Here’s the next residential development coming to Far Rockaway

Building on Beach 9th Street would span about 78K sf

New York /
Aug.August 29, 2018 03:20 PM

128 Beach 9th Street in Far Rockaway (Credit: Google Maps)

Far Rockaway is getting yet another development.

Red Group Management filed plans with the Department of Buildings on Wednesday for a 60-unit complex at 128 Beach 9th Street. The development would stand 17 stories tall and span about 78,000 square feet, split between 73,000 square feet of residential space and 5,000 square feet of space for a community facility.

The project would replace a one-story commercial building.

Red Group did not immediately respond to a request for comment. The company purchased 128 Beach 9th Street in 2003 for $900,000, and the property is located right by its headquarters at 148 Beach 9th Street.

Several projects are on their way to the Far Rockaway neighborhood, which the City Council unanimously voted to rezone in September. Phipps Houses is planning to replace the Far Rockaway Shopping Center with its massive Far Rockaway Village residential complex, and Related Companies is planning a 145-unit project in the neighborhood close to its Gateway Apartments complex.


Related Articles

arrow_forward_ios
 Robert Morse, executive chairman of Bridge Investment Group, one of the major Opportunity Zone investors focusing on real estate.  (Bridge, Stanford)

Opportunity Zone investments got a boost in 2020

Opportunity Zone investments got a boost in 2020
333 Johnson Avenue with Royalton Capital’s Jin Lee, Sciame Construction's Frank Sciame and Normandy Real Estate Partners' Finn Wentworth (Royalton Capital, Sciame, Normandy)

Normandy sued by former partners for hiding Netflix deal

Normandy sued by former partners for hiding Netflix deal
Union Square Park to gain 2 acres in $100M plan (Getty_

Union Square Park to gain 2 acres in $100M plan

Union Square Park to gain 2 acres in $100M plan
Fabric co-founder, CEO Elram Goren (Getty, Elram Goren via LinkedIn)

Startup wants to bring “micro-warehouses” to vacant retail

Startup wants to bring “micro-warehouses” to vacant retail
Security around Trump Tower to be reduced after 45th POTUS leaves office. (Getty, The Trump Organization)

Fifth Avenue will look different after Trump leaves office

Fifth Avenue will look different after Trump leaves office
(Getty, iStock)

Booster shot: NYC real estate sees salvation in vaccine

Booster shot: NYC real estate sees salvation in vaccine
Before the pandemic, national tenants paid 94 percent of rent. (Getty)

Retail rent collections rebound to 90%

Retail rent collections rebound to 90%
Kirk Goodrich, president of Monadnock Development, is opposed to the bill sponsored by Bran Lander. (Getty, Monadnock Development)

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...