- Market Rate Housing
- New Construction
- Public-Private Partnerships
- Joint Venture Development
- Transit-Oriented Development
Market-Rate Rentals in a New Neighborhood on Roosevelt Island
Riverwalk Crossing was the sixth building completed by Hudson and the Related Companies in the Riverwalk neighborhood. The building contains luxury market-rate rentals. The building contains a fitness center, sun terrace with BBQ dining area, lounge, children’s playroom, bike storage, a party room, and a 24-hour attended lobby.
In 1997, the Roosevelt Island Operating Corporation (RIOC) designated Hudson and the Related Companies to create a new neighborhood that would fulfill the island’s General Development Plan designed by Philip Johnson and John Burgee. Today the development provides high-quality housing, open space, and neighborhood-serving retail that is a short subway and tram ride away from Manhattan’s Upper East Side and one-ferry ride from Astoria and Long Island City.
Upon completion, the Riverwalk neighborhood will consist of approximately 2,000 residential units across 9 buildings with 40% of the total units affordable to residents earning less than 148% of AMI.
PROJECT TEAM: COSTAS KONDYLIS & PARTNERS, MONADNOCK CONSTRUCTION, PB CAPITAL