Tag Archives: Real Estate

Public comment period open for cleanup of Ridgewood site


| agiudice@ridgewoodtimes.com

Photo courtesy New York City Office of Environmental Remediation

The latest site in an industrially zoned area of northern Ridgewood slated for redevelopment requires a serious cleanup, according to the state Department of Environmental Conservation (DEC).

A recent report found that there were several semi-volatile organic compounds (SVOCs) and metals above cleanup guidelines at the site, located at 175 Woodward Ave., which had been used for storage of wooden pallets and shipping containers. Two mixed-use buildings, with ground-floor commercial space and apartments above it, are slated to rise on the site.

Soil vapor samples taken from the location revealed chlorinated solvents above the monitoring/mitigation level ranges established by the state Department of Health.

Now that the extent of the contamination has been assessed, the DEC is drafting a Remedial Action Work Plan (RAWP) to propose remedial actions to clean the site for redevelopment.

The RAWP proposes two cleanup options for the site: an unrestricted use soil cleanup plan, which would remove an estimated 850 tons of soil/fill from the site and properly dispose of it off-site; or the construction of a depressurization system underneath the building.

The unrestricted use option would, for development purposes, require that 75 percent of the property be excavated to depths of 11 feet below grade, while the remaining 25 percent will be excavated to 4 feet below grade. In addition, a hotspot area identified within 4 feet of the excavation site will be further delineated and excavated to depths of 14 feet below grade.

If the unrestricted use proposal is not selected, the DEC will move forward with plan B, which includes the installation of an active sub-slab depressurization system and a soil vapor barrier/waterproofing system below the concrete slab, as well as behind foundation walls of the proposed building. The plan also calls for the construction and maintenance of an engineered composite cover consisting of 6 feet of concrete slab below the footprint of the new building, and a concrete cap for the rear yard portion.

Before any form of cleanup takes place, the Office of Environmental Remediation (OER) is accepting public comments on the draft RAWP.

Residents can submit comments to Amanda Duchesne, project manager for OER, at 100 Gold Street, 2nd Floor, New York, NY 10038, by phone at 212-341-2077 or by email at ADuchesne@dep.nyc.gov; and Shaminder Chawla, deputy director for OER at the same mailing address, by phone at 212-442-3007 and by email at SChawla@dep.nyc.gov.

The OER is accepting public comments on the draft RAWP for until Aug. 15.

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See it: Contemporary Bayside Gables mansion selling for $6.5M


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of Douglas Elliman Real Estate and MLSLI

BY KIRSTEN E. PAULSON

With a full-sound recording studio, media room and bar, the contemporary house at 214-40 27th Ave. in Bayside is a musician’s dream and an entertainer’s delight.

This house, which is listed by Douglas Elliman Real Estate for a price of $6.5 million, offers six bedrooms and five and a half bathrooms, and a total of nearly 20 granite-floored rooms.

An open floorplan kitchen and formal dining room on the first floor are ideal for anyone who loves to cook and prepare delectable meals for family and friends. For those who prefer more solitary dining, as well as outdoor seating, there’s a kitchenette and two private terraces to choose from on the second floor. Residents of this house can stay in shape with a third-floor gym, and cool off with a swim in the backyard in-ground pool.

Other features of this house include a laundry room, five fireplaces, a four-car garage, and an in-ground sprinkler system.

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Huge mixed-use waterfront complex planned for former Flushing supermarket site


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of PropertyShark/Scott Bintner

BY KIRSTEN E. PAULSON

The former Asian grocery Assi Plaza, located in Flushing, is about to change hands again to make way for redevelopment