Queens

Developer Acquires Large Manufacturing Site At 23-30 Borden Avenue, Long Island City

10:00 am on February 23, 2016 By Reid Wilson

Developer Atlas Capital Group LLC, which done work across the country, has acquired the 276,705-square-foot warehouse at 23-30 Borden Avenue, in southern Long Island City, for $48 million. Bloomberg Business reports the warehouse serves as the home of Fresh Direct LLC, an online grocer, although the company will soon move to a new location currently being constructed in the Bronx. The Long Island City site is located within a manufacturing zone (M3-2) and currently yields 129,847 square feet of additional development rights under current zoning. But that could change if the developer initiates a zoning change or if the city moves forward with a general rezoning of the area, which could possibly allow for residential units to be built in this industrial section. Who is behind Atlas Capital Group, LLC? That will remain a mystery until the sale is complete.

83-67 116th Street in 2007, image via Google Maps

Permits Filed: 83-67 116th Street, Kew Gardens

6:30 am on February 23, 2016 By Rebecca Baird-Remba

Developers are slowly starting to pay attention to Kew Gardens, a middle-class neighborhood in eastern Queens with a burgeoning immigrant population. The latest proof comes in the form of a new building application for an eight-story apartment building at 83-67 116th Street, just east of Forest Park.

New Details For 11-Story, 56-Unit Residential Project At 11-51 47th Avenue, Long Island City

1:00 pm on February 22, 2016 By Reid Wilson

In August of 2014, YIMBY reported on applications for an 11-story, 56-unit residential building at 11-51 47th Avenue (a.k.a. 13-33 Jackson Avenue), in the Hunters Point section of Long Island City, located directly above the 21st Street – Van Alst Avenue stop on the G train. Then last December, YIMBY reported that excavation was imminent following the demolition of the site’s former two-story warehouse. Now, the New York Times has the latest details on the Fogarty Finger-designed project, which will be clad in exposed concrete and industrial-esque windows. We also have a few words from Chris Fogarty himself, Director of Fogarty Finger.

Rendering of the proposed Brooklyn-Queens streetcar, via Friends of the Brooklyn-Queens Connector

City Reveals More Details and Possible New Bridges for Brooklyn-Queens Streetcar

8:00 am on February 22, 2016 By Rebecca Baird-Remba

Three of the city’s top officials in transportation, housing, and economic development laid out the details of Mayor Bill de Blasio’s controversial plan to build a streetcar line along the waterfront from Sunset Park, Brooklyn to Astoria, Queens during a meeting with reporters on Friday.

30-07 Vernon Boulevard, image via Google Maps30-07 Vernon Boulevard, image via Google Maps

Permits Filed: 30-07 Vernon Boulevard, Astoria

7:00 am on February 22, 2016 By Rebecca Baird-Remba

The Durst Organization has just stopped construction on its sprawling megaproject on Hallets Point in Astoria, saying the taxes are “crushing” without the 421-a tax exemption. But developers are still rushing to build along the waterfront in the western Queens neighborhood. Developer Wayne Fried has filed applications for a seven-story, mixed-use building at 30-07 Vernon Boulevard, right next to Hallets Point and the East River.

Tower 28 In Long Island City About To Top Out As NYC’s Tallest Residential Outside Manhattan

4:30 pm on February 19, 2016 By Vitali Ogorodnikov

If you remember the recent topping out of 23-10 Queens Plaza South as the second tallest building in Queens, hearing of another contender usurping its place so quickly might give you a sense of déjà vu. In a testament to Long Island City’s dizzying pace of development, the title passes to Tower 28, previously known as 28 on 28th.

Foundation Work Underway At Six-Story, 24-Unit Residential Building At 11-30 45th Road, Long Island City

3:00 pm on February 19, 2016 By Reid Wilson

In the summer of 2014, YIMBY revealed renderings of the six-story, 24-unit residential building planned at 11-30 45th Road, in the Hunters Point section of Long Island City. Building applications were filed in December of that year and we last reported that excavation equipment arrived on site in October of 2015. The Court Square Blog now reports foundation work is underway. The new building will encompass 31,729 square feet and apartment units will average 931 square feet apiece. There will be 14 parking spaces on the ground floor and the structure will be topped by a penthouse for tenants’ recreational use. Century Development Group is developing the project and Flushing-based Raymond Chan is designing it. Completion is anticipated for the summer of 2017.

Foundation Works Begins For 27-Story, 168-Unit Residential Project At 27-19 44th Drive, Long Island City

11:00 am on February 19, 2016 By Reid Wilson

On-site renderings were revealed in November for the 27-story, 168-unit residential building under development at 27-19 44th Drive, in the Court Square section of Long Island City. Now, The Court Square Blog reports foundation work has just begun. Earlier this month, developer Twining Properties and investment parter CBD secured $70 million in financing for the project, which is being dubbed Watermark Court Square. The new building will measure 151,021 square feet in total and will include 2,807 square feet of ground-floor retail. The apartment units will average 730 square feet apiece and come in studio, one-, and two-bedroom configurations. Handel Architects is the architect of record. Completion is expected in the fall of 2017.

RKO Keith’s Theater Mixed-Use Development Site Being Placed Back On The Market, Flushing

4:00 pm on February 18, 2016 By Reid Wilson

In 2013, Jerry Karlik’s JK Equities acquired the RKO Keith’s Theatre, an individual landmark at 135-27 – 135-35 Northern Boulevard in Downtown Flushing, for $30 million. The developer received approval to redevelop the severely dilapidated structure in 2015, but now Karlik is putting the development site back on the market, Crain’s reports. A new developer could build a 16-story, 269-unit mixed-use building with 24,493 and 15,727 square feet of commercial and community facility space, respectively. A buyer could also take advantage of a previously granted tax break. Studio V Architecture was behind JK Equities’ proposal, although a new owner could always choose to design a different building and go back to the Landmarks Preservation Commission for approval. Cushman & Wakefield is marketing the site.

Nine-Story, 108-Key Hyatt Hotel Rises At 27-07 43rd Avenue, Long Island City

11:00 am on February 18, 2016 By Reid Wilson

In the summer of 2015, the nine-story, 108-key Hyatt Hotel being developed at 27-07 43rd Avenue, in the Court Square section of Long Island City, was a single-story above street level. The Court Square Blog now reports the project is seven stories up. The new building will encompass 59,411 square feet and will have 49,589 square feet of commercial space. That works out to hotel rooms averaging a relatively spacious 450 square feet apiece. There will be a dining area on the ground floor and a gym, meeting rooms, and office rooms in the cellar, according to the Schedule A. Flushing-based Michael Kang is the architect of record and Prakash Patel, doing business as an anonymous LLC, is the developer. Completion is expected later this year.

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