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Rental Building News and Offers

Renderings of Sendero Verde with its 408-foot-tall signature tower  (L&M Development Partners) Renderings of Sendero Verde with its 408-foot-tall signature tower (L&M Development Partners)
Updated 12/28/2021 with affordable housing lottery details and criteria

When the massive, ambitious Sendero Verde plan is complete (estimated for 2024), this 700-unit, 395,000-square-foot East Harlem complex will become one of the most environmentally conscious developments in New York and the largest fully affordable Passive House in the world. Foundation work on its 34-story tower is underway as of this writing, and an affordable housing lottery has launched for the first phase, which is nearing completion.
Individuals and households earning $15,806-$162,800 (30 to 110 percent of the area median income) are eligible to apply for 324 apartments starting at $388/month for studios, $492/month for one-bedrooms, $582/month for two-bedrooms, and $662/month for three-bedrooms. The deadline to apply is February 25, 2022, and full criteria and application instructions may be found here.
Affordable housing NYC Lottery criteria via Housing Connect
 
 
 
 
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In addition to the new housing units, the city says that the first phase of Sendero Verde will feature community space for Union Settlement Association, space for a school with a full gymnasium, and an 18,000-square-foot courtyard with a children’s play area, adult outdoor exercise equipment, seating areas, and a performance stage. Moreover, community gardens that once inhabited the building site are being relocated to the development site.

Interior renderings depict open layouts with large windows, hardwood floors, and open kitchens with counter seating and stainless steel appliances. Residential amenities will include a gym, package lockers, central laundry room, bike room, computer room, and lounge/community room with access to outdoor space.
 
 
 
 
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Sendero Verde is taking shape in East Harlem, one block from Central Park and a half-mile north of Mount Sinai Hospital. The three-wing, nearly full block plan is being designed by Handel Architects and is already home to a nearly-finished 15-story building on East 112th Street and another 10-story building on East 111th Street. Delivery of those two buildings (phase 1) is estimated for 2022 while foundation work for the 34-story, 394-unit tower is ongoing.
Plans for Sendero Verde were finalized in the summer of 2019 through an agreement between the project's private developers, Jonathan Rose Companies, L+M Development, and Acacia Network, and New York CIty's Department of Housing Preservation and Development (HPD) and the Housing Development Corporation (HDC). The project is being financed through HPD and HDC’s ELLA (extremely low and low-income affordability) program, which creates new homes for low- to extremely low-income households. One hundred percent of the project's 695 units will rent at below market rents and 36 units will be set aside for formerly homeless families, which will have access to social services programs provided by Promesa.
 
 
 
 
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“Sendero Verde was conceived as a complete community of opportunity, a model of the future of affordable housing” - Jonathan F.P. Rose, President, Jonathan Rose Companies

The contemporary yet complementary design is underscored by Passive House construction. In addition to the integration of green space and gardens, it will incorporate triple-glazed windows, a highly insulated and airtight facade to reduce draft and energy loss, a highly efficient centralized energy recovery ventilation system, variable refrigerant flow heating and cooling system, and an optimized hot water recirculation strategy to reduce domestic water heating and cooling energy loads. As a result, Sendero Verde will use 60-70 percent less energy than a typical building of that size. Residents can expect to notice the difference in the form of reduced utility costs.

Sendero Verde is taking shape at a time when the New York City Council has passed a bill that effectively bans the use of natural gas in new construction buildings, thus requiring all electric power. The new policy will ban natural gas hookups in new construction buildings with fewer than seven stories by 2024, extending to July 2027 for buildings seven stories or higher. According to an estimate by the Rocky Mountain Institute, the measure has the potential to save about 2.1 million tons of carbon emissions, the equivalent of taking almost half a million cars off the road.
Owing to the affordable housing within, Sendero Verde would have been deemed essential construction at the height of the coronavirus pandemic. As construction on phase one continues, permits have been issued for phase two, which comprises a pair of opposing mid-rise buildings set to hold approximately 350 apartments. When all three phases are completed, Sendero Verde will bring approximately 700 affordable housing units, office and retail space, a new school, community and social service space, publicly accessible open space, and community gardens to East Harlem.
1691-Madison-Avenue-1 Early renderings of Sendero Verde via Handel Architects
Sendero-Verde-02 Early sketches via Handel Architects
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East Harlem housing
1691-Madison-Avenue-6 Google Earth aerial maps of Sendero Verde

Jonathan Rose Companies

Jonathan Rose Companies
Sendero Verde project info
1691 Madison Avenue
New York, NY 10176
(917) 542-XXXX
Map

Additional Info About the Building

 
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