190 21st Street

Condominium Project Planned At 190 21st Street, South Slope

Sterling Town Equities has acquired the two-story commercial building and adjacent vacant lot at 186-190 21st Street, off Fourth Avenue in South Slope, for $6 million. The new owners plan to demolish the existing structure to make way for a condominium development, according to Commercial Observer. The property boasts 20,034 square feet of building potential, and the purchase was made in cash.

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93-01 Sutphin Boulevard

Developer Acquires 93-01 Sutphin Boulevard, Plans 580-Unit Mixed-Use Development, Jamaica

BRP Companies has acquired the development assemblage at 93-01 Sutphin Boulevard, immediately north of Jamaica Center in Downtown Jamaica, for $19.5 million. The developer plans to build a mixed-use, two-building project measuring a total 755,000 square feet. Retail space will measure 100,000 square feet across a three-story podium, and 580 residential units are expected between 26- and 14-story buildings. Construction is slated to begin later this year, although a slew of low-rise commercial buildings must first be demolished. FXFOWLE is designing.

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