The LEED Platinum-certified Creston Residence offers studio, one, and two-bedroom floor plans. Its location near the East-West line makes it easy to commute to work or play. Located in the heart of Edgewater, Creston is a great choice for new residents looking for a new home. Learn more about this unique and beautiful home below. We'll also discuss its features, such as its luxury owner's suite.
Creston Avenue Residence is a new development
A new Bronx supportive housing development is getting a lot of attention. The Creston Avenue Residence has received funding from Medicaid Redesign Team (MRT) funds. Its developers, Robert Sanborn Development and Volunteers of America-Greater New York, have designed and constructed the development to help homeless individuals and families get back on their feet. The project includes 66 apartment units, including 21 MRT units for formerly homeless individuals with mental illnesses.
A 10-story apartment building has gone up in the Bronx, N.Y. neighborhood. The Creston Avenue Residence is set among buildings half its size and nearly 80 years old. The project aims to create an iconic vision of the neighborhood that blends in with its surroundings. The architecture of the building includes metal panels and gray masonry. It also features generous windows and vertical shade structures. The project is an example of a green development that aims to be as energy efficient as possible, while meeting the needs of its tenants.
It is LEED Platinum certified
The Creston Residence is an environmentally friendly, 62,535-square-foot building with amenities including 24-hour security, rooftop gardens, and a play area for children. Residents are encouraged to be active, and the community features a large gathering space for social events. LEED Platinum certification ensures that the building meets the strictest environmental standards. Moreover, the building was built with a focus on maximizing energy efficiency.
The building is designed to be a model of sustainability, with large windows maximizing natural light. The landscape is aesthetically pleasing with permeable paving, native drought-tolerant plants, and low-water-use faucets. The complex also meets the strict requirements of the Department of Environmental Protection (DEP). LEED Platinum certification is the goal, and the building is currently pursuing this certification. It is one of the few apartment buildings in the country to receive such a certification.
It offers studio, one- and two-bedroom apartments
Creston Avenue Residence is a new affordable housing development with 66 studio, one-, and two-bedroom apartments. Located in Bronx, New York, Creston Residence features studio, one-, and two-bedroom apartment layouts. The building is the first in a complex of this size that is funded by New York State Medicaid Redesign Team's Housing Capital Program. Residents will be able to take advantage of numerous amenities, including an on-site laundry.
Renting an apartment in Creston is relatively affordable, with rents ranging from $475 to $2,800. The average price for studio, one-, and two-bedroom apartments is $1,023, while one and three-bedroom apartments rent for around $1,153. Rents for three and four-bedroom apartments start at $1,039.
It is located near the East-West line
If you're looking for a great location in the East, consider Creston Residence. This 60-unit, low-density condominium is located in District 15 - close to popular east-coast attractions such as Katong and the Joo Chiat entertainment district. The condominium is also near a shopping mall and dining areas including the Odeon Katong and Parkway Parade. Residents enjoy a convenient location, as they can walk or take the bus to get anywhere they want to go in a matter of minutes.
Residents of Creston were originally from the city and moved to the suburbs to escape the noise and dirt of the city. Only a small number of the original settlers still live in the neighborhood. This article by Richard Schmal highlights the history of the town. The article also shows the connection between Creston and Tinkerville. The community club, which was established in 1887, was responsible for arranging many community events. The club had monthly meetings and included lectures, plays, and music.
It is affordable
The Town of Creston has hosted a housing affordability forum this Wednesday to gather residents' thoughts and ideas about how to increase the availability of decent affordable housing. Michael Moore, Chief Administrative Officer of the Town, presented information about the current housing market and past trends. According to the latest census, Creston's population grew eleven percent between 2006 and 2016. Meanwhile, the rent for a home rose 27 per cent. These trends are resulting in a growing gap between housing affordability and the median income in the town.
The housing developer financed the project by using low income housing tax credits and tax-exempt bonds. The low-income tenants of the Creston Residence are required to earn less than 50% of the area's median income. However, they may have to pay up to 30% of their area's median income, which is set aside for low-income housing. Some units are not subject to the LIHTC. The Housing Collaborative and Volunteers of America will oversee the project, and it is slated to be completed this summer.