Tag Archives: Economic Development Corp

Borough Board casts vote in first meeting of the year


| mchan@queenscourier.com

THE COURIER/Photo by Melissa Chan

The Queens Borough Board approved the $1.5 million sale of a vacant Flushing lot Monday, during its first meeting of the year.

Board members unanimously voted to allow the city’s Department of Citywide Administrative Services to dispose of a 2,500-square-foot parcel in the heart of Flushing to an entity of the city’s Economic Development Corp.

The property at 135-15 40th Rd. will then be sold to developer Success 88, to be built into a six-story building with commercial and office space. It will also have a community facility, which includes a school for English learners.

“This is a very good project,” said Councilmember Peter Koo, who represents the area. “It will bring prosperity and jobs to the community.”

Then-Borough President Helen Marshall approved the city’s ULURP plans in October.

The $4.5 million project is expected to begin construction in 2015 and end in late 2016, officials said.

Voting members of Monday’s board included Borough President Melinda Katz, the borough’s City Council delegation and Community Board 7 Chair Gene Kelty.

“Even though it’s my first meeting as the borough president, it’s not everybody else’s first meeting,” Katz said. “You guys have been doing great work, and I look forward to continuing that.”

“I look forward to having a very active borough board,” Katz said. “It’s an exciting time for us.”

Developers of the long-delayed Flushing Commons project also updated the board on changes to its $850 million plan, including a parking strategy that would keep the lot’s 1,144 spaces during construction.

“This will have a softer impact on the community,” said Michael Meyer, president of F&T Group. “I think it’s a win-win-win. We’re excited we’re finally getting started.”

The two-phase upscale complex, when complete, will include a total of more than 600 residential units, 500,000 square feet of retail space, a 62,000-square-foot YMCA and a 1.5-acre space with a fountain plaza and amphitheater.

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BP Marshall OKs city’s plan to dispose of vacant lots too small to develop


| mchan@queenscourier.com

Borough President Helen Marshall approved the city’s plan to dispose of four vacant lots that are too small to develop.

The Department of Citywide Administrative Services (DCAS) wants to remove the properties from its inventory in order to sell in the future.

Community Board 7 gave the department the green light last month.

The tiny plots of land in Mitchell-Linden, Flushing, College Point and Whitestone were created erroneously, according to DCAS senior planner Christian Grove. Some are as small as a patch of grass in between homes, Grove said.

The four properties were all acquired by the city for free, between 1955 and 1988, through the in-rem tax foreclosure process, according to a DCAS spokesperson.

DCAS representatives said the department would offer each of the four plots to adjacent owners but did not plan to subdivide and sell in pieces. Marshall said “every effort should be made to contact” them.

The borough president also followed suit with the community board in approving a second DCAS application to disown another property at 135-15 40th Road in Flushing.

The department plans to dispose of the property to NYC Land Development Corp, an entity of the city’s Economic Development Corp, which will then sell the land to developer Success 88 for $1.5 million.

Success 88’s $3.5 million project includes building a six-story building with commercial and office space and a community facility, which includes a school for English learners.

 

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