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City Plans Nearly 1,000 Affordable Units Along Bronx Waterfront
New York City Mayor Eric Adams said Friday the city will move forward with Fordham Landing South, a transformative affordable housing development along the Bronx waterfront that will create more than 900 affordable homes for New Yorkers. Alongside developers Dynamic Star and Lettire, the Adams administration will advance the project along an underused stretch of the Harlem River, resulting in a new mixed-use community with approximately 927 affordable homes and waterfront public access area.
“With today’s announcement, the long-held dream of transforming this neglected stretch of Bronx waterfront into a vibrant, accessible community is finally becoming a reality,” said Gary Segal, co-founder and CEO, Dynamic Star.
The 927 affordable units will serve a variety of income levels. The project will be financed in part by the New York City Department of Housing Preservation and Development. It has also received a $55-million award from New York State to assist with site infrastructure.
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