Madison Realty Capital has begun construction on a new mixed-use complex located near the southern boundary of Woodside, Queens. Developed in partnership with the New York City School Construction Authority, the complex will include a new public school, 478 mixed-income apartments, retail, and public outdoor space.
The development is located at 69-02 Queens Boulevard and will occupy an entire block bounded by 69th and 70th Streets to the east and west. Two opposing corners of the complex are flanked by a pair of mid-rise towers, one 15 stories and the other 12 stories.
The new school will occupy the first four floors of the 12-story East Tower fronting 47th Avenue and 70th Street. When complete, the facility will debut as PS Q340 and serve 476 students from pre-k through fifth grade. The 15-story West Tower will face Queens Boulevard and contain lower-level retail spaces. The upper levels of both towers will contain residential area.
“We are excited to partner with the NYC School Construction Authority to bring a state-of-the-art elementary school to the growing Woodside and Elmhurst neighborhoods,” said Josh Zegen, managing principal and co-founder of Madison Realty Capital. “Playing a positive role in the communities in which we invest is core to our investment philosophy and we are proud to bring employment and educational opportunities as part of this important project.”
Zegen continued that the commencement of construction is a direct result of ongoing support from New York City Councilman Robert Holden, the City Planning Commission, the City Council, and members of the community.
“The 476-seat school being built as part of this public-private partnership will go a long way toward meeting the community’s need for additional school capacity and is an excellent example of how we are building a more equitable Queens,” said Queens Borough President Donovan Richards. “The inclusion of a school in this project was wisely sought by neighborhood residents and community leaders and underscores the importance of having local input in the land use review process.”
Rooftop Proposal of 69-02 Queens Boulevard with Rezoning Action, via the Department of City Planning
Lot for 69-02 Queens Boulevard, via the Department of City Planning
The residential component will comprise 478 rental apartments. Thirty percent, or around 145 units, will be marketed as affordable homes. Residential amenities will include a state-of-the-art fitness center with a separate yoga room, a media lounge, shared laundry facilities, a storage room, an on-site parking lot, bike storage, and additional tenant lounges. Residents will also have access to a third-floor outdoor terrace, and a roof terrace with outdoor kitchens.
“After a long road, I’m very pleased that we were able to work together to give this area a school to provide nearly 500 badly needed additional seats for students,” said Councilmember Robert Holden. “New York’s most vital resource is our children, and they need all the help we can give them.”
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Great project and not too far from the 7 train. Queens has so much opportunity for more good development.
10 blocks from the 7. It has been stalled-equipment but no work for 6 months.
please email me a application. Thank you
“New York’s most vital resource is our children”
This lie is a surefire tell that there is massive graft going on here.
Good project. Let’s build!
Me gustaría aplicar para un Departamento de 1 dormitorio
Will they use union labor to build this new project?
There is no updated infrastructure to support this building complex. The 7 train is packed beyond capacity. The sewerage system remains the same. And the electrical grid is shot. There is no middle school. There is no public green space for rainfall and flooding. With what we learned regarding Covid-19,and how quickly viruses spread, building permits should be reassessed and we should be looking at smaller buildings with larger living conditions,green spaces and new supporting infrastructure for the overly populated and under invested area of Queens. We also need to look at how the tax relief created for ‘affordable housing’ is a rouse, and is not actually working for those who need it most. There is a surge of higher rents in areas created by developer’s and real estate agents, followed by these buildings with an incorrect median assessment of wages, forcing many people out of their homes. We also need to make landlords live in their rentals.
Retired would like a studio apt for myself no kids nor husband with a little down payment
Thank you
If is possible i need information how to get an application.
Please email me.
Thank you
Would like to have a one bedroom apt
Some downpayment
68 years old retired. I want an application please. Email me an application please. Thank you.
How to get an application for one bedroom appointment with good size living room I am a teacher assistant 63 years old my email address is [email protected] please sent me an application
I’m 62 yr interested please email me application [email protected] or mailed ada Terry 6907 43rd ave, Woodside, NY 11377 aptc3c
Looking to have a place in this apartment. How do i apply for affordable housing. Please send me application. Still work from ng but looking forward to retire at my own place.
Please send me an email for an application for a rental / coops . Thank you.
I want to apply for one bedroom me and my husband both were senior. Thanks & God bless!
I want an application for a one or two bedrooms, please email me an application th@NJ you.
Please email me an application thank you.
Please email me a application. I’m retired my husband will be retiring shortly. Looking for a one or 2 room apartment.
Apt to to rent
Please email me an application for one bedroom thank you very much
I will love to have 2 br apartment at this affordable price please contact me with application I really needed
Tracey slowly
February 17 2021
5.18 pm . please send Application
To Po box690299 E-Elmhurst
11369 thank you.