{"id":963032,"date":"2026-07-27T19:11:21","date_gmt":"2026-07-27T19:11:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/963032\/"},"modified":"2026-07-27T19:11:21","modified_gmt":"2026-07-27T19:11:21","slug":"grun-group-files-plans-for-pair-of-99-unit-residential-buildings-in-the-bronx-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/963032\/","title":{"rendered":"Grun Group Files Plans for Pair of 99-Unit Residential Buildings in the Bronx \u2013 Commercial Observer"},"content":{"rendered":"

Real estate investment and development firm Grun Group<\/a> <\/b>has filed plans with the New York City Department of Buildings <\/b>(DOB) to bring a pair of 99-unit residential towers to the Bronx\u2019s Woodlawn Heights neighborhood, records show.\u00a0<\/p>\n

If approved, the first of the two new buildings will be at 4241 Webster Avenue<\/b> and span 59,611 square feet. This development will have 99 units across eight floors. The second building will be in the same neighborhood at 4230 Peters Place<\/b>, spanning 68,733 square feet and also with 99 units. The properties are currently both parking lots.<\/p>\n

SEE ALSO: The Plan: With a Big Vacancy Looming, Durst Goes Big on Renovating 114 West 47th<\/a><\/p>\n

The DOB plans do not provide much more information. Grun Group did not immediately respond to Commercial Observer\u2019s request for comment.\u00a0<\/p>\n

Developers have been busy in the Bronx as of late. Catholic Homes<\/b>, an affiliate of the Roman Catholic Archdiocese of New York<\/b>, recently secured $146.9 million in construction financing <\/a>to build affordable housing at 484 East 178th Street<\/b> in the Bronx. Meanwhile, the city closed on $214 million in financing to bring 288 affordable senior units<\/a> to 3728 Park Avenue<\/b>, while housing developer Vilson Lumaj<\/b> is planning two 99-unit residential properties<\/a> at 761-769 East Tremont Avenue<\/b>.\u00a0<\/p>\n

Grun Group itself has lately been working on several projects in the city. In Kew Gardens, Queens, Grun Group filed plans in June<\/a> to build a nine-story, 108-unit residential building at 116-18 Grosnevor Lane<\/b>. And in January, the firm submitted an application<\/a> to construct a 94-unit apartment building at 469 Troy Avenue<\/b> in East Flatbush, Brooklyn.<\/p>\n

Though unconfirmed, it is probable that Grun opted to build two 99-unit residentials at its new project in Woodlawn Heights as a way to take advantage of the city\u2019s 485-x tax abatement program<\/a>. Limiting the size of a project allows developers to reap the tax benefits of 485-x without paying the high construction wages required when building 100 or more units.\u00a0<\/p>\n

Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Real estate investment and development firm Grun Group has filed plans with the New York City Department of…\n","protected":false},"author":3,"featured_media":963033,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5122],"tags":[387149,5229,4282,9886,387148,405,403,266403,5226,5225,5228,5227,67,586,132,5230,68,2969],"class_list":["post-963032","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-4241-webster-avenue","tag-america","tag-channel","tag-construction","tag-development-4230-peters-place","tag-new-york","tag-new-york-city","tag-new-york-city-department-of-buildings","tag-newyork","tag-newyorkcity","tag-ny","tag-nyc","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116993529635953750","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/963032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=963032"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/963032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/963033"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=963032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=963032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=963032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}