Developer says no parking in plan citing transit access and cost
September 18, 2026 | Community Board 1, Bronx, New York City Borough, New York City, New York County, New York
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When asked if tenants would have parking, Richard Bass replied: "No, this project doesn't have parking." He explained the site is within a parking-restricted zone and the project team views nearby transit access as an alternative; he added that parking spaces cost between "$60 to $100,000 per parking space," which would make small projects infeasible.
Board members acknowledged residents' concerns about parking but the presenter said including parking would likely make the project economically unworkable under current market conditions and zoning constraints.
Board members acknowledged residents' concerns about parking but the presenter said including parking would likely make the project economically unworkable under current market conditions and zoning constraints.
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