The Queens Borough Board approved the $1.5 million sale of a vacant Flushing lot Monday, during its first meeting of the year.
Developers of the near decade-old $850 million Flushing Commons project have reportedly closed on a deal to buy the parking lot where the housing and retail complex will be built.
Fleet Financial Group plans to build a massive convention center and a luxury hotel and apartment complex in Corona, near Citi Field.
RKO Keith’s, a former movie house in Flushing, has changed hands again. Developer Patrick Thompson has sold the historic theater site for $30 million to JK Equities.
The development that would bring thousands of residential apartments, retail space and parkland to the Astoria waterfront at Hallets Point has gotten the final thumbs up. The City Council voted on Wednesday, October 9 to approve the plan presented by Lincoln Equities Group, the company behind the estimated $1 billion complex called the Hallets Point [...]
A deserted, seven-acre stretch of formerly industrial Astoria waterfront could soon have new life, as a New Jersey development group announced plans to build seven multifamily residential towers as soon as 2013. Lincoln Equities Group, the company behind the estimated billion-dollar complex called the Hallets Point project, said the buildings will have 2,200 units as [...]
Temperatures are not the only thing that’s been skyrocketing this summer. Development in Queens has been booming in the borough, with announcements of major projects, the near-completion of others, and talks of even more to come. Mayor Michael Bloomberg announced on June 14 the long-awaited, finalized plans for a Willets Point facelift that is expected [...]
Flushing’s future will have a revitalized, accessible waterfront — bridging the downtown area and Willets Point — if early projections proposed by a local development group become finalized. “Downtown Flushing, or the Flushing waterfront rather, is an area of enormous untapped potential,” said Nick Roberts, project manager at Flushing Willets Point Corona Local Development Corporation [...]
A coalition of Willets Point business owners are urging the city to repair severely deteriorated streets in their “forgotten land” before emergency response times are more hindered and further revenue is lost. “There is no reason to deny our neighborhood essential services. We are New York City taxpayers, and we will not tolerate having to [...]
While the curtain has long come down on a historic former movie house in Flushing, recent approval by the Federal Aviation Administration (FAA) has green lighted RKO Keith’s Theatre for Act 2. The proposed 17-story development will be built approximately 7,000 feet from the runway at LaGuardia Airport, which raised concerns in the past as [...]