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Developer lands $222 million for hundreds of affordable units in New York City

Tishman Speyer affiliate secures financing for Bronx project
TS Communities is expected to develop 339 fully affordable units on a former church site in The Bronx’s Kingsbridge neighborhood. (Tishman Speyer)
TS Communities is expected to develop 339 fully affordable units on a former church site in The Bronx’s Kingsbridge neighborhood. (Tishman Speyer)
CoStar News
January 2, 2025 | 9:56 P.M.

The affordable housing arm of Tishman Speyer has secured more than $200 million for the construction of a fully income-restricted apartment development on a Bronx site formerly owned by the Archdiocese of New York.

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