The Real Deal New York

Adam America files plans for 11-story LIC condo building

Developer's first Queens project will hold 175 condo units, 5K sf of retail

February 08, 2016 12:15PM
By Rey Mashayekhi

Adam America

From left: Omri Sachs and Dvir Cohen Hoshen

Adam America filed plans this weekend to build an 11-story residential tower in Long Island City – a 175-unit condo building that’s expected to feature nearly 5,000 square feet of ground-floor retail.

The Midtown East-based firm’s plans for a nearly 170,000-square-foot building at 22-12 Jackson Avenue, filed with the city’s Department of Buildings on Saturday, include a pool on the first floor, a gym and children’s playroom on the second floor and a rooftop “recreation area” atop the building. There will also be storage space for 91 bicycles on the first and second floors.

The condo building will hold 19 apartments on its second floor, as well as 22 units on each of the third through fifth floors and 21 units on the sixth floor. There will be 17 apartments on the seventh floor and 16 units on the eighth floor, while the ninth through 11th floors will hold 12 units each.

The project’s ground-floor commercial retail component will span just under 4,700 square feet, according to the filing.

Adam America acquired the development site at 22-12 Jackson Avenue — just across the street from MoMA PS1 — for $43.5 million last June from plastics manufacturer Plaxall, as The Real Deal reported. The company is reportedly partnering with investment firm MSD Partners on the project.

Issac & Stern Architects is designing the building, which will be Adam America’s first development in Queens. The company, led by Dvir Cohen Hoshen and Omri Sachs, is Brooklyn’s most active residential developer, by number of projects with more than 20 units, since 2009.

Neither Adam America nor Issac & Stern returned requests for comment.

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