Oxford Property Group Poised to Launch Riverdale Multifamily Project
Oxford Property Group/Spire Group will soon launch construction of a 62-unit luxury residential building in the Bronx’s Riverdale neighborhood. The 50,00-square-foot, 12-story property will be located at 2893-95 Valentine Ave.
“This is a great location in an area in need of additional quality housing,” said Adam Mahfouda,CEO ofOxford Property Group/Spire Group. He added that the land where the building is being built was comprised of two adjoining lots with private three-story homes on each. Oxford purchased the first home in 2019 and the second in January of 2021.
The Riverdale project will also offer residents mostly two-bedroom apartments with covered outdoor parking, a laundry room, community room and landscaped outdoor garden area. Construction is expected to be completed in January 2024.
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).