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Final Phase of West Farms Affordable Complex Breaks Ground

City officials joined with Monadnock Development, Signature Urban Properties and Wells Fargo recently to mark the groundbreaking of Compass Six, the 261-unit final phase of a large-scale affordable housing development serving West Farms. The Bronx neighborhood, rezoned in 2011, is among those hardest hit by the COVID-19 pandemic.

When complete, the full Compass Residence Development will have a total of 1,400 affordable homes throughout its eight buildings. The project is expected to be completed by 2024.

“Compass Residences is turning an underused strip of industrial land into a truly valuable asset for the Crotona and West Farms neighborhoods of the Bronx,” said Vicki Been, Deputy Mayor for Housing and Economic Development. “Once this final building is complete, the development project will have changed the lives of nearly 1,400 households by providing quality affordable housing and access to great outdoor spaces and retail.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).

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