April 21, 2017
New development is bringing new amenities to New York’s apartment market — and owners of existing buildings are taking notice. Nelson Management Group has added a new “state of the art” fitness center to the Hazel Towers Apartments in the Pelham Bay section of the Bronx.
“Our residents can now have access to affordable amenities once exclusive to luxury apartment buildings,” said Robert. S. Nelson, president of Nelson Management Group and principal of Global One Investments.
Hazel Towers is 99% occupied — and Nelson intends to keep it that way. It has spent $4 million on the 18-story tower since it bought the property at 1730-1740 Mulford Ave. in 1999. Rents start around $1,515 a month for a one-bedroom, near the top of the market for this part of the Bronx.
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