Sam Chang’s Great Neck-based McSam Hotel Group has sold their development site at 40-70 Delong Street, in downtown Flushing, to Flushing Point Holdings LLC for $44.5 million, according to Commercial Observer. The property consists of two tax lots currently occupied by a two-story warehouse building, but boasts 394,930 square feet of commercial development rights or 557,549 square feet of rights with the inclusion of community facility space. Plans for the site have not been disclosed.
Anthony Federici, doing business as AFMM LLC, has filed applications for a four-story, eight-unit residential building at 57-27 Granger Street, in Corona, a few blocks north of the LIE and a slew of bus lines. The building will measure 6,688 square feet, and units will average 836 square feet. Queens-based Gerald Caliendo is the architect of record, and demolition kicked off on the existing recessed two-story home late last month.
Frank Lam has filed applications for two four-story, multi-family buildings at 33-20 – 33-22 104th Street, in North Corona, located five blocks north of the 7 train’s stop at 103rd Street. Each building will measure 2,767 square feet and contain three residential units; at one per floor, two units will occupy the first two floors, while a duplex will span the top two floors. Suresh Manchanda’s Fushing-based L&C Associates is the applicant of record, and two existing single-family homes must first be demolished.
Last year, Slate Property Group won a rezoning for a junkyard at 176 Woodward Avenue in Ridgewood, where they planned an 88-unit apartment building with low-cost space for community groups and artists.
Within the past few months, motorists on the Brooklyn-Queens Expressway and nearby residents witnessed the rise of a tower crane to the east of the Kosciuszko Bridge, followed by two concrete pillars. They are seeing the progress on the east span of the Kosciuszko Bridge Replacement, the city’s first major new bridge since the Verrazano-Narrows opened over half a century ago in 1964.