Last week BRP Companies, public officials, and project partners celebrated the grand opening of The Monarch at 92-29 Guy R. Brewer Boulevard in Jamaica, Queens. The 25-story mixed-use building brings 605 mixed-income residences to the downtown neighborhood, along with 20,000 square feet of state-of-the-art amenity spaces and 14,000 square feet of retail space to the community.
The affordable housing lottery has launched for Q-188, a full-block, seven-story building at 188-11 Hillside Avenue in Jamaica, Queens. Designed by EDI International and developed by Piermont Properties, the structure yields 93 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $165,230.
LISC NY and MURAL Real Estate Partners have finalized a $24.7 million construction loan for two projects on Hillside Avenue between 161st Street and 162nd Street in Jamaica, Queens. The funding, which is the largest in LISC NY’s history, will help to construct more than 230 affordable housing units and approximately 20,000 square feet of retail space in Jamaica.
Permits have been filed for a six-story mixed-use building at 179-07 Jamaica Avenue in Jamaica, Queens. Located between 179th Street and 179th Place, the lot is within walking distance of the Jamaica-179th Street subway station, serviced by the F train. Azahar Haque is listed as the owner behind the applications.
Earlier this week the New York City Department of City Planning revealed a draft of the new zoning framework for the Jamaica Neighborhood Plan. Developed from community input gathered over the past six months, the plan is designed to foster housing and economic growth, and also plans to improve public spaces and make critical infrastructure enhancements across more than 300 blocks in Jamaica, Queens.
