TF Cornerstone this week debuted Luminescence Market, the first grocery store to open within the Hunter’s Point South complex in Hunter’s Point, Queens. The store is located at the foot of 5203 Center Boulevard, a 52-story residential tower that overlooks the East River.
The New York City Council voted Tuesday, November 21 to approve Innovation QNS, a $2 billion mixed-use development that will bring 3,200 apartments to Astoria, Queens. The development team behind the property includes Kaufman Astoria Studios, Silverstein Properties, and BedRock Real Estate Partners, which was forced to price around 1,400 apartments, or nearly half of the planned units, below market rate.
The New York City Housing Authority (NYCHA) has selected Asland Capital Partners, Breaking Ground, Douglaston Development, and SLM Architecture to complete a major rehabilitation project at Sack Wern Houses, a seven-building complex in the Soundview section of The Bronx.
Work has begun on the expansion and redevelopment of the historic Empire State Dairy Company Building at 2840 Atlantic Avenue in East New York. Designed by Dattner Architects and developed by The Moinian Group and Bushburg, the project involves the partial gutting of the existing low-rise building to support a 14-story tower with 320 residential units, 12,000 square feet of ground-floor commercial space, and a new charter school. The entire property will comprise 370,000 square feet.
The Hudson Companies has completed its acquisition of a mixed-use development site in Port Chester, a waterfront village in Westchester County. The site comprises two parcels at 27-45 N. Main Street and 28 Adee Street and will support a six-story structure with a mix of rental units, ground-floor retail, community facilities, and parking areas equipped with electric vehicle charging stations.