Tag Archives: Queens real estate

LIC warehouse sells for $37M, demolition on the way


| lguerre@queenscourier.com

Photo courtesy of Scott Binter/PropertyShark 

GDC Properties bought a warehouse in Long Island City that is ripe for development for $37 million, according to city records filed Monday.

The firm also applied for demolition permits with the Department of Buildings for the one-story 33,660-square-foot warehouse previously owned by Eunhasu Corporation. The warehouse is located at 11-22 45th Rd. in the Court Square area, which has seen numerous plans for development recently.

The property has 114,000 buildable square feet, according to The Real Deal.

Permits for a new building have not been filed at the site yet.

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Real estate roundup: Worst landlords in Queens, new 11-story Elmhurst building revealed


| lguerre@queenscourier.com

Photo courtesy of Scott Bintner/ PropertyShark

Sunnyside building winds up on ‘Worst Landlord Watch List’

“New York’s annual “Worst Landlord Watch List” was released last week and it included a poorly-run building in Sunnyside and one in Woodside. The list, released by Public Advocate Letitia James, reported that the third worst building in Queens—in terms of violations—is located at 43-15 46th Street.” Read more [Sunnyside Post]

Revealed: 70-32 Queens Boulevard, Elmhurst

“The new 69-unit residential building at 70-32 Queens Boulevard, in Elmhurst, is being designed by Flushing-based architect Michael Kang. It will include about 55,000 square feet of residential space, with all apartments around 800 square feet in size. In most of the city this would mean rentals, but these will simply be small condos, as is common in New York’s Chinese neighborhoods.” Read more [New York YIMBY]

Planned Parenthood Is Expanding to Queens

Planned Parenthood’s abortion services have made it the target of national activism and federal budget cuts. But in spite of vocal opposition elsewhere, the organization is about to expand in New York City, breaking ground Thursday on its only center in Queens.” Read more [New York Times] 

Watchmaker Bulova selling Woodside headquarters for $30M


| lguerre@queenscourier.com

Photo courtesy of Dnalor 01/ Wikipedia Commons

Bulova Corporation, a watch-making company, is selling its headquarters at 26-15 Brooklyn-Queens Expressway in Woodside for $30 million, according to a published report.

The firm, which has owned the two-story office building since moving there in 1986, shifted a portion of its operations into a 33,000-square-foot space in the Empire State Building three months ago, Crain’s reported.

The property also includes a 200-spot parking lot, a warehouse and three acres of land.

The Bulova lot allows for 60,000 square feet of additional building space, which is attractive for developers looking to increase the commercial space at the site.

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Real estate roundup: Inside the Hallets Point deal, what’s with the new structure on Parsons Boulevard?


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of Lincoln Equities Group, LLC

Anatomy of a deal: Inside Durst’s complex Hallets Point play

The Durst Organization is projected to spend about $130 million to acquire three parcels where it plans to build a massive $1.5 billion residential and commercial development known as Hallets Point in Western Queens, several sources told The Real Deal.” Read more [The Real Deal]

What’s it going to be?

“This construction site, 75-43 Parsons Boulevard is owned by Great Neck-based developer Mayflower Enterprise LLC. It posted two renderings on the construction wall. One shows a beautiful brick structure with a church bell tower on the corner. The yellowish rendering to the left, however, shows a boring two-story commercial structure without any architectural flair.” Read more [Queens Crap]

Brainstorm About the Future of Diversity Plaza in ‘Visioning Session’

“Officials are hosting a visioning session to discuss the future of Diversity Plaza. The Department of Transportation is set to host the meeting on Saturday, Oct. 18 at P.S. 69 at 77-02 37th Ave., starting at 2 p.m.” Read more [DNAinfo]

Astoria Cove criticizers hosting another City Hall rally ahead of Council meeting


| lguerre@queenscourier.com

Rendering courtesy of STUDIO V Architecture

Opposition to the Astoria Cove development isn’t going down without a fight as a City Council meeting for the project draws near.

Build Up NYC, which advocates for building service workers union 32BJ, is hosting a rally against the development outside City Hall on Wednesday at 4 p.m.

Hundreds of construction and building maintenance workers and Astoria residents are expected to turn out, hoping to urge the Council to vote against the land-use application for the project as it currently stands.

