Adam Mermelstein’s Treetop Development is going to be dropping serious dough on its big rental bet in the South Bronx — $160 million. The project will feature two 12-story rental buildings in the Mott Haven neighborhood that will collectively span 360,000 square feet, Crain’s reported. “I look at this area as equivalent to Williamsburg 20 years ago,” Mermelstein told Crain’s. “It has subway access, and because it has been so industrial, you can build from […]