As the city rolls out its latest plan to revitalize Jamaica, Queens, new building applications have been filed for a four-story commercial and community facility building at 167-14 Hillside Avenue, in the heart of downtown Jamaica.
The Wall Street Journal reports JetBlue Airways Corp. and MCR Development LLC are in advanced talks with the Port Authority to redevelop the vacant TWA Terminal at John F. Kennedy International Airport, in Queens. If a deal is agreed upon, a possibly $400 million project would include the construction of 500 hotel rooms split on either side of the terminal, and the likely conversion of the landmarked terminal structure into a restaurant.
The Court Square Blog notes that excavation has recently begun at 28-02 – 28-06 42nd Road, in Long Island City, where Hiwin USA LLC is developing somewhat mysterious tower apparently slated for Fall 2017. Per signage, the renderings shown a large mixed-use building, and Joseph Sultana is designing.
Applications have been filed for a two-story, two-unit residential building measuring nearly 1,800 square feet at the vacant lot 146-45 22nd Avenue, in southern Whitestone. Frank Petruso is designing, and the lot previously accommodated a three-story structure, sometime demolished over the last few decades.
The Real Deal has learned that two developers have acquired the the three-story property assemblage spanning 21-03 – 21-09 Astoria Boulevard, on the western side of Astoria, for $7.5 million. The site boasts 49,000 square feet of building potential, and the new owners plan to develop at least a seven-story, 60-condo-unit mixed-use building with retail space.
