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NEW YORK, NY · NEW YORK CITY EDITION · FRIDAY, NOVEMBER 13, 2026
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Business

Nearly 360 Affordable Apartments Open in Hunts Point, Bronx

Published November 13, 2026 at 5:51 am | By Marina Freeman, Staff Reporter

Apartment buildings and lawn

BRONX, N.Y. — Two new buildings with nearly 360 affordable apartments are now open in Hunts Point in the Bronx, New York, on land that once held the Spofford Juvenile Detention Facility.

A ribbon cutting on Nov. 12 marked the finish of Phase 2 at The Peninsula, a redevelopment led by The Hudson Companies. The units run from studios up to four bedrooms, and 73 percent are set aside for households earning 60 percent of area median income or less.

Beyond the apartments, the second phase brings a fitness room, a laundry room, a pedestrian plaza and room set aside for a future early childhood center. A new step street is meant to link Tiffany Street with Manida Street up the hill.

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The new pair of buildings faces the first Peninsula building across that plaza. Phase 1 opened in 2022 and added 183 affordable homes.

The project puts homes on what had been a city juvenile detention site, and its income limits follow the 60 percent of median income line New York City uses for many city-supported developments.

One tenant who has lived in the first building for four years said the modern heating and air conditioning are a big step up from the clanking radiators of older prewar apartments.

More is on the way. A grocery store owned by the city is scheduled to open on the property by Thanksgiving of next year, and the full project, with 740 affordable units in total, is projected to wrap up by December 2027.

Bronx Borough President Vanessa L. Gibson joined the ceremony and called affordable housing the best investment the borough can make. Renters interested in the new units should check income limits and availability with the developer before they apply.

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Section: More New York NY business news

Filed under: New York NY Business News

What's Happening
How many units opened?
Nearly 360 across two buildings.
Who qualifies?
Most units, 73 percent, are for households at or below 60 percent of median income.
When is the whole project done?
December 2027, with 740 affordable units total.
Marina Freeman
HERE New York · BUSINESS

Marina is a staff reporter for HERE New York covering local news, community stories, and developments across New York City. Marina is committed to accurate, community-first journalism.

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