Chetrit plans fifth apartment building at Jamaica hospital site

Project will stand eight stories and have 207 units

New York /
Jan.January 24, 2020 01:00 PM
Joseph Chetrit and 88-20 153rd Street (Credit: Getty Images, Google Maps)

Joseph Chetrit and 88-20 153rd Street (Credit: Getty Images, Google Maps)

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.

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.


Related Articles

arrow_forward_ios
263 West End Avenue (Google Maps)
Construction worker dies at Upper West Side building
Construction worker dies at Upper West Side building
89-01 165th Street in Jamaica (Google Maps)
Fruchthandlers buy Queens development site for $51M
Fruchthandlers buy Queens development site for $51M
Joseph Chetrit and 260 East 72nd Street (Getty Images, Google Maps)
Chetrit plans Upper East Side condo development
Chetrit plans Upper East Side condo development
Former New York City Buildings Commissioner Eric Ulrich (Photo Illustration by Steven Dilakian for The Real Deal with Getty, Facebook/Michael Wang)
NYC buildings chief resigns amid gambling probe
NYC buildings chief resigns amid gambling probe
New York City Buildings Commissioner Eric Ulrich (Photo Illustration by Steven Dilakian for The Real Deal with Getty, LinkedIn/Eric Ulrich)
NYC buildings chief questioned in gambling investigation
NYC buildings chief questioned in gambling investigation
A photo illustration of Mayor of New York City Eric Adams (Getty)
Proposed rules for emissions caps leave neither side happy
Proposed rules for emissions caps leave neither side happy
DOB NOW (NYC DOB, Getty)
Buildings Department audits plunge as agency closes loophole
Buildings Department audits plunge as agency closes loophole
427 Broadway and Robert Frey (HGetty, THCNYC)
Former Vegas club owner bringing cannabis museum to SoHo
Former Vegas club owner bringing cannabis museum to SoHo
arrow_forward_ios

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

Loading...