The affordable housing lottery has launched for 6-05 129th Street, a four-story residential building in College Point, Queens. Designed by Fang Architect and developed by Weis Design Corp, the structure yields 24 residences. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $84,103 to $238,160.
New renderings have been revealed for a 3,000-unit masterplan on the former site of the Flushing Airport in College Point, Queens. Designed by S9Architecture and developed by Cirrus Workforce Housing and LCOR Incorporated, the 80-acre wetland site give rise to multiple buildings spread over 20 acres, with the remaining space devoted to park land that incorporates the existing ecosystem. The site is generally bounded by 20th Avenue to the north, Linden Place to the southwest, and a pair of commercial facilities to the southeast along the Whitestone Expressway.
New York-based real estate development firm Triangle Equities has secured $50 million in pre-development financing for a new multi-story logistics facility in College Point, Queens. The loan was arranged by JLL Capital Markets and provided by Centennial Bank. This financing marks an important step toward the development of the planned 425,000-square-foot industrial site located at 30-02 Whitestone Expressway.
Wildflower, a New York City-based developer, has secured a $94 million construction loan to complete a sprawling warehouse and logistics center at 28-02 Whitestone Expressway in College Point, Queens. The building will debut as the College Point Logistics Center and will comprise about 322,000 square feet of built-up area.
Permits have been filed for a three-story mixed-use building at 20-22 College Point Boulevard in Flushing, Queens. Located between 20th Avenue and 21st Avenue in College Point, the interior lot is closest to the Main Street subway station, serviced by the 7 train. Jinjie Wu under the AJ88 Development LLC is listed as the owner behind the applications.
