ground floor retail space. Douglaston Development has a 99-year lease with NYBG and Stephen B. Jacobs Group serves as the project architect. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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