New Development Week

Note to Queens, the Bronx and Staten Island: These new developments and conversions are headed your way

By Mayra David  | April 1, 2016 - 1:59PM
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The Grand, 131-05 40th Road in Flushing, Queens. Condo comprised of three towers with 750 units. It will feature a six-acre roof top, tennis courts, and a putting green, amongh other outdoor amenities.

Developers are transforming the architectural landscape of the entire city, resculpting its skyline. But while some boroughs may be more headline-grabbing than others, there's no denying that interesting and possibly more affordable residential projects with enticing amenities are cropping up everywhere. Our round-up continues with new construction and conversions all over the increasingly buzzy Queens and the Bronx, as well as Staten Island.

Queens

Washington Plaza
A 190-unit Art Deco prewar in Jackson Heights being converted to co-ops with spacious layouts, original details, private landscaped garden, fitness facility, and on-site laundry.

Address: 73-13 35th Avenue
Pricing: Starting at $375,000
Opening/occupancy: Sales launch in April 2016, move-ins slated for summer 2016
Developers/brokerage: Delta Management LLC (sponsors); Nu-Place Realty

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• 2222 Jackson  (pictured above)

An 11-story, 175-unit rental building in Long Island City with studios and one- to three-bedrooms, many with terraces. The building features a lounge, library space, gym, indoor pool, landscaped courtyard and roof-deck.
Address: 22-22 Jackson Avenue
Price range: $2,450/ month to more than $6,100/ month
Opening: Leasing starts April 2016
Developer/brokerage: Jeffrey Gershon; Triumph Property Group


• Grand Three (main image above)

A condo project comprised of three buildings with 750 units total in Flushing, with the Grand Three being the final tower. It features resident’s lounge, a fitness center, multi-purpose rooms, and a full-service spa. A six-acre rooftop above The Shops at SkyView Center offers access to a variety outdoor activities: two tennis courts, a pool, basketball court, running track, children’s playground, dog run, and putting green.

Address: 131-05 40th Road
Pricing: TBA
Opening: sales launch summer 2016
Developer: Onex Real Estate Partners  

• 44-72 Eleventh Street
105 units total, 83 are market rate. This Long Island City rental consists of studios, one- and two-bedrooms—some with private terraces. The building has a virtual doorman, gym, a landscaped courtyard, bike storage and on-site parkinng. 

Opening: Leasing this spring
Pricing: Studios starting at $2250/month, one-bedrooms at $3050/month, two-bedrooms at $3895/month
Developer/brokerage: Ekstein Development, MNS

• The Jackson
A 56-unit condo in Long Island City with plenty of amenities, including a social room, children’s play room, resident’s gym, a rooftop with private cabanas, underground parking, and a ground-floor retail component.
Address: 1333 Jackson Avenue
Pricing: $600,000 to $3 million
Opening: launched mid-March 2016
Developer: Ascent Development and Tavros Capital Partners


• Queens Pointe
This rental development in Elmhurst has 44 apartments (studios, one-, two- and three-bedrooms). Perks include a gym, resident’s lounge, 24-hour doorman, and a 250-spot parking garage.

Address: 90-02 Queens Boulevard
Pricing: Ranges from $1,600/month to $4,000/month
Opening: Expected May 2016
Developer/brokerage: Steve Wu; Modern Spaces

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• The Grove (pictured above)

62 studio, one- and two-bedroom rental units in Astoria; the building has a gym with private fitness training, virtual doorman, package room, and landscaped rooftop lounge.

Address: 30-40 21st Street
Pricing: Starting rents range from $1,950/month to $3,800/month
Opening: Launched Feb 2016
Developer: Tsilo Group

• The Baker House

48 studio, one- and two-bedroom rental lofts in Long Island City. Building amenities include gym, resident’s lounge, bike storage and a gourmet market on the ground floor.
Address: 41-07 Crescent Street
Pricing: Starting rents range from $2,174/month to $4,500/month
Opening: Leasing began January 2016; occupancy slated for April 2016
Developer/brokerage: Ranger Properties; Modern Spaces

• The Monarch

A 21-unit Long Island City condo building with one-, two- and three-bedroom units, including duplexes.

Address: 47-05 5th Street
Pricing: Starting at $700,000
Opening: Sales launch May 2016
Developer /brokerage: Newman Design Architecture, Modern Spaces


The Bronx

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• St. Augustine Apartments (pictured below)

A 12-story, 112-unit rental building in the Fairmont/Claremont Village section of the Bronx. Amenities include on-site parking, a landscaped terrace, a community room, and bike storage.

Address: 571 East 167th Street
Price: TBA
Sales launched: Estimated launch date is February 2017; building opens June 2017
Developer: St. Augustine Apartments LLC (c/o the New York Institute for Human Development Inc.)

 

Staten Island

• URBY Staten Island
Amenities for this rental development include an outdoor pool, communal garden with a farmer in residence, communal kitchen with chef in residence, a bike room, a two-floor fitness facility, and keyless building and apartment entry.
Address: 7 & 8 Navy Pier Court Staten Island
Prices: Studios from $1735/month, one-bedrooms from $2165/month, two-bedrooms from $3310/month (subject to change!)
Opening: Leasing just began this March; first move-ins are slated for mid-April 2016 at 8 Navy Pier Court; the rest of the development will open in phases.
Developer: Ironstate Development

• Lighthouse Point

A 13-story, 116-unit rental development in the St. George section of Staten Island with studios, and one- and two-bedroom residences. Amenities include a residents’ lounge, landscaped waterfront esplanade and patio, common roof deck, and on-site parking.

Address: 5 Bay Street
Pricing: TBA
Building Opens: Summer 2017
Developer/brokerage: 5 Bay Street Phase 3 LLC; Citi Habitats New Developments

***This story will be updated as we gather more information about new developments and conversions coming to the borough.

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