NEW YORK CITY — Gilbane and partners have closed on financing for 1920 Turnbull, a $170 million, 228-unit affordable and supportive housing project in the Castle Hill/Soundview neighborhood of the Bronx. Apartments are income-restricted to households earning up to 60 percent area median income, and 137 units will be reserved as permanent supportive housing.
Strada Development and the Center for Urban Community Services (CUCS) are co-developers, with CUCS also serving as a service provider. Upon completion, slated for March 2029, CUCS will operate a 3,500-square-foot on-site office space providing residents of 1920 Turnbull with services that include case management, behavioral health support, benefits assistance, employment services and connections to community resources.
Gilbane Building will serve as general contractor, with Magnusson Architecture and Planning as architect and AKRF as civil engineer. The 22-story project is the first of two planned buildings, with Phase II set to add 207 additional affordable apartments, including 15 percent of units designated as permanent supportive housing for formerly homeless individuals and families. Phase II is expected to close within the next year pending city approvals. The development is located on the site of a former parking lot.