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New York & Tri-State  + Uptown/Bronx  + Apartments  | 
 425 Grand Concourse is a 26-story high-rise affordable housing project in the Bronx

Passive House Affordable Projects Opens Its Doors in the Bronx

Trinity Financial and MBD Community Housing Corporation recently cut the ribbon on 425 Grand Concourse, a $178-million high-rise affordable housing project in the Bronx. Reportedly it’s the nation’s largest Passive House project. 

“Housing that is energy efficient, affordable and state of the art can be the norm as 425 Grand Concourse demonstrates,” said New York City Chief Housing Officer Jessica Katz. “This building will give hundreds of New Yorkers a place to call home while also bringing much needed resources to the community, including a new education facility and supermarket.” 

Added Gregg Gerken, head of U.S. commercial real estate at TD Bank, “As the largest Passive House structure in the U.S., this building will help reduce energy consumption and improve the air quality for the residents and community. The combined environmental and social impact of this project makes this a meaningful one for the bank to stand behind.” 


Inside The Story

Trinity Financial

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 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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