SB Development Group

Updated renderings of Nova at 41-05 29th Street - Fogarty Finger

Developers Secure $62M Loan for NOVA Condominium Tower at 41-05 29th Street in Long Island City, Queens

SB Development and Hazelton Capital Group have secured a $62 million loan to facilitate the completion of Nova, an 86-unit condominium tower at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger, the residential collection will range from studios up to three-bedroom layouts, with no more than five units per floor. The loan was provided by Northwind Group, a Manhattan-based real estate private equity firm.

Read More

Updated renderings of Nova at 41-05 29th Street - Fogarty Finger

NOVA’s Façade Progresses at 41-05 29th Street in Long Island City, Queens

Façade work is progressing on NOVA, a 24-story residential tower at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger and developed by SB Development Group, the structure will yield 86 condominium units in studio to three-bedroom layouts with sales and marketing led by Modern Spaces, as well as ground-floor retail space. SBGC, LLC is the general contractor for the property, which is bound by 41st Avenue to the east and 29th Street to the west.

Read More

Housing Lottery Launches for Rise LIC at 29-17 40th Avenue in Long Island City, Queens

The affordable housing lottery has launched for Rise LIC, an 11-story mixed-use building at 29-17 40th Avenue in Long Island City, Queens. Designed by Fogarty Finger Architects and developed by SB Development, the structure yields 103 residences. Available on NYC Housing Connect are 31 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $53,898 to $192,400.

Read More


The Nova Rises Toward Halfway Mark at 41-05 29th Street in Long Island City, Queens

Construction is rising rapidly on The Nova, a 24-story residential project at 41-05 29th Street in Long Island CityQueens. Designed by Fogarty Finger and developed by SB Development Group, the 290-foot-tall structure will yield 86 homes and ground-floor retail space on a triangular plot at the confluence of 29th Street and 41st Avenue. The developers recently secured a construction loan from SCALE Lending worth $55 million to complete the project.

Read More

Fetching more...