Sun Equity Partners and the Heskel Group have closed on the $27 million purchase of the 23,439-square-foot site at 40-31 82nd Street, located along Ithaca Street and Baxter Avenue in northern Elmhurst. The duo plan to build a seven-story, 160,000-square-foot mixed-use commercial building, The Real Deal reported. Dubbed The Shoppes At 82nd Street, it will feature 45,000 square feet of retail space on the ground and cellar levels, followed by 100,000 square feet of community facility space on the floors above. No new building applications have been filed at this time. An old, vacant movie theater, in addition to multiple single- and two-story commercial structures, must first be demolished. The 82nd Street-Jackson Heights stop on the 7 train is a few steps away.
D&F Development Group has recently filed applications for another 82-unit residential building, at 127-10 Locust Manor Lane, within their multi-building Locust Manor Estates development in South Jamaica. The project will rise 14 stories and measure 89,382 square feet. Its residential units should average 1,029 square feet apiece, indicative of family-sized configurations. All of the apartments will be subsidized rentals. Amenities include a community room, a 29-car parking garage, storage for 41 bikes, tenant storage, and laundry facilities. Gerald J. Caliendo’s Briarwood-based architecture firm is the architect of record.
Great Neck, N.Y.-based Woodland Home Sales Corp. has filed applications for two three-story, two-unit residential buildings at 108-46 – 108-48 37th Drive, in North Corona. The structures will each measure 5,945 square feet each and their residential units should average a family-sized 2,230 square feet apiece, indicative of condominiums. There will be a total of four off-street parking spaces. Gerald J. Caliendo’s Briarwood-based architecture firm is the architect of record. The 64-foot-wide, 8,124-square-foot plot is currently vacant. The 111th Street on the 7 train is three blocks away.
In October of 2015, the Port Authority of New York & New Jersey (PANYNJ) approved a multi-billion-dollar redevelopment plan to build a new Port Authority Bus Terminal, located on the site of the existing one between West 40th and 42nd streets along Eighth Avenue. The design competition has since narrowed down to five finalists, Crain’s reported.
On Tuesday, a proposal to renovate and expand a nearly century-and-a-half-old rowhouse on the Upper East Side’s southern end went before the Landmarks Preservation Commission. While the work on its front would be mostly welcome, the proposal for the roof and rear left one commissioner wondering how the application got this far.