Developer behind Bedford Union Armory bringing 21-story rental tower to Jamaica

The company jointly owns 153-19 Jamaica Avenue with the NYC Partnership Housing Development Fund

TRD New York /
Aug.August 10, 2018 03:30 PM

153-19 Jamaica Avenue in Queens (Credit: Google Maps)

A joint venture between affordable housing developer BFC Partners and the NYC Partnership Housing Development Fund filed permits for a 21-story, 139-unit rental complex in Downtown Jamaica.

Plans for the site, at 153-19 Jamaica Avenue, call for a 104,300-square-foot structure on a 13,000-square-foot lot, according to permits filed with the city’s Department of Buildings on Friday. The development would be split between 99,100 square feet of residential space and 5,200 square feet of commercial space. Planned amenities include a tenant lounge, a laundry room and a gym. There will also be retail on the ground floor and a leasing office on the second floor.

The project builds on BFC’s portfolio of large residential developments. The company is behind the massive Bedford Union Armory project, which is expected to contain 400 rental units once it’s completed. BFC filed plans for the second residential building in the complex, a 60-unit building on President Street, last June.

The company, along with partners L+M Development, Taconic Investment Partners and Goldman Sachs, is also building a 14-story mixed-use building at 202 Broome Street in the Lower East Side. The property, part of the Essex Crossing complex, will contain 83 condo units at its upper floors.

The joint venture acquired the Jamaica property for $12.3 million. The proposed structure, which would stand 222 feet tall, will replace a two-story retail building. Demolition permits have yet to be filed.

BFC did not immediately respond to request for comment.

Related Articles

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

From left: the Ritz-Carlton, 32 East 1st Street, 560 West 24th Street, 301 East 80th Street and 32 West 85th Street

Five priciest homes new to market include 1897 townhouse

Ed Gilligan and 3 East 94th Street (Credit: Getty Images, Compass)

Don’t leave home without $21M: Amex exec’s widow sells townhouse

From left: Jed Wilder, Bess Freedman, Richard Grossman, Josh Sarnell and Adam Mahfouda (Credit: Emily Assiran) 

Agents to StreetEasy: The fee is too damn high

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

205 Park Avenue (Credit: Google Maps)

Developer files plans for mixed-use project facing BQE