THE CONDO BOOK PROJECT

N.y. Preferred Development

Held the general construction permit on the New Building job for 9 New York City condominiums, as the Department of Buildings records it. Each building below links its DOB job. A contractor replaced partway through still counts for the building.

Buildings
9
Residential units
119
Average $/unit
$746,573
Years
2020–2024
ManhattanBrooklynQueensBronxStaten Island Noble Lic Condominium, 27-09 40th Avenue26-31 3rd Street Condominium, 26-31 3rd StreetWillow Condominium, 30-37 32nd StreetSixty6 Condominium, 41-30 66th StreetEly Astoria Condominium, 23-10 30th Drive819 Lexington Avenue Condominium, 819 Lexington Avenue766 Decatur Street Condominium, 766 Decatur StreetTerrace 33 Condominium, 21-22 33rd Avenue147 Stanhope Street Condominium, 147 Stanhope Street

Pro · Advanced analysis

Recent Growth

N.y. Preferred Development's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

1 building accepted in 2024–2026 (2026 to date), against 4 in 2021–2023: down 75%. 14% of all 7 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
2024146
202311
202217
2021228

Latest: Noble Lic Condominium, accepted Mar 1, 2024. 2 plans without an acceptance date aren't counted.

Strongest Relationships

The firms named most often on the same buildings as N.y. Preferred Development, at least 2 in common.

Architects

  • HCN Architects3 shared buildings · 33% of N.y. Preferred Development's · 2021–2024

Sponsor's counsel

Sales teams

Property managers

  • FEMC Realty Inc.3 shared buildings · 33% of N.y. Preferred Development's · 2021–2024

Tax consultants

Construction lenders

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

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CondominiumAcceptedUnits$/unit
Noble Lic Condominium27-09 40th Avenue · Queens · new constructionSponsor: 40th Ave Dutch Kills Realty LLC · DOB job 421914539 ↗ · permits 2022–2024202446$986,326
26-31 3rd Street Condominium26-31 3rd Street · Queens · new constructionSponsor: R&R 2631 LLC; R&R 2633 LLC · DOB job 421948600 ↗ · permits 2020–202320231—
Willow Condominium30-37 32nd Street · Queens · new constructionSponsor: Pantheo Properties LLC · DOB job 421730693 ↗ · permits 2020–202220227$728,929
Sixty6 Condominium41-30 66th Street · Queens · new constructionSponsor: 41-30 66th Street LLC · DOB job 421410299 ↗ · permits 2019202114$583,429
Ely Astoria Condominium23-10 30th Drive · Queens · new constructionSponsor: 23-10 30th Drive Realty LLC · DOB job 421927222 ↗ · permits 2020202114$891,804
819 Lexington Avenue Condominium819 Lexington Avenue · Brooklyn · new constructionSponsor: 819 Lexington LLC · DOB job 321184311 ↗ · permits 2017–2018202010$612,100
766 Decatur Street Condominium766 Decatur Street · Brooklyn · new constructionSponsor: 766 Decatur LLC · DOB job 321189192 ↗ · permits 2017–2018202010$575,550
Terrace 33 Condominium21-22 33rd Avenue · Queens · new constructionSponsor: 21-22 33rd Ave LLC · DOB NOW job Q01178202 · permits 2025–2026—9$954,444
147 Stanhope Street Condominium147 Stanhope Street · Brooklyn · new constructionNamed as Preferred Design Group · Sponsor: 147 Stanhope LLC · DOB job 321529618 ↗ · permits 2018—8$640,000

$/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 contractor's name are counted together.