The Council is set to hold a review session on the project on Monday, Oct. 20, in the Subcommittee on Zoning and Franchises.

The advocacy organization believes the plan does not offer enough affordable housing and is also fighting for more jobs for unionized workers. The project calls for 345 units or 20 percent of the 1,723 dwellings to be affordable housing.

Despite Community Board 2 and Borough President Melinda Katz also opposing the project because of the lack of affordable housing, the City Planning Commission gave the project the green light last month with a majority vote.

Councilman Costa Constantinides reportedly agrees the project needs more affordable housing and that some of the low-income apartments are too expensive.

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Hunter’s Point South buildings now accepting affordable income housing applications


| lguerre@queenscourier.com

Photos and charts courtesy of Related

Starting Wednesday, people who want to live in the affordable housing apartments at the Hunter’s Point South developments can start applying through NYC Housing Connect or by mail.

There will be a 60-day period during which people can apply, after which a lottery will be held and prospective residents will be notified in early 2015. Residents are expected to start being placed by next year.

Hundreds of people packed informational meetings in recent weeks to learn about the buildings, which are being developed by Related Companies, Phipps Houses and Monadnock Development, and designed by SHoP Architects. 

“The interest was overwhelmingly positive and the amount of interest was really off the charts,” said Frank Monterisi, a senior vice president at the Related Companies, about the forums. 

Of the more than 900 units that will be available in the developments — 32-story Hunter’s Point South Crossing and 37-story Hunter’s Point South Commons — 186 units, or about 20 percent, will be low-income housing, and 738 apartments will be moderate- and middle-income housing.

Studio, one-, two- and three-bedroom apartments will be available for all of those income levels. Low-income rental prices start from $494 for a studio and max out at $959 per month for a three-bedroom, while eligible incomes range from about $19,000 to approximately $49,000 annually. Rents for middle- and moderate-income units range from $1,561 to $4,346 per month for household incomes of $55,200 to $224,020 annually.

HUNTERS POINT RENTS

Most apartments will be reserved for residents already in the neighborhood, city workers or people with disabilities. The buildings will reserve 50 percent of the apartments for people living within Community Board 2, 7 percent for those with mobility or hearing disabilities or those who are visually impaired, and 5 percent for city employees.

Although the apartments cater to low and moderate income families, the buildings feature views of the Manhattan skyline and many amenities, including a 24-hour attended lobby, on-site manager and staff, a party room, an outdoor terrace, a fitness center, a playroom, a bike room and an outdoor community garden.

“We basically look to build the same quality of amenities in our other housing projects,” Monterisi said. “Those are things people want.”

There will also be 250 parking spaces on a first-come, first-served basis for an additional fee.

HUNTERS POINT STEPS

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Influx of new commercial centers arriving in Bayside


| lguerre@queenscourier.com

THE COURIER/Photo by Liam La Guerre

Three new commercial buildings are coming to a section of Northern Boulevard in Bayside, bringing an influx of retail space to the neighborhood strip.

Jeewha Kim, president of 211 St. LLC, filed permits with the Buildings Department on Friday for a new three-story commercial center at 211-02 Northern Blvd.

The new building will have 19,993 square feet of space with 66 parking spaces when completed, according to city filings.

About a block away from that development site, permits were issued last year for a two-story commercial plaza at 212-14 Northern Blvd., and renderings have been posted on the construction site. However, a partial stop work order exists on the property.

This building, designed by Victor K. Han Architect, will have 12,030 square feet of space and 40 parking spaces, including some underground.

On-site poster

On-site poster

Also, 209 Northern Property LLC has almost completed its two-story commercial building at 209-35 Northern Blvd.

That development will have 24,865 square feet and 84 spaces for parking, according to city records.

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Woman says ex-con stole her Laurelton house with fake deed transfer


| lguerre@queenscourier.com

Photo by  Christopher Bride/ PropertyShark

She may have been hoodwinked out of the neighborhood.

A woman is alleging that an ex-con and his sons stole her three-bedroom Tudor family home in Laurelton with a fake deed transfer, according a published report.

Jennifer Merin is fighting in court to remove Darrell Beatty and his two sons from the home, while a criminal investigation is ongoing as to whether there is a crime ring behind fake deeds, The New York Post reported Sunday.

