BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.
Permits have been filed for a seven-story residential building at 64-10 Wetherole Street in Rego Park, Queens. Located between 63rd Drive and 64th Road, the through lot is a short walk to the 63rd Drive-Rego Park Station subway station, serviced by the E, M, and R trains. Tahoe Development under the 64-08-64-10 Wetherole Street LLC is listed as the owner behind the applications.
Permits have been filed for a seven-story residential building at 32-14 111th Street in Corona, Queens. Located between Astoria Boulevard and 111th Street, the corner lot is nearest the 111th Street subway station, serviced by the 7 train. Essex Plaza Management under the Astoria & 110th Street Associate is listed as the owner behind the applications.
A 50-story skyscraper could potentially rise from an assemblage of three undeveloped lots in the heart of Long Island City, Queens. The combined 25,177-square-foot parcel is known as QPX and consists of 30-25 Queens Boulevard, 29-00 Northern Boulevard, and 29-14 Queens Plaza East. The property is located adjacent to Sunnyside Yards and is sandwiched between two new high-rise developments.
Permits have been filed for three mixed-use buildings at 20-12 and 21-02 Mott Avenue, and 17-21 Redfern Avenue in Far Rockaway, Queens. The three structures are part of Phase 3 of the Rockaway Village complex, a five-phase development bringing eight buildings with retail, community facilities, and 1,700 new affordable housing units to an under-utilized area near the Far Rockaway-Mott Avenue subway station, serviced by the A train. Non-profit developer Phipps Houses under the Mott Center, LLC is listed as the owner behind the applications. Marvel Architects is listed as the architect of record.