Two new mixed-income and mixed-use developments are coming to Hunts Point, bringing affordable living to the community.
The site is located at 720 Tiffany St., where the Spofford Juvenile Facility once stood. The land already has one affordable housing building up and running.
The second phase will cost $297 million and bring more affordable housing and amenities to the community.
"This site, formally known as the Spofford Juvenile Facility, was a site of pain. Now, it is a site of promise, potential and purpose," said Bronx Borough President Vanessa Gibson.
Gilbane Development Company, Hudson Companies and MHANY Management Inc. joined the New York City Economic Development Corporation, Department of Housing Preservation and Development and other city officials to break ground on Phase Two of the project. "You know, we are facing a housing crisis. We can't talk enough about it, but we have to do more about it. And that is what we are doing," said HPD Commissioner Adolfo Carrion Jr.
These buildings will have 359 units that are said to be 100% affordable. A total of 73% will be available at 60% or below the area's median income and 15% will be set aside for the formerly homeless. There will be a children's playroom, gym, cultural center and tenants' lounge.
This second phase will also have a public plaza and community space.
This project is expected to be completed in 2026.