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Altmark Group Sells Mott Haven Lots Destined for 99-Unit Redevelopment for $22M

Three adjacent lots in the Bronx’s Mott Haven neighborhood have been snapped up for a series of ground-up, 99-unit housing developments.  The acquisition and accompanying plans join the city’s ever-gr

Summary

Three adjacent lots in the Bronx’s Mott Haven neighborhood have been snapped up for a series of ground-up, 99-unit housing developments.

The acquisition and accompanying plans join the city’s ever-growing ranks of 99-unit apartment deals, catalyzed by the construction wage requirements of the city’s controversial 485-x incentive.

The transaction, filed Thursday, saw three parcels along […]

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