286 Rider Avenue Update 01/13/25

Dev Lands $36M Loan for Mott Haven Rental Project

Developer,

, recently secured a $36 million loan for an 8-story, residential project, set to rise at 286 Rider Avenue in the Mott Haven neighborhood of the Bronx. Issued by Popular Bank, this influx of capital will be used to fund construction costs.

Designed by

, the building will contain rental apartments. Plans also call for square feet of commercial space (likely ground-floor retail), and an enclosed parking garage, with enough room for vehicles. The structure will stand feet tall and total square feet altogether.

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