The Durst Organization has acquired, for $173.5 million, the high-profile mixed-use development site at 29-37 41st Avenue, in Long Island City’s Court Square section. The new owner plans to build a tower with 1,000 rental apartments, rising as tall as 914 feet above street level, the New York Times reported. It’s expected that 25 percent, or 250 units, will rent at below-market rates through the housing lottery, Real Estate Weekly reported. The project would also include the creation of a half-acre public park. The sale included the vacant 14-story, 49,300-square-foot commercial building at 27-29 Queens Plaza North, an individual landmark, which was expected to receive a renovation by the same previous developers.
An anonymous Woodside-based LLC has filed applications for a four-story, eight-unit mixed-use building at 69-12 Woodside Avenue in Elmhurst. The project will measure 16,672 square feet, including 2,849 square feet of medical offices on the ground floor. The residential units in the rest of the building should average 890 square feet apiece. There will also be seven off-street parking spaces, six of which will be housed in an underground garage. Hui Zeng’s Bayside-based ABC Engineering is the applicant of record. The 50-foot-wide, 6,099-square-foot lot is occupied by a two-story townhouse. Demolition permits were filed in March.
The growing Latino and Asian immigrant population in Elmhurst is fueling a construction boom in the central Queens neighborhood. The latest evidence: an application for a new apartment building at 87-12 58th Avenue, near the Woodhaven Boulevard stop on the M and R trains.
An anonymous Sunnyside-based LLC has filed applications for a four-story, six-unit mixed-use building at 87-35 162nd Street, in Jamaica Hills. The project will measure 8,078 square feet and include 556 square feet of medical offices on the ground floor, plus additional space in the cellar. The residential units on the floors above should average 893 square feet apiece. Djula Lukovic’s Astoria-based architecture firm is the architect of record. The 40-foot-wide, 4,000-square-foot lot is occupied by a two-story house. Demolition permits have not been filed.
Long Island-based Epoch Property LLC has filed applications for a five-story, 15-unit residential building at 455 Onderdonk Avenue, in Ridgewood. The project will measure 16,381 square feet and its residential units should average 671 square feet apiece, indicative of rental apartments. It will also include a nine-car garage on the ground floor, plus additional amenities. Chang Hwa Tan’s Flushing-based architecture firm is the architect of record. The 50-foot-wide, 5,183-square-foot assemblage consists of a two-story mixed-use building and a single-story warehouse. Demolition permits have not been filed.