Brookfield Property Partners plans to make 30 percent of its massive South Bronx development affordable housing. The company officially closed on its $165 million purchase of 2401 Third Avenue and 101 Lincoln Avenue from Somerset Partners and the Chetrit Group on Wednesday, according to representatives for Brookfield and Somerset. The parcels span 189,000 square feet of land in Mott Haven, and Brookfield will build about 1,300 residential units on the site across seven buildings. Brookfield […]
source https://therealdeal.com/2018/09/06/here-are-the-details-of-brookfields-first-bronx-development/
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