Merin was raised in the house with her mother and inherited the residence decades ago after her mother died, according to The Post.  She now lives in Manhattan and never rented the property, but paid the utilities and maintained it as “a sanctuary” to her family, the paper reported.

A jump in the water bill signaled to Merin something fishy was going on with the house.

She called cops and learned the Beatty family had moved into the house and said it legally belonged to them and when she went to the residence herself, she realized her possessions and car were missing and the locks where changed, according to The Post.

Beatty said in court papers that he rented the house from someone named Khalid Moore and paid $10,000 in rent, the newspaper said.

A deed transfer filed in city records last year showed that he obtained the house from an “Edith Moore.”

The Finance Department confirmed the deed was fake, The Post reported.

Beatty has not been charged with a crime.

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Real estate roundup: Tour of TWA Flight Center before transformation, two new Korean eateries coming to Astoria


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of Evan P. Cordes

Touring Saarinen’s Iconic TWA Terminal Before Redevelopment

“Crowds brave enough to make their way to JFK Airport on Saturday were transported back to the 1960s. The TWA Flight Center opened its doors as part of this year’s Open House New York weekend, and some visitors were even decked out in their vintage TWA attire.” Read more [Curbed]

New French bakery just days away from opening

“A new French bakery is about to open in Hunters Point. Cannelle Patisserie, a popular French bakery that opened in Jackson Heights more than six years ago, will be opening in the next week to 10 days.” Read more [LIC Post]

Two Korean restaurants to open in Astoria

Astoria is about to get a big taste of Korea. Two new Korean restaurants are expected to open in the next month, with one located on Broadway and the other on 30th Avenue.” Read more [Astoria Post]

Douglas Elliman announced The Pearson Court Square is fully leased in just four months

“Douglas Elliman Development Marketing, is pleased to announce The Pearson Court Square, a 14-story 197-unit rental building in the increasingly popular Court Square neighborhood of Long Island City, has been fully leased in just under four months.” Read more [The Court Square Blog]

Vacant lots of prime buildable land in LIC sell for $44M


| lguerre@queenscourier.com

Map courtesy of Google Maps

Three vacant lots in Long Island City near Queens Plaza that have potential for major development sold for $44 million, according to city records filed Thursday.

The seller is 42-26 28th St. LLC and the buyer is Eastern Star Development, city filings show.

No new plans or permits to build have been filed as yet for the lots, which are located on 42nd Road between 28th and 27th streets, but the property is surrounded by several tall buildings, such as the 22-story commercial glass building across the street at 42-01 28th St. and the 27-story residential tower adjacent to the lots at 42-25 27th St.

Also, directly north of the vacant lots, Heatherwood Communities is building a 58-story skyscraper at 42-12 28th St., which will become the tallest residential tower in the borough.

Excavation has mostly finished on that job, according to The Court Square Blog, and foundation work is beginning.  

The lots are zoned for mixed use so new developments could be a mixture of residential and commercial use.

The combined size of the property is 13,500 square feet. And a five-story building on the property was demolished in 2007, according to building records.

5-story development

Photo courtesy of Scott Bintner/ PropertyShark

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Real estate roundup: 5Pointz demolition progress


By Queens Courier Staff | editorial@queenscourier.com

Photos courtesy of Jeremiah's Vanishing New York

5Pointz Falling

“You can see the destruction as you roll past on the 7 Train, looking down into rubble. And get a closer look on the ground, through a grimy plastic window in the plywood demolition fence.” Read more [Jeremiah’s Vanishing New York]

5Pointz Demo

Queens’ ‘Forgotten River’ Looks Ahead to Cleanup and Change

“The 12th hole of the Pitch ‘N Putt Golf Course in Flushing Meadows Park might seem like an odd place to contemplate the future of New York City’s coastline. But if you stand there long enough, you might begin to see things.” Read more [Curbed]

New Ozone Park Public School Set to Open in Sept. 2017

“The city School Construction Authority indicated last week that the new public school designated to be built on an empty lot in Ozone Park is approximately 60 percent of the way through the design phase.” Read more [The Forum] 

Historic 124-year-old Woodhaven Wyckoff Building sells for nearly $3M


| lguerre@queenscourier.com

Photo courtesy of  Nicholas Strini/ PropertyShark

Woodhaven Village relic is trading hands after its owner went bankrupt.

