The Stagg Group has become one of the Bronx’s most prolific developers, with projects stretching from the East Bronx up to Riverdale. And their latest new building is now in the works at 3469 Cannon Place in Kingsbridge Heights, between the Jerome Park Reservoir and the Major Deegan Expressway.
Staten Island-based Leon Dasilva has filed applications for four two-story, multi-family residential buildings at 48-31 – 48-37 65th Street, in northern Maspeth, three blocks south of Queens Boulevard. The entire development will span 8,980 square feet in residential space, and each building will have two full-floor units averaging 1,120 square feet apiece. Joseph Sultana’s JLS Designs is the applicant of record.
The Dupler Group is putting the land under a five-story office building at 222-226 East 46th Street, in Midtown East, on the market as a 99-year lease; the property is being valued at around $30 million. The site contains 72,000 square feet of development rights, and a developer could demolished the existing structure for a 33-story residential tower with as many as 96 rental units. Newmark Grubb Knight Frank is marketing the property, per The Real Deal.
As Queens’ burgeoning Hispanic and East Asian immigrant communities grow beyond their traditional neighborhood boundaries, Elmhurst has seen a minor construction boom. Developers are scooping up cheap properties in the central Queens neighborhood and building hotels, office space, and of course housing. Yesterday’s filings brought plans for two four-story apartment buildings at 40-47 and 40-49 77th Street, between 41st and Roosevelt Avenues and next to the Elmhurst Hospital.
Last week YIMBY revealed two little market-rate projects on Alexander Avenue in Mott Haven. Now the same builder, JCAL Development, is planning the largest market-rate development that the South Bronx has seen in years. New building applications were filed earlier this week for a 12-story building a few blocks south at 329 East 132nd Street, near the Willis Avenue Bridge and the Harlem River waterfront.