Grote Street Apartments New York, Bronx (view map)



Grote Street Apartments is a Mitchell-Lama property located in the Bronx, New York.  The property consists of two buildings containing 249 units.  Omni New York LLC acquired the property on October 21, 2010 with financing provided by the New York State Homes and Community Renewal (“HCR”).  HCR provided financing through the issuance of tax-exempt bonds, low-income housing tax credits and subordinate financing.  The transaction also benefited from energy efficiency grant funds from the New York State Energy Research and Development Authority. 

 

Over $15 million dollars was spent on the building renovation that was completed in the summer of 2012.  The scope of work included converting from electric to gas heat, renovating the lobby and elevator, replacing and upgrading building mechanics, new roofs and doors and brick pointing.  Additionally, in-unit capital improvements included the installation of new floors, windows, kitchen cabinets, appliances, countertops, fixtures, bathroom vanities, sinks, faucets, bath tubs and tiles.  The security system at the property was also completely overhauled with the installation of 290 DVR surveillance cameras.   

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Before and After Photos

Bedroom Bedroom
Kitchen Kitchen
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