Sales are now underway at 22-18 Jackson Avenue, in Long Island City, Queens. The project has been dubbed ‘Galerie’ and is under development by Adam America and Vanke US. The structure is slated to rise 11 stories, and will offer 182 new condominiums.
Permits have been filed for a 24-story mixed-use building at 147-07 94th Avenue, in Jamaica, Queens. YIMBY last reported on the site in October 2016, when Phoenix Realty Group and Artimus Construction purchased it for $34 million. The site is one block away from the Jamaica LIRR Train Station, and the Sutphin Boulevard-Archer Avenue-JFK Subway Station, serviced by the E, J, and Z trains. Sutphin Boulevard Subway Station is six blocks further, serviced by the F train. Artimus Construction will be developing.
Permits have been filed for a four-story residential building at 380 Harman Street, in Bushwick, Brooklyn. The site is five blocks away from the Knickerbocker Avenue Subway Station, serviced by the M train. Josiane Lai will be responsible for the development.
Permits have been filed for a four-story residential building at 74-25 43rd Avenue, in Elmhurst, Queens. The site is four blocks away from the Roosevelt Avenue-Jackson Heights Subway Station, serviced by the E, F, M, and R trains, as well as the 74th Street Subway Station, serviced by the 7 trains. Qiu Fang LLC will be responsible for the project.
The world’s current tallest residential tower, 432 Park Avenue, has broken a record. Total sales of its condominiums have now surpassed $2 billion, and co-developers CIM Group and Macklowe Properties have made the announcement that their Midtown project has now achieved the all-time record for all of New York City. This news leaves the developers just $1.1 billion dollars shy of their expected total $3.1 billion sell-out.