THE CONDO BOOK PROJECT

Rising Developers Group

Named as the company behind the sponsor in 2 New York City condominium offering plans, in the plan's text; each building below cites the page (or, where the plan doesn't name the firm, the web source reporting it). The sponsor, which develops and sells the condominium, is usually a company formed for the one building.

Buildings
2
Residential units
82
Average $/unit
$1.18 million
Years
2015–2018
ManhattanBrooklynQueensBronxStaten Island Greystone Condominium, 5-25 47th RoadFactory House Condominium, 42-60 Crescent Street

Pro · Advanced analysis

Recent Growth

Rising Developers Group's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

No buildings accepted since 2021. 0% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: Greystone Condominium, accepted Nov 21, 2018.

Strongest Relationships

The firms named most often on the same buildings as Rising Developers Group, at least 2 in common.

Architects

Sponsor's counsel

Sales teams

Property managers

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnits$/unit
Greystone Condominium5-25 47th Road · Queens · new constructionSponsor: Rdg 47th Road Owner LLC · Named on p. 120 ↗201812$1.59 million
Factory House Condominium42-60 Crescent Street · Queens · new constructionSponsor: Rdg-Stone Cutter 43rd Ave Owner LLC · Principals: Charlie Wong, Joseph C. Escarfullery, Joseph Palumbo, Jr., Moshe Jacobowitz, Robert Kunzweiler, Scott Zucker · Named on p. 120 ↗201570$775,679

$/unit is the offering price on the AG record divided by the residential units; the average is across the plans with both. Different spellings of one company's name are counted together.