{"id":337141,"date":"2026-09-03T17:42:29","date_gmt":"2026-09-03T17:42:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/337141\/"},"modified":"2026-09-03T17:42:29","modified_gmt":"2026-09-03T17:42:29","slug":"40-story-south-bronx-tower-launches-lottery-for-227-apartments-from-1936-month","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/337141\/","title":{"rendered":"40-story South Bronx tower launches lottery for 227 apartments, from $1,936\/month"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" title=\"40-story South Bronx tower launches lottery for 227 apartments, from $1,936\/month\" alt=\"40-story South Bronx tower launches lottery for 227 apartments, from $1,936\/month\" class=\"wp-post-image nolazyload\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/355-Exterior-Street-Mott-Haven.jpg\" width=\"2500\" height=\"1942\"  \/><\/p>\n<p>Photo of 355 Exterior Street \u00a9 Ondel Hylton<\/p>\n<p>The tallest building in the South Bronx launched a housing lottery this week for 227 mixed-income apartments. Rising 40 and 26 stories over the Harlem River in Mott Haven, <a href=\"https:\/\/www.cityrealty.com\/nyc\/mott-haven\/355-exterior-street\/182631\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">355 Exterior Street<\/a> is a massive two-tower development with more than 700 apartments, ground-floor retail, and luxury amenities. Developed by Beitel Group and designed by Hill West Architects, the project, dubbed One River Park, will also be among the tallest buildings in the Bronx, with just River Park Towers and Tracey Towers slightly larger. New Yorkers earning between 70 and 130 percent of the area median income can apply for the apartments, priced between $1,936\/month and $2,850\/month.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"1040\" height=\"739\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/355-Exterior-Street-1-1040x739.jpg\" alt=\"\" class=\"wp-image-246673\"  \/>Photo \u00a9 Ondel Hylton<\/p>\n<p>Beitel closed on the Exterior Street property from Lightstone last year for $84 million, as <a href=\"https:\/\/www.crainsnewyork.com\/real-estate\/beitel-group-buys-mott-haven-site-84m\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">Crain\u2019s reported<\/a>. Construction began last December and is now topped out. <\/p>\n<p>The project qualified for the city\u2019s 421-a tax abatement, the now-expired program which required developers to designate at least 25 percent of units as affordable.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/1-river-park-1.jpeg\" alt=\"\" class=\"wp-image-246670\"  \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"972\" height=\"652\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/1-river-park-3.jpg\" alt=\"\" class=\"wp-image-246671\"  \/>Renderings courtesy of the NYC Department of Housing Preservation and Development<\/p>\n<p>One River Park offers a suite of luxury amenities, including a lobby lounge, sky lobby, bike storage, game room, movie theater, party room, children\u2019s playroom, outdoor pool, and a rooftop terrace with grills.<\/p>\n<p>The views from the roof deck will be impressive, with the Harlem River in the forefront and the Manhattan skyline in the background.    <\/p>\n<p>Health and wellness amenities include a fitness center, a yoga and spin studio, a golf simulator, and an indoor pickleball court. The property is also pet-friendly, with residents allowed one pet up to 30 pounds, and includes an on-site pet spa.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1040\" height=\"592\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/1-river-park-2-1040x592.jpg\" alt=\"\" class=\"wp-image-246672\"  \/>Rendering courtesy of the NYC Department of Housing Preservation and Development<\/p>\n<p>The development measures 515,000 square feet and includes 11,500 square feet of retail space and nearly 200 parking spaces. <\/p>\n<p>Nearby public transit options include the Grand Concourse subway station with the 2, 4, and 5 subway lines and the Bx1 bus.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1040\" height=\"579\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/355-Exterior-Street-AMI-1040x579.png\" alt=\"\" class=\"wp-image-246650\"  \/><\/p>\n<p>Qualifying New Yorkers can apply for the apartments until\u00a0September 24, 2026. Complete details on how to apply are available\u00a0<a href=\"https:\/\/housingconnect.nyc.gov\/PublicWeb\/details\/7607\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">here<\/a>.<\/p>\n<p>Questions regarding this offer must be referred to NYC\u2019s Housing Connect department by dialing 311.<\/p>\n<p>RELATED:<\/p>\n","protected":false},"excerpt":{"rendered":"Photo of 355 Exterior Street \u00a9 Ondel Hylton The tallest building in the South Bronx launched a housing&hellip;\n","protected":false},"author":2,"featured_media":337142,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,9,24,63,129,131,130],"class_list":["post-337141","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/337141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=337141"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/337141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/337142"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=337141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=337141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=337141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}