1880 Boston Road Senior Housing
The Bronx (West Farms)
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Over 8,500 sf of amenity space including a 5,000 sf plus painted and landscaped roof terrace, yoga room, arts and crafts room, lounge / library, and other multi-purpose rooms.
YEAR COMPLETED:
2018
PARTNERS:
Alembic Community Development, RiverSpring Living
TOTAL DEVELOPMENT COST:
$78 MM
GROSS SQUARE FOOTAGE:
120,694 gsf
UNIT COUNT/MIX:
168 Supportive Senior Units
FINANCING PROGRAM:
HPD SARA
ARCHITECT:
SLCE Architects
GENERAL CONTRACTOR:
Lendlease Construction
FINANCE TEAM:
TD Bank, NYC HDC, NYC HPD, Raymond James Tax Credit Funds
OPERATING SUBSIDIES:
Project-Based Section 8 (NYCHA); NYS ESSHI