Skip to main content
Back to Projects
soundview2

Story Avenue

Subsidy AssistanceNot-for-Profit SponsorshipAffordable Rental

Story Avenue is a mixed-use project in the Soundview neighborhood of the Bronx developed by a partnership between Nelson Management and L+M Development Partners, Inc. with the Housing Partnership as the non-profit partner. Designed by Curtis + Ginsberg Architects, the project brought 435 affordable rental units of low, middle income and senior housing to the Soundview neighborhood. The project was constructed on the northern end of the existing Lafayette-Boynton complex containing four former Mitchell-Lama towers. The development reconfigured existing parking and landscaping, replacing underutilized and deteriorating green space. The complex is located adjacent to Soundview Park, which has recently received substantial city investment. A new central greenway was constructed on the site, including new lawns and trees, bioswales to improve drainage, two separate playgrounds designed for toddlers and older children, walking paths, community gardens, and other programmed spaces. The project consists of two buildings designed to pay tribute to the Art Deco style famous to the Bronx. The building segments extending south gradually step down towards the southern exposure, allowing light further into the central pedestrian pathway, creating residential terraces and enhancing views from the existing buildings. Each new building has approximately 240,000 square feet, with the west building providing 223 units and the east building providing 212 units. The project exceeds the Enterprise Green Communities minimum standards. This project was completed in 2019.

PROJECT DETAILS

Location
Northern end of Lafayette-Boynton complex, Soundview
Borough
Bronx
Units
435
Unit Description
435 affordable rental units of low, middle income and senior housing across two buildings
Developer
L+M Development Partners, Inc. and Nelson Management
Architect
Curtis + Ginsberg Architects
Program
HPD Mix and Match
HP Role
Not-for-Profit Sponsor
Income Targeting
50% of units for households earning up to 60% AMI (tax credit units)30% of units with rents at 80% AMI for households earning up to 100% AMI20% of units with rents at 100% AMI for households earning up to 130% AMI
Financing
NYC HDCLIHTCNYC HPD
Amenities
Central greenway with lawns and treesBioswales for improved drainageTwo playgrounds (toddler and older children)Walking pathsCommunity gardensResidential terracesArt Deco inspired designEnterprise Green Communities certified