The Real Deal New York

The top 10 biggest real estate projects coming to NYC

A development at 2926 West 19th Street on Coney Island topped the list
By Eddie Small | April 10, 2018 07:00AM

Renderings of 2926 West 19th Street and 11 West 118th Street (Credit: Prusik Group and Aufgang Architects)

Queens dominated the list of New York’s biggest projects in March.

The borough took six of the top 10 spots on the list, three of which were part of a large new mixed-use complex replacing a derelict shopping center in Far Rockaway. The others were located in Springfield Gardens, Astoria and Forest Hills.

However, the top two projects planned for New York City last month were both located in Brooklyn. The largest project was a 446-unit development out on Coney Island, while the second largest was a 330-unit project in Crown Heights. Brooklyn and Manhattan had two spots each on March’s list, while the Bronx and Staten Island did not have any.

The full list of March’s top 10 biggest real estate projects is below:

1) 2926 West 19th Street, Brooklyn
The largest project planned for New York in March came from L+M Development out on Coney Island. The Handel Architects-designed development would contain 446 residential units, span 424,789 square feet and stand 16 stories.

2) 1101 President Street, Brooklyn
The number two spot on March’s list went to the controversial Bedford-Union Armory project led by BFC Partners at 1101 President Street in Crown Heights. The 15-story project spans 300,487 square feet and contains 330 residential units, and Marvel Architects is designing it.

3) 1720 Village Lane, Queens
A trio of Far Rockaway properties comprised numbers three, four and five on March’s list. The largest of the three is located at 1720 Village Lane, where affordable housing developer Phipps Houses is planning a 12-story, 230-unit project designed by Marvel Architects spanning 275,180 square feet. The project would be split between 220,503 square feet of residential space and 53,600 square feet of commercial space. The buildings are part of what is being called the Far Rockaway Village, a mixed-income housing development with a public plaza and retail space that is expected to replace the Far Rockaway Shopping Center, long considered an eyesore in the neighborhood. The property was previously owned by notorious Queens landlord Rita Stark, who died in the fall of 2016 and was disliked by locals for refusing to develop her portfolio of properties.

4) 1725 Village Lane, Queens
Another portion of the Far Rockaway complex is slated to be located at 1725 Village Lane, where Phipps Houses is planning a 226-unit building that would span 255,446 square feet, split between 217,262 square feet of residential space and 38,184 square feet of commercial space. The building would stand 12 stories tall as well, filings show.

5) 1701 Village Lane, Queens
The third building in the Far Rockaway complex at 1701 Village Lane would be entirely residential. This Marvel Architects-designed building would contain 232 housing units spread across 15 stories and 229,477 square feet of space, according to permits.

6) 3 Platt Street, Manhattan
Manhattan’s first appearance on the list came in at number six with the Moinian Group’s TRData LogoTINY 250-unit 37-story building planned for 3 Platt Street in the Financial District. The building would span 213,579 square feet, divided between 169,838 square feet of residential space and 43,741 square feet of commercial space. Hill West Architects was tapped to design the tower, which would stand 464 feet tall and rise right next to Moinian’s Renaissance building at 100 John Street.

7) 161-11 132nd Avenue, Queens
The Fifth Avenue Committee is planning a 159-unit building in Springfield Gardens that would span 145,804 square feet. SMA Architecture was selected to design the senior housing project, which would stand 10 stories tall and is expected to be finished in June 2020. The project is an annex to the 12-story Northeastern Towers building currently on the site, and the units will be for low-income and formerly homeless seniors.

8) 37-01 30th Street, Queens
An entity called 37-21 30th Street Corp. filed plans for this mixed-use building in Astoria that would span 135,378 square feet, split between 133,452 square feet of residential space and about 11,000 square feet each of manufacturing and commercial space. Aufgang Architects was tapped to design the building, which would contain 199 residential units and stand 75 feet tall.

9) 107-06 Queens Boulevard, Queens
Another Queens project landed at number nine, with developer RJ Capital Holdings planning a 72-unit, 84,462-square-foot project at 107-06 Queens Boulevard in Forest Hills. Jarmel Kizel Architects was selected to design the 10-story building, which is split between 11,635 square feet of commercial space and 72,827 square feet of residential space. The site used to be home to a laundromat.

10) 11 West 118th Street, Manhattan
Another Manhattan project closed out the list with Camber Property Group’s plans for a development at 11 West 118th Street. The Aufgang Architects-designed project would span 82,112 square feet and contain 136 residential units. The developers have dubbed it Victory Plaza, and the project should cost $58.4 million. The residential units would be designated as affordable for seniors, and construction should finish late in 2020. The nonprofit group Harlem Congregations for Community Improvement is a partner on the project.

Top new permit applications in NYC
AddressNeighborhood and boroughDeveloperResi. unitsSq. ft.Architect
12926 West 19th StreetConey Island, BrooklynL+M Development Partners446424,789Handel Architects
21101 President StreetCrown Heights, BrooklynBFC Partners330300,487Marvel Architects
31720 Village LaneFar Rockaway, QueensEstate of Rita Stark, Phipps Houses230275,180Marvel Architects
41725 Village LaneFar Rockaway, QueensEstate of Rita Stark, Phipps Houses226255,446Marvel Architects
51701 Village LaneFar Rockaway, QueensEstate of Rita Stark, Phipps Houses232229,477Marvel Architects
63 Platt StreetFinancial District, ManhattanMoinian Group250213,579Hill West Architects
7161-11 132nd AvenueSpringfield Gardens, QueensFifth Avenue Organization159145,804SMA Architecture Planning Interiors
837-01 30th StreetAstoria, Queens37-21 30th Street Corp.199135,378Aufgang Architects
9107-06 Queens BoulevardForest Hills, QueensRJ Capital Holdings7284,462Jarmel Kizel Architects and Engineers
1011 West 118th StreetCentral Harlem, ManhattanCamber Property Group13682,112Aufgang Architects
Source: TRData analysis of NYC Dept. of Buildings records for new building ("NB") applications for permits pre-filed in March 2018.