Bluestone Organization | TRD Research
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Bluestone Organization

90-11 160th Street
Jamaica, NY 11432
(718) 264-1420
Website
[email protected]

Bluestone Organization is a full-service real estate development firm. The Jamaica, Queens-based family-owned company was founded in 1927 by Jacob Bluestone and it has since grown to become one of the leading developers in the borough. Bluestone has taken on several environmentally conscious projects in recent years, including the redevelopment of the old Rheingold Brewery site in Bushwick, which had been contaminated with hazardous materials. Bluestone converted part of the site into the Rheingold Gardens Partnership Homes before the citys brownfields program took off. The firm also developed the Andrew apartment building in Rego Park, which was at one time considered the greenest building in New York state, all while eschewing the LEED certification program. Bluestone also in 2011 helped redevelop land near Harlems historic Church of the Master into a 12-story condo. More recently Bluestone has teamed with Triangle Equities and L+M Development to build affordable housing in Rockaway Beach. Bluestone is a member of the Queens Chamber of Commerce.

  • Event Financing
  • Address 89-48 164th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 13,712
  • Price $ 62,600,000
  • Publication Date 07/01/2017
  • Event Date 06/05/2017
  • Party 1 Bluestone Organization, First Jamaica 164 Street Housing Development Fund
  • Party 2 New York City Housing Development Corporation
notes
The entity secured a $62.6 million mortgage for a low-income housing project.
  • Event Sales
  • Address 89-48 164th Street
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 13,712
  • Price $ 9,229,853
  • Price per foot $ 673.00
  • Publication Date 07/01/2017
  • Event Date 05/25/2017
  • Party 1 First Jamaica Community Urban Development Corporation
  • Party 2 Bluestone Organization, First Jamaica 164 Street Housing Development Fund
notes
The 2-story, 2-unit commerical in Jamaica was sold for $9.23 million.
  • Event Retail Leasing
  • Address 143 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 3,000
notes
The bank signed a long-term lease.
  • Event Retail Leasing
  • Address 152 East 118th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 1,019
notes
The physical therapy office signed a lease for ground-floor retail space.
  • Event Retail Leasing
  • Address 133 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 4,700
notes
The property is being developed in conjunction with the New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, and the New York City Housing Partnership.
  • Event Retail Leasing
  • Address 143 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 04/01/2006
  • Event Date 02/20/2006
  • Party 1 Bluestone Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Matthew Gorman, Allison Winters
  • Party 2 Wachovia
  • Party 2 Brokerage Garrick-Aug Worldwide
  • Party 2 Broker Jonathan Krivine
notes
The property is being developed in conjunction with the New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, and the New York City Housing Partnership.
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