Total housing inventory registered at the end of March was 1.33 million units, up 8.1% from February and 19.8% from one year ago (1.11 million).
Median sales prices of single-family homes throughout the Bronx and lower Hudson Valley all saw gains, with Sullivan County at an 18.3% hike from last year’s $299,998 to $335,000.
Regionally, on a year-to-date basis, new home sales were up 12.9% in the South, but were down 32% in the Northeast, 18.3% in the Midwest and 6% in the West.
Located at 4180 Carpenter Ave. in The Bronx is a 64-unit building for mostly women-headed households.
The envisioned building is a more than 200,000-gross-square-foot facility that will bring together a range of STEM disciplines.
Morris Park’s vision is to transform the area into a premier transit-oriented development hub leveraging the addition of expanded Metro-North commuter rail service and rezoning.
Phase Two is to include 450 units of permanently affordable rental housing adjacent to the armory
Connect RE officials noted that the brokerage is built by agents for agents and the firm’s mission “is to empower agents, transform careers, and elevate real estate to new heights.”
Diaz said the rezoning and Penn Access project “will be a way for us to reimagine the whole area. We are going to end up being the paradigm of health care.”
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