Property Markets Group

10 Sullivan's curved facade

10 Sullivan Street Nears the Finish Line in Soho

The flatiron-shaped facade at 10 Sullivan Street in Soho has most of its hand-laid Norman bricks and curved glass, and workers are busily installing bathroom tile and gas fireplaces. The building will eventually top out at 16 stories and hold 22 condos on a triangular lot wedged between Sullivan Street, 6th Avenue, Spring, and Broome Streets.

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23-10 Queens Plaza South

44-Story Residential Tower Nearly Halfway Up At 23-10 Queens Plaza South, Long Island City

Nearly a year ago, construction kicked off at 23-10 Queens Plaza South — aka 23-01 42nd Road, in Long Island City — where Property Markets Group is developing a 44-story, 391-unit residential tower, with 30,650 square feet of office space on the third floor. Now the building is up to the 20th floor, according to The Court Square Blog, and glass is quickly encasing the structure. SLCE Architects is the architect of record, and completion is likely in 2016.



255 3rd Avenue

Residential Development Site At 253-255 3rd Avenue Expands, Gramercy

Last Summer, Apex Real Estate Investments acquired the three-story buildings spanning 253-255 3rd Avenue, in the Gramercy, and now the firm has purchased the buildings at 257-259 3rd Avenue for $15.7 million. According to Commercial Observer, initial plans were to build a 25-unit residential building with affordable units at Nos. 253-255, but it seems the site has been expanded. Bonus air rights are also available with the inclusionary housing bonus, but the rights will apparently be transferred elsewhere.


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