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    Joy Construction

    40 Fulton Street, 21st Floor
    New York, NY 10038
    (212) 766-9651
    Website

    Joy Construction is a real estate developer based in the Bronx. The company was formed in 1995 by Amnon Shalhov and has developed more than 70 buildings around New York City, mainly in the Bronx.

    Joy's historic approach has been to concentrate on large-scale projects. In addition to developing such buildings, Joy also owns some as well. Among the properties owned by the developer are luxury building such as the Mantena at 431-439 W 37th Street, 445 West 36th Street and 331 East Houston Street and the Four Points hotel at 444 10th Avenue. It also helped develop the five-building Webster Commons apartment complex in in the Woodlawn neighborhood of the Bronx.

    Joy Construction has long-term ties with several real estate firms, including Maddd Equities, with which the developer has worked on several affordable housing projects, and YYY Third Avenue LLC, one of its joint affiliates.

    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Price $ 130,000,000
    • Publication Date 12/27/2019
    • Event Date 12/19/2019
    • Party 1 Joy Construction, Maddd Equities
    • Party 2 Natixis
    notes
    The lender issued a loan of $130 million for the Upper East Side property.
    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 90,000
    • Price $ 130,000,000
    • Publication Date 12/06/2019
    • Event Date 12/06/2019
    • Party 1 Maddd Equities, Joy Construction
    • Party 1 Brokerage Progress Capital
    • Party 1 Broker Brad Domenico
    • Party 2 Natixis
    notes
    The lender issued a loan of $130 million for the Upper East Side property.
    • Event Financing
    • Address 1184 River Avenue
    • Neighborhood Longwood Melrose
    • Borough Bronx
    • Price $ 64,000,000
    • Publication Date 07/05/2019
    • Event Date 07/02/2019
    • Party 1 Maddd Equities, Joy Construction
    • Party 2 Wells Fargo
    notes
    The lender issued a construction loan of $64 million for the Longwood Melrose portfolio.
    • Event Financing
    • Address 445 West 35th Street
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 98,576
    • Price $ 45,000,000
    notes
    The lender issued a loan of $45 million for the Hudson Yards property.
    • Event Sales
    • Address 235 Park Avenue
    • Neighborhood Clinton Hill
    • Borough Brooklyn
    • Square feet 67,000
    • Price $ 27,000,000
    notes
    The buyer purchased the Clinton Hill property for $27 million.
    • Event Sales
    • Address 202 Tillary Street
    • Neighborhood Fort Greene
    • Borough Brooklyn
    • Square feet 115,000
    • Price $ 30,000,000
    notes
    The buyer purchased the Fort Greene portfolio for $30 million.
    • Event Financing
    • Address 202 Tillary Street
    • Neighborhood Fort Greene
    • Borough Brooklyn
    • Square feet 115,000
    • Price $ 51,000,000
    notes
    The buyer secured an acquisition/construction loan of $51 million for the Fort Greene portfolio.
    • Event Financing
    • Address 411 West 35th Street
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 178,414
    • Price $ 86,000,000
    notes
    The partnership secured an $86 million refinancing for the Hudson Yards property.
    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Lenox Hill
    • Borough Manhattan
    • Square feet 90,000
    • Price $ 86,250,000
    notes
    The partnership acquired a $86.25 million new construction loan for the Lenox Hill building.
    • Event Office Leasing
    • Address 330 East 62nd Street
    • Neighborhood Lenox Hill
    • Borough Manhattan
    • Square feet 100,000
    notes
    The cancer center signed a 48-year lease.
    • Event Sales
    • Address 239 North 9th Street
    • Neighborhood Williamsburg
    • Borough Brooklyn
    • Square feet 68,000
    • Price $ 80,000,000
    • Price per foot $ 1,176.47
    notes
    The multifamily residential building sold for $80 million.
    • Event Office Leasing
    • Address 40 Fulton Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 6,143
    • Price per foot $ 37.00
    notes
    The construction company signed a long-term lease renewal and expansion on the 21st floor.
    • Event Office Leasing
    • Address 40 Fulton Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 6,143
    • Price per foot $ 37.00
    notes
    The construction company signed a long-term lease renewal and expansion on the 21st floor.
    Bronx, 10460
    JOY CONSTRUCTION, SOBRO DEVELOPMENT CORPORATION
    ...
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    JOY CONSTRUCTION INC.
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    JOY CONSTRUCTION, 2131 8TH AVE , LLC
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    Joy Construction, PARKSIDE COURT LLC
    642 Eldert Lane is a 55,548 square foot building in the East New...
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    Joy Construction, 2131 8TH AVENUE, LLC
    ...
    Brooklyn, 11208
    Joy Construction, PARKSIDE COURT LLC
    642 Eldert Lane is a 55,548 square foot building in the East New...
    Bronx, 10460
    JOY CONSTRUCTION INC.
    1808 Crotona Parkway is a 99,455 square foot building in the East Morrisania...
    Bronx, 10460
    JOY CONSTRUCTION, SOBRO DEVELOPMENT CORPORATION
    This property is a new development. The developer(s) filed plans in October of...
    Manhattan, 10026
    JOY CONSTRUCTION, 2131 8TH AVE , LLC
    2131 Frederick Douglass Boulevard is a 187,559 square foot building in the Harlem...
    Manhattan, 10026
    Joy Construction, 2131 8TH AVE , LLC
    ...
    Bronx, 10467
    3170 WEBSTER AVENUE
    3170 Webster Avenue is a 42,357 square foot property built in 2012 in...
    Manhattan, 10027
    159 WEST 127TH STREET OWNER LLC
    159 West 127th Street is a 15,000 square foot property built in 1910...
    Bronx, 10467
    JOY CONSTRUCTION, WEBSTER COMMONS, LLC
    3580 Webster Avenue is a 94,331 square foot building in the Woodlawn neighborhood...
    Bronx, 10460
    Joy Construction, JOY CONSTRUCTION CORP.
    ...
    Manhattan, 10001
    JOY CONSTRUCTION, YYY WEST 36TH STREET LLC
    This property is a new development. The developer(s) filed plans in December of...
    Bronx, 10467
    JOY CONSTRUCTION, WEBSTER BUILDING E LLC
    3556 Webster Avenue is a 67,727 square foot building in the Woodlawn neighborhood...
    Bronx, 10467
    JOY CONSTRUCTION, WEBSTER COMMONS LLC
    ...
    Manhattan, 10001
    JOY CONSTRUCTION, JOY CONSTRUCTION
    444 10th Avenue is a 48,264 square foot building in the Hell’S Kitchen...
    Manhattan, 10001
    Joy Construction, WEST 35TH STREET SBXLXVI LLC
    ...
    Manhattan, 10003
    Joy Construction, YYY THIRD AVENUE
    84 Third Avenue is a 72,954 square foot building built in 2012 in...
    Manhattan, 10018
    JOY CONSTRUCTION, EG WEST 37TH LLC C/O GEMSTONE PR
    431 West 37th Street is a 92,585 square foot building in the Hell’S...
    Manhattan, 10001
    Joy Construction, CARE REALTY CORP
    ...
    Bronx, 10467
    WEBSTER COMMONS LLC
    Filing for the construction of an 11-story new residential building....