The historic 124-year-old Wyckoff Building, which is known for its old-style architecture,  was sold for $2,801,188, according to city records filed Wednesday.

The Ozone Realty LLC, which bought the property on the corner of 95th Avenue and 93rd Street in 2007, filed for bankruptcy last year after failing to meet the mortgage on the building, which was held by New York Community Bank, according to city records. SDF30 93-02 Ozone Park LLC is the new owner of the building, records show.

The building has six residential apartments and two commercial units throughout four floors and more than 13,000 square feet of space.

Its architecture has characteristics of Queen Anne masonry and Romanesque Revival style semi-arched windows— features found in few properties in the area.

Photo courtesy of Project Woodhaven 

Photo courtesy of Project Woodhaven

The former home of Woodhaven real estate firm Wyckoff & Co., according to published reports, it remains a representative of Woodhaven Village, although that part of the neighborhood is now Ozone Park.

The Wyckoff Building also had a Moorish style dome atop its roof as older pictures of the property show.

The building was falling apart in the 1970s but later restored, according to Project Woodhaven, a blog that chronicles the neighborhood.

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Real estate roundup: Councilman Van Bramer against Sunnyside Yards development, converted factories prosper in LIC


By Queens Courier Staff | editorial@queenscourier.com

Map courtesy of Bing Maps

Van Bramer differs with Community Board Chair over the development of Sunnyside Yards

Councilman Jimmy Van Bramer said today that he is firmly opposed to building over the Sunnyside Yards. Van Bramer made the statement in response to Community Board 2 Chairman Joe Conley’s call last Thursday for a study to determine whether it would be feasible to build over a section of the yards, which consists of acres of land covered by railroad tracks.” Read more [LIC Post]

Transformed Factories Prosper in LIC’s Development Boom

“The renowned Scalamandre Silks company once dyed silks for the Kennedy White House and the Hearst Castle where Scott Kushner and his 10 employees now produce videos and reality shows. At the start of this year, after working out of Manhattan for 20 years, Mr. Kushner moved MediaPlace into a section of the bottom floor of the industrial warehouse developer Time Equities has fashioned into today’s Silks Building in Long Island City.” Read more [Commercial Observer]

Far Rockaway Job Fair Brings Sandy Rebuilding Work to Area

“A job fair will look to connect residents with Hurricane Sandy-related rebuilding and resiliency work. The Oct. 15 fair in Far Rockaway is organized by the Mayor’s Office of Housing and Recovery Operations, Workforce1 and other city agencies to help get residents hired on rebuilding projects.” Read more [DNAinfo]

Award-winning Forest Hills Gardens Tudor home sells for $2M


| lguerre@queenscourier.com

Photos courtesy of Terrace Sotheby’s International Realty

An award-winning Tudor-style home in Forest Hills Gardens has a new owner.

The residence at 60 Greenway North, a house that was awarded first prize in architectural design from the Queens Chamber of Commerce in 1928, sold for $2,060,000, according to city records filed Tuesday.

The 2,900-square-foot home, which was listed by Terrace Sotheby’s International Realty, has four bedrooms, three full bathrooms and an additional two half-baths.

It features a heavy-panel oak front door, hardwood floors, custom cabinetry and a large kitchen.

Take a look at the interior photos below.

 

 

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Real estate roundup: New Rego Park building rendering revealed, controversial luxury building opening in Elmhurst


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of GF55 Partners

Revealed: 65-70 Austin Street, Rego Park

“The building, designed by GF55, will fit in perfectly with the other seven-story buildings that have been erected on the south side of Austin Street over the past decade or two. The structures have been filling in a formerly industrial low-rise strip, set up against the Long Island Rail Road’s Main Line, right beside what used to be the Rego Park station, shuttered in 1962.” Read more [New York YIMBY]

Controversial High-End Building Opening as Part of Elmhurst ‘Renaissance’

“A controversial apartment building that was the subject of recent litigation is getting a luxury makeover as part of a hoped-for neighborhood “renaissance,” according to developers.” Read more [DNAinfo]

New program aims to battle the growing graffiti menace in parts of south Queens

“The residents of Richmond Hill, Ozone Park and Woodhaven are about to find out as officials kick off a new anti-graffiti program on Wednesday. For the first time, the Queens Economic Development Corp. is heading the program funded by City Councilman Eric Ulrich.” Read more [New York Daily News]