A ribbon-cutting ceremony outside of Haven Court marked a step closer to the opening of the affordable housing building in Mott Haven.<\/p>\n
The eight-floor building, developed by Vertical Community Development, features 164 units and recreational spaces, including residence lounges, a second-floor backyard terrace, and a rooftop terrace with 360 views of the South Bronx.<\/p>\n
“Incomes haven’t kept up with rents, and the need for affordable housing is now greater than it’s ever been,” said the Vice-President of Acquisition and Development, Leon Hovsepian.<\/p>\n
The developing team told News 12 on Tuesday, they have reached more than 50,000 applications through the housing lottery.<\/p>\n
“You’re going to have in this building a mixed income of people, some formerly homeless, some senior, some making higher income, some making lower,” said Vice-President of Development and Construction, Tom Eswein.
\n\tVertical has constructed five buildings in The Bronx and has another five buildings in the pipeline.<\/p>\n
Interest for space has reached new tenants and business owners.<\/p>\n
“We’ve been in the Bronx for a decade now, and this is our third location,” said owner and CEO of Neneadama Daycare Center, Sane Ndiaye.<\/p>\n
Ndiaye’s daycare center is filling one of four commercial units inside the building.<\/p>\n
There is no exact date for when Haven Court will open its doors, but Hovsepian said, “move-ins will probably happen in about, over the next couple of months. And we expect to be fully leased up by around October.”<\/p>\n
Despite the overwhelming response even before the official opening, developers said they are still accepting more applications.<\/p>\n