NYC School Construction Authority

Architect Company

People:

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NYC School Construction Authority NYC portfolio

$856.7 million -specialty 50%, condo 16%, development 14%; Manhattan 32%, Queens 31%, Bronx 26%*

271th largest portfolio by dollar value

1,184,167 sqft – specialty 60%, development 10%, office 10%; Manhattan 34%, Bronx 34%, Queens 22%

428th largest by SF

66 properties – Staten Island 36%, Queens 24%, Brooklyn 18%

123th largest

2 residential units – Brooklyn 50%, Staten Island 50%

7046th largest by residential units

0 foreclosures, 0 bankruptcies, 92 other court cases.

Company Activity past 24 months:

Buyer company: 4 for $32.7 million

Developer (new building or major alteration): 12 for 894,450 square feet

Recent activity as company:

Anthony Fontana sold 17 East Reading Avenue, 51 East Reading Avenue, 49 East Reading Avenue, 45 East Reading Avenue, 43 East Reading Avenue, 39 East Reading Avenue, 37 East Reading Avenue, 33 East Reading Avenue, 31 East Reading Avenue, 27 East Reading Avenue, 25 East Reading Avenue, 23 East Reading Avenue, 21 East Reading Avenue, 15 East Reading Avenue, 11 East Reading Avenue, 9 East Reading Avenue, 7 East Reading Avenue, and 5 East Reading Avenue, Great Kills, Staten Island for $10 million to NYC School Construction Authority and City of New York on April 21, 2026.

Apostles of the Sacred Heart of Jesus sold 1651 Zerega Avenue for $5.2 million to NYC School Construction Authority and City of New York on September 23, 2025.

Apostles of the Sacred Heart of Jesus sold 1659 Zerega Avenue for $3.3 million to NYC School Construction Authority and City of New York on September 23, 2025.

Horizon Group sold 1571 72 Street for $14.2 million to NYC School Construction Authority on June 30, 2025.

Vishal Patel sold N/A Broadway, North Riverdale, Bronx for $3.5 million to NYC School Construction Authority on April 11, 2024.

• Jeffrey M. Loewy, Albert T. Loewy and Claire R. Loewy sold 6393 Broadway for $9.2 million to NYC School Construction Authority on April 11, 2024.

Eastone Equities, Xuan Cheng, Wei Guo, YiHun Chen and Jianfei Chen sold 137-23 45 Avenue for $81.8 million to NYC School Construction Authority on February 07, 2024.

St. Nicholas Home sold None for $10.2 million to NYC School Construction Authority on January 31, 2024.

Marc Beige sold 87-13 120 Street for $18 million to NYC School Construction Authority on October 12, 2023.

Madison Realty Capital sold 46-10 70th Street, Maspeth, Queens for $38 million to NYC School Construction Authority on May 01, 2023.

Latest Stories:

• City buying former Westchester Square convent land for $8.5M to build new school (September 04, 2025)

• City pays $14.2M to Horizon Group for school dev site in Bensonhurst (July 22, 2025)

• City pays $12.65M for school dev site in North Riverdale (April 24, 2024)

• City pays $81.8M to Eastone Equities, partners, for school dev site in Flushing (February 12, 2024)

• City pays $10.2M to St. Nicholas Home for new high school location in Bay Ridge (February 05, 2024)

• City schools pays $18M for industrial in Richmond Hill (October 19, 2023)

• City pays $38M to Madison Realty Capital for school condo in Maspeth (September 26, 2023)

• City pays $50M to Stawski Partners for new school location in LIC (April 11, 2023)

• NYC pays $36.9M for shuttered Catholic school in College Point (April 03, 2023)

• City files plans for 89K sf school in Bay Terrace, Queens (January 23, 2023)

Court Records:

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Properties:

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