Confusion over the future of the 421-a tax exemption has slowed down new residential construction, but commercial development is alive and well across New York City, particularly in the outer boroughs. Yesterday, YIMBY spotted plans for a 16-story hotel in the industrial area just north of Queensbridge Houses in Long Island City.
The area, known among longtime residents as Ravenswood, is ripe with new hotel developments, and now we can add another one to the list. New building applications reveal that a 162-foot-tall hotel is coming to 38-70 12th Street, half a block north of America’s largest public housing complex.
The development will bring 139 hotel rooms to a sleepy block between 38th and 40th avenues. With 80,387 square feet of commercial space, average rooms promise to be relatively spacious by hotel standards. The first and 16th floors will have restaurants, and 10 or 11 rooms will occupy each of the middle floors.
The hotel will also include an open parking lot for five cars and an underground garage large enough for 27 cars.
Ampiera Group, which is based in Flushing, is developing the project. Jon K Yung’s My Architect PC – also based in Flushing – will design it.
The 16,140-square-foot site is currently vacant. It last changed hands in 2004 for $2.5 million.
A Howard Johnson was completed across the street in 2014, and the rest of the block is populated by an eclectic mix of small houses, warehouses, and a church.
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