The NRP Group broke ground on a $214 million affordable senior housing project in the Bronx, developing it with Selfhelp Realty Group and Foxy Management, according to New Castle News.
The project is a joint venture among the three firms, which the report described as partners on the deal; New Castle News did not name a general contractor, architect, or exact address beyond placing the site in the Bronx.
The $214 million figure covers construction of an affordable senior housing community, per the report, though the story did not break out unit count, square footage, or a completion date.
This is NRP's second Bronx appearance on this desk inside two weeks — the firm also surfaced in a mixed roundup of conversions and groundbreakings covering the wider pipeline. A developer running two active Bronx jobs at once is a signal worth tracking for subs deciding which borough to chase next.
Affordable senior housing deals this size typically carry Low-Income Housing Tax Credits and city or state subsidy layers, which usually means prevailing wage requirements and M/WBE participation goals once the job reaches bid stage for subcontractors — neither confirmed yet in this report.
**What to do next:** If you're an electrical, plumbing, or finish sub working the Bronx, this is a name to watch for subcontractor outreach — affordable housing joint ventures this size almost always bid out trade packages once the GC is set. Watch NRP Group's and Selfhelp's own project pages for a bid notice, and check back on this desk as the GC and trade scopes firm up.