    03/12/2019
    “It’s the architect as quarterback,” said Ariel Aufgang, founder and head of Aufgang Architects, a 44-person design firm based in Suffern, New York, which worked on Joy Construction and Maddd Equities’ mixed-use development at 411 West 35th Street...

    05/01/2018
    For mid-sized multifamily projects, with 25 to 199 units, a few affordable housing builders topped the list. Mega Contracting Group, an Astoria-based firm that does a lot of supportive and affordable housing work, was the No. 1 contractor, with 1.6 million square feet. Joy Construction, which also builds a lot of work in the sector, ranked second with 1.5 million...

    09/01/2015
    “When you’re building affordable housing, you start with land before you have anything,” said Eli Weiss, managing vice president of Joy Construction, which has 363 units under construction in the borough...
    Bronx, 10460
    JOY CONSTRUCTION, SOBRO DEVELOPMENT CORPORATION
    ...
    Manhattan, 10026
    Joy Construction, 2131 8TH AVENUE, LLC
    ...
    Bronx, 10460
    JOY CONSTRUCTION, SOBRO DEVELOPMENT CORPORATION
    This property is a new development. The developer(s) filed plans in October of...
    Bronx, 10467
    JOY CONSTRUCTION, WEBSTER COMMONS LLC
    ...
    Manhattan, 10001
    JOY CONSTRUCTION, YYY WEST 36TH STREET LLC
    This property is a new development. The developer(s) filed plans in December of...
    Bronx, 10460
    Joy Construction, JOY CONSTRUCTION CORP.
    ...
    Manhattan, 10001
    JOY CONSTRUCTION, JOY CONSTRUCTION
    444 10th Avenue is a 48,264 square foot building in the Hell’S Kitchen...
    Manhattan, 10001
    Joy Construction, WEST 35TH STREET SBXLXVI LLC
    ...
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