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Mixed Use

Mar 24, 2026

HP Park Lane Files Permits for 22-Story Bronx Mixed-Use Project

HP Park Lane Files Permits for 22-Story Bronx Mixed-Use Project

Traded Media

Traded Media
Traded Media

Traded Editorial

1 min read
  • HP Park Lane Family HDFC, Inc. files for new Bronx development
  • 207 residential units planned in Unionport
  • Located near Parkchester subway station

What the filing means for the Bronx development pipeline

Permits have been filed for a 22-story mixed-use building at 1933 Lafayette Avenue in Unionport, the Bronx. The project is being led by HP Park Lane Family HDFC, Inc., with Dimitrios Katehis listed as the owner behind the application. The filing signals early-stage progress for a sizable residential development in a transit-accessible Bronx submarket.

What the unit mix means for rental positioning

The development will deliver 207 residential units across approximately 154,600 square feet. With an average unit size of 746 square feet, the project is likely targeting a broad renter base with a mix of layouts. This unit sizing suggests a balance between efficiency and livability, aligning with workforce and market-rate rental demand.

What building scale and features signal for the project

The 226-foot-tall structure will include both open and enclosed parking, along with a cellar level. The concrete construction indicates a durable mid- to high-rise design typical of large-scale residential developments. These features position the project as a full-service rental building within the neighborhood.

What does location mean for long-term demand

The site is located near the Parkchester subway station, providing access to the 6 train and direct connectivity to other parts of New York City. Transit proximity remains a key driver of residential demand in the Bronx.

What this means for Bronx multifamily growth

This project adds to a growing number of residential developments in the Bronx, as developers continue to target neighborhoods with strong transit access and available development sites.

#New York#Mixed Use#Residential#Multifamily#Development Site
Published: Mar 24, 2026Last updated: March 24, 2026