The Chetrit Organization launched leasing earlier this year for Parkhill City, a rental complex located just north of Rufus King Park in Jamaica, Queens. This week, the developer released new interior renderings including a first look at the property’s suite of residential amenities.
Development partners Newmark Knight Frank and Elms Realty Corp will soon debut a five-building mixed-use complex in Long Island City, Queens. Known as Urban Yard, the complex will eventually comprise 400,000 square feet of office and retail components in addition to a large parking garage.
J Frank Associates has released preliminary renderings of a recently approved residential development in Astoria, Queens. The seven-story building will be located on a 25,000-square-foot through-block lot at 26-30 4th Street.
Developer Teddy Li recently secured financial backing from Madison Realty Capital to facilitate completion of a new 240-key Staybridge Suites hotel in Long Island City. Located at 38-59 11th Street, the development will comprise approximately 183,000 square feet and top out at 24 stories.
Merchants Capital recently secured funding to redevelop a historic hospital structure in Jamaica, Queens into low-income and supportive housing. The announced funding package amounts to $21 million in the form of a Freddie Mac unfunded forward Low-Income Housing Tax Credit (LIHTC) cash loan on behalf of private affordable housing developer Dunn Development Corp.
