“With the City and State mandated for MWBE participation, having Federated National Land on the team not only assists with satisfying the prerequisite, but it’s also great having a familiar group on the team.”

- Pierre Downing, Notias

Description

1300+ affordable units, retail space, landscaped public spaces, a playground, and an option for a 450-seat elementary school in the Bronx. This 6-phase project is part of the West Farms Redevelopment Plan, a rezoning that changes the neighborhood from industrial to residential.

Finance and Development Partners

Monadnock Development
Signature Urban Properties
RedStone Equity
NYS Housing Trust Fund
Bronx Borough President funding.

FNL's role

Federated National Land created zoning lot endorsements and lot mergers and provided full title services for this complicated, multi-phased, mixed-use, mixed-income $350M development. As new projects enter the construction closing, FNL will continue to provide title services as needed.

 

Compass Residences: 1300+ affordable units, retail and landscaped public spaces.