New Development Will Bring Affordable Co-Op To First Time Home Buyers

New cooperative building will give first time home buyers affordable opportunity to own their home. On February 28, 2018, the Department of Housing Preservation & Development (HPD) announced plans to develop a 100 percent affordable seven-story co-op building in the Williamsbridge section of the Bronx. The building, named Sydney House, is the first affordable housing development to be financed under the HPD’s Open Door program.

North Bronx rezoning OK’d

Contextual rezoning impacted 181 blocks in Williamsbridge and Baychester neighborhoods. On October 5, 2011, the City Council approved the Department of City Planning’s 181-block rezoning of the Williamsbridge and Baychester sections in the Bronx. The rezoning impacted an area generally bounded by 233rd Street to the north, East Gun Hill Road and Givan Avenue to the south, the New England Thruway to the east, and the Bronx River Parkway to the west.

Williamsbridge is characterized … <Read More>