50-25 Barnett Avenue
Update
07/19/24
Dev Lands $98M Loan for Sunnyside Affordable Housing Project
Developer, , has just secured a $98 million loan for a 7-story, residential project, set to rise at 50-25 Barnett Avenue in Sunnyside Queens. Issued by the New York City Housing Development Corporation, this influx of capital will be used to fund construction costs.
The building will contain affordable housing units. Plans also call for 5,512 square feet of community facility space.
Designed by , with to serve as the general contractor, the structure will stand feet tall and total square feet. The project site is currently a parking lot.