Permits have been filed for a 15-story mixed-use building at 5119 Beach Channel Drive in Far Rockaway, Queens. Located at the intersection of Beach 53rd Street and Beach Channel Drive, the interior lot is closest to the Beach 60th Street subway station, serviced by the A train. The Arker Companies under the Peninsula Rockaway LP is listed as the owner behind the applications.
YIMBY recently sat down with Jerry Pi, of the eponymous Pi Capital Partners, whose principals are comprised of Jerry and his father. From developing affordable and market-rate housing in the Outer Boroughs, to a new skyscraper in Midtown Manhattan just steps from the Empire State Building, the firm’s activities in New York City have been extensive. Today’s interview covers the firm’s origins, the importance of transportation and infrastructure improvements to a functioning Midtown Manhattan, and what may be next in store for Queens, with the imminent completion of both JFK and LaGuardia’s renovations and expansions.
The housing lottery is now open for 52-41 Center Boulevard, one of two Hunter’s Point South towers on Long Island City‘s waterfront in Queens. Developed by TF Cornerstone and designed by ODA, 52-41 and 52-03 Center Boulevard will bring 1,194 new residential units in the form of studios, one-bedrooms, and two-bedrooms ranging in monthly rent from $698 to $2,704. Sixty percent of units will be allocated as permanently affordable to low-, moderate-, and middle-income families, and 100 apartments will go to low-income seniors. Available on NYC Housing Connect are the first 185 affordable units at 5241 Center Boulevard, part of a total 719 affordable units. Half of the total affordable units are set aside for the local community within Queens Community Board 2.
Under the consortium of “FWRA LLC,” developers Richard Siu of F&T Group, John Liang of Young Nian Group LLC, and William Xu of United Construction & Development Group recently announced plans for the Special Flushing Waterfront District, a major redevelopment in downtown Flushing, Queens. Designed by Hill West Architects, the master plan would transform an underdeveloped swath of land bound by Flushing Creek, Northern Boulevard, College Point Boulevard, and Roosevelt Avenue into a mixed-use community, while simultaneously restoring and upgrading the neighborhood’s public waterfront access. YIMBY reached out to the development team with ten questions on what’s to come for the project.
Permits have been filed for two two-story residential buildings at 172-54 and 172-58 Brocher Road in Jamaica‘s sub-neighborhood of St. Albans. Located at the intersection of Brocher Road and Merrill Street, the adjacent lots are closest to the LIRR St. Albans station, serviced by the Babylon and West Hempstead lines. Ryan Pedram of 1330 Teller NY Corp. is listed as the owner behind the applications.