Queens



Astoria Point. Photo by Michael Young.

Astoria Point Completes Construction At 21-07 Astoria Boulevard in Astoria, Queens

Construction is complete on Astoria Point, an 11-story residential building at 21–07 Astoria Boulevard in Astoria, Queens. Designed by Kao-Hwa Lee Architects P.C. and developed by Stagg Group, the structure yields 68 rental units in studio- to two-bedroom layouts, with 21 reserved for affordable housing. The project also includes ground-floor commercial space. The property is located on an interior lot by the intersection of Astoria Boulevard and 21st Street.

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70-28 Grand Central Parkway. Rendering courtesy of RJ Capital Holdings.

Developers Close On $125 Million Loan For 70–28 Grand Central Parkway in Forest Hills, Queens

Naftali Credit Partners and Madison Realty Capital have closed on a $125 million loan to develop 70–28 Grand Central Parkway, a 13-story residential building in Forest Hills, Queens. Designed by SLCE Architects, the 252,399-square-foot structure will yield 241 condominium units in studio to three-bedroom layouts. The project will also include a 100-vehicle parking garage and a collection of amenities. The 32,000-square-foot development site is located to the west of Grand Central Parkway between Jewel Avenue and 72nd Road.

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