Phipps moves forward with final stage of $1B Far Rockaway development

Phipps Houses is plowing ahead with the fifth and final phase of its nearly $1 billion, 1,700-unit affordable housing complex in Far Rockaway, Queens.

The nonprofit developer has filed plans with the city for the two buildings that will make up the final phase of Rockaway Village. The building at 16-25 Redfern Ave. will span about 288,000 square feet with 252 residential units, the developer said, and the one at 14-12 Augustina Ave. will span about 135,000 square feet with 133 residential units. Both will stand 12 stories and 125 feet tall, it said.

All the units in the two buildings will be designated as affordable. Phipps

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