Highbridge Development Continues to Rise as Bronx Affordable Housing Project Advances

Real Estate In-Depth • May 29, 2026

As construction continues to rise over the Harlem River waterfront, the massive Highbridge development is becoming one of the most visible affordable housing projects currently reshaping the Bronx skyline.


The 31-story project at 1387 University Avenue recently reached major construction milestones and is drawing renewed attention as New York continues searching for solutions to its housing shortage. The development, led by Samaritan Daytop Village, will ultimately bring 422 units of affordable, supportive, and transitional housing to the Highbridge neighborhood, with completion anticipated in 2027.


The project officially reached its “topping off” milestone late last year, marking the completion of the building’s structural framework. As the tower becomes increasingly visible throughout the neighborhood, local attention surrounding the project has continued to grow.


Designed by Magnusson Architecture and Planning, the fully electric building will include 125 affordable apartments available through NYC Housing Connect, along with supportive housing units, transitional housing for families, landscaped outdoor space, rooftop recreation areas, and community facilities. The project is also pursuing Passive House certification and incorporates sustainability-focused design and energy-efficient systems.


The development reflects a broader trend across New York City as public agencies, nonprofit organizations, and developers continue investing in large-scale affordable and mixed-support housing projects amid ongoing affordability challenges and limited housing inventory.


For real estate professionals, projects like Highbridge also highlight the increasing role housing policy, zoning reform, sustainability initiatives, and public-private partnerships are playing in shaping the future of urban development throughout New York City and the surrounding region.



The project site itself carries historical significance within the Bronx community. The property previously housed a Carmelite monastery before later operating as a residential treatment facility through Samaritan Daytop Village. Portions of the original architectural elements are expected to be preserved and incorporated into the completed development.


As housing affordability remains one of the region’s most pressing challenges, developments like Highbridge continue to serve as high-profile examples of how New York is attempting to expand housing supply while integrating community services, sustainability, and long-term neighborhood investment.

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