Atrium at Sumner is one of several new affordable housing projects to break ground in the outer boroughs this summer as part of a public-private collaboration between city agencies and for-profit developers. The forthcoming property is located on Marcus Garvey Boulevard between Park Avenue and Myrtle Avenue on NYCHA‘s Sumner Houses campus in Bedford-Stuyvesant, Brooklyn.
Permits have been filed for a ten-story mixed-use residential building at 25-10 42nd Road in Long Island City, Queens. Located at the intersection of Crescent Street and 42nd Road, the 82,365-square-foot lot is one block south of the Queensboro Plaza subway station, serviced by the 7, N, and W trains. The Queens Plaza station is also within walking distance, serviced by the E, M, and R trains. Mason Chen of Greenpoint Construction Corp. is listed as the owner behind the applications.
Permits have been filed for a 12-story residential building at 261 Grand Concourse in Mott Haven, The Bronx. Located between East 138th and East 140th Streets, the 10,244-square-foot lot is one block west of the 138th Street-Grand Concourse subway station, serviced by the 4 and 5 trains. Binyamin Beitel of Besyata Investment Group is listed as the owner behind the applications.
Crown work is moving along on 3 Sutton Place, an 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 residential units with sweeping views of Manhattan. The site is a short walk from the Sutton Place Park North esplanade that overlooks the East River, Roosevelt Island, and Long Island City.
Construction is progressing on 435 West 19th Street, a three-story addition and residential conversion of a former warehouse building in Chelsea, Manhattan with Rand Engineering and Architecture listed as the architect of record. The steel-framed expansion will bring the structure to eight total stories with 18 units averaging 1,400 square feet apiece. Churchill Real Estate Holdings is the owner of the site, which went through a bankruptcy auction led by Meridian Investment Sales in the early months of 2020. The original owner Six Sigma filed for bankruptcy twice with over $40 million in debt after purchasing the property for $21 million in 2014. Countywide Builders Inc. is the general contractor for the project, which is located between Ninth and Tenth Avenues.
