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Chetrit plans fifth apartment building at Jamaica hospital site
Project will stand eight stories and have 207 units
The Chetrit Group is planning another major project at its Mary Immaculate Hospital site in Queens.
The company will build an eight-story, 207-unit residential building at 88-20 153rd Street in Jamaica of about 133,000 square feet, according to plans pre-filed with the Department of Buildings Wednesday. The project will stand 80 feet tall.
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Chetrit is also planning a four-building, 481-unit complex on the hospital site at 150-13 89th Avenue. The project in Wednesday’s filing will be in addition to that one, not part of it, according to a source familiar with the company. Hill West will design both developments, which are on the same block, a short walk from the Parsons Boulevard subway station serving the E and F lines.
Representatives of the Chetrit Group did not respond to a request for comment.
Chetrit landed $200 million in construction refinancing from Square Mile Capital for the four-building complex in November. It previously received about $127.5 million in construction financing for the deal in 2016 from Bank OZK and Arbor Commercial Mortgage.