Century Development plans 88-unit building in Jamaica

Project will be a mix of condos and rentals, with 15% of units affordable

TRD New York /
Apr.April 07, 2017 01:00 PM

Rendering of 148-31 90th Avenue (Credit: Raymond Chan Architect P.C.)

George Xu’s Century Development Group is planning an 88-unit residential building on a vacant site in Jamaica, the developer told The Real Deal.

The eight-story building at 148-31 90th Avenue will span 70,000-square-foot, and include a 44-car parking garage. Of the 88 units, 15 percent will be affordable, and market-rate rents will range from about $1,400 for a studio to $2,400 for a two-bedroom.

Xu intends to file a condo offering with the New York State Attorney General’s office and retain some units as rentals. He picked up the vacant lot on 90th Avenue for $5.7 million from Keung “Ken” Cheng, another Queens-based developer.

Raymond Chan Architects, the architect for all of the Flushing-based Century’s projects, designed the project. Renderings show a tri-colored facade, the colors alternating between segments of varying heights, and rooftop terraces between the penthouse units.

This is Xu’s second project in Jamaica, an area the developer said is changing rapidly. His first project, a 109-unit condo building at 148-33 88th Avenue, also designed by Raymond Chan, is currently under development. Xu is also developing two condo-hotel hybrid developments — a 250-key Westin hotel at 137-61 Northern Boulevard in Flushing and the 176-key Farrington project at 134-37 35th Avenue.

Related Articles


California passes landmark rent control law

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

The construction giants catching a Windy City windfall

David Marx of MDG Real Estate and the site at 71-05 Parsons Boulevard in Queens (Credit: Google Images and iStock)

Here’s a weird one: David Marx plans towers at Queens site he bought from his own company

Resi scorecard: Brooklyn and Queens condo inventory through June 2019

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Jeff Bezos and Amazon HQ in Silicon Valley (Credit: Getty Images)

Why Amazon HQ2 is already rattling the local housing market

Penny Bradley (Credit: Getty Images)

Upper East Side developer funded “lavish lifestyle” through mortgage fraud: Manhattan district attorney