High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Uptown/Bronx  + Apartments  | 

Douglaston Completes Final Phase of South Bronx MXU

Douglaston Development has completed Crossroads Plaza in the South Bronx. Built on the site of an abandoned gas station in three phases, the three-building, mixed-income, mixed-use development provides 425 affordable units, a 20,000-square-foot pedestrian plaza, three commercial spaces totaling 60,000 square feet and a children’s playground.

“Crossroads Plaza was developed to truly serve the needs of this neighborhood, and we’re proud to have taken a once-vacant site and transformed it into a vibrant hub of quality, affordable apartments, community space and retail space,” said Jeffrey Levine, chairman of Douglaston Development.

Louise Carroll, the city’s Housing Preservation and Development Commissioner, noted that “Crossroads Plaza has become the anchor for the eastern end of 149th Street, a major retail and transportation strip running across the South Bronx. In addition to creating nearly 500 new affordable housing units in mixed-use properties, this development has also stimulated other new residential construction on the surrounding blocks.”

The Connect Apartments Conference will take place June 20, 2019 in Los Angeles. For more information, or to register, click here.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Douglaston

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

New call-to-action
New call-to-action