Queens

135-35 Northern Boulevard

RKO Keith’s Theater Mixed-Use Development Site Being Placed Back On The Market, Flushing

In 2013, Jerry Karlik’s JK Equities acquired the RKO Keith’s Theatre, an individual landmark at 135-27 – 135-35 Northern Boulevard in Downtown Flushing, for $30 million. The developer received approval to redevelop the severely dilapidated structure in 2015, but now Karlik is putting the development site back on the market, Crain’s reports. A new developer could build a 16-story, 269-unit mixed-use building with 24,493 and 15,727 square feet of commercial and community facility space, respectively. A buyer could also take advantage of a previously granted tax break. Studio V Architecture was behind JK Equities’ proposal, although a new owner could always choose to design a different building and go back to the Landmarks Preservation Commission for approval. Cushman & Wakefield is marketing the site.

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Rendering of proposal for 240-82 Beverly Road.

Landmarks Approves Addition to Home at 240-82 Beverly Road, Douglaston

Most of the decisions the New York City Landmarks Preservation Commission has to make involve structures in somewhat to very densely populated areas. However, the city, with its five boroughs, is quite large and diverse. Sometimes, the commission has to make decisions about more suburban areas. Such was the case last Tuesday when, for the second time in two weeks, the commission has approved the expansion of a single-family home in the Douglaston Historic District in Queens.

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Construction Update: 5-33 48th Avenue, Long Island City

While most ongoing projects in booming Long Island City involve ground-up construction, 5-33 48th Avenue, two blocks east of the East River, is a conversion of the type more commonly seen in the borough across that river. The renovation and expansion of a four-story manufacturing building into a seven-story residential property is well underway. The project will feature 36 units, as well as retail at the ground floor. Joseph A Sultana of JLS Designs Architecture is indicated as the general contractor on the project’s work permit.

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