Tag Archives: F&T Group

See it: $2M Flushing penthouse condo deal closing soon


| lguerre@queenscourier.com

THE COURIER/Photo by Liam La Guerre  / Gallery photos courtesy of F&T Group

How much is the view of Flushing and Citi Field worth? If it’s at the new One Fulton Square — up to $2 million.

F&T Group, which owns the 12-story building, will close Tuesday on its most expensive residential condo — a three-bedroom unit on the penthouse level of the development — for $2,053,000, according to Helen Lee, a representative for the firm.

The home has 2,033 square feet with a wraparound terrace of nearly 1,100 square feet.

Take a look at the gallery below of a model unit that is similar to the condo.

 

 

 

 

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Plans for 16-story Two Fulton Square in Flushing moving ahead


| lguerre@queenscourier.com

THE COURIER/Photos by Liam La Guerre

With construction on twin 12-story towers at One Fulton Square wrapping up, The F&T Group is moving on to its sibling project at Two Fulton Square across the street.

The company filed plans with the Department of Buildings (DOB) on Tuesday for the project, which will be located on 39th Avenue between College Point Boulevard and Prince Street in downtown Flushing, about a block away from the No. 7 train.

One Fulton Square

The new building will be a 16-story mixed-use commercial, residential and community site sitting on 1,192,954 square feet, and will replace Flushing Mall.

Two Fulton Square will house 397 apartments in 368,868 square feet of residential space, and have 520 enclosed parking spaces, according to DOB filings.

It will also include 350,711 square feet of commercial space and 32,703 square feet of community space, according to the filings.

The 170-foot-tall building is being designed by Margulies Hoelzli Architecture. F&T Group is expected to file plans with the Board of Standard and Appeals for variances soon.

“The F&T Group has been evaluating a number of options for the redevelopment of the Flushing Mall site and recently submitted building plans to the NYC Department of Buildings as the first step in a potential future submission to the Board of Standards and Appeals (BSA),” F&T Group said in a statement. “Once our plans for the BSA are finalized, we look forward to sharing them with the community.”

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Flushing Boom: Development project to bring hotel, jobs


| aaltman@queenscourier.com

Photo rendering Michael Meyer

If you’re looking to lodge in the lap of luxury, a fancy Flushing facility may soon bring the opportunity to stay in style, closer to home.

Plans to construct a high-end, 168-room Hyatt Place hotel in Flushing are in the works, according to Michael Meyer, president of F&T Group, the company creating the accommodations.

Constructed by F&T Group’s in-house builder, Top 8 Construction, the hotel will be located on 39th Avenue between Prince Street and College Point Boulevard, directly across from the Flushing Mall.

According to Meyer, the hotel will be just one piece of a large development project, called One Fulton Square, which could potentially include retail shops, office space, condominiums and underground parking.  The hotel will cover 110,000-square-feet of the One Fulton Square’s 303,000- square-feet. In addition, the building will also have a roof-top pool and bar.

This resort will be the first Hyatt Place in Queens and the newest upscale hotel in Flushing, according to Meyer.

While the opulent inn has yet to be named, Meyer claims it will be a “limited service” hotel, meaning it will not provide meeting spaces, ballrooms or full-service restaurants. Meyer insists, however, that the adjacent retail space will host a breadth of food and beverage options.

“The One Fulton Square project is another example of Flushing’s business vitality and local economic strength, along with the willingness of companies to invest in our community,” said Councilmember Peter Koo, who added that the endeavor will create approximately 940 jobs.  “I look forward to welcoming Hyatt, business professionals and the new retail outlets to the Flushing business community.”