27-Story Tower Breaks Groud On Third Avenue in NYC

RXR Realty recently celebrated the start of construction on 2413 Third Avenue, a 27-story residential tower in the Mott Haven section of the South Bronx, NYC, New York YIMBY reports. Designed by CetraRuddy Architecture, the development will comprise a mix of residences, parking and ground-floor commercial area. 2413 Third Avenue will house 200 rental units including 60 rent-stabilized units for middle-income households. All units will be equipped with stainless steel appliances, white oak flooring, matte black iron fixtures and subway tiling. Amenity spaces will include a fitness center, communal lounge areas, a landscaped outdoor space and a roof terrace with barbecue grills and dining area. The commercial component will occupy 721 ft² and will be divided into a separate gallery and retail business. The parking garage will be designed to accommodate 81 vehicles with electric vehicle charging stations, a trending amenity among new developments in the NYC area. This past summer, RXR and Bank of America closed on a US$75.2-million construction loan to finance the development. Construction is on track to finish at the end of 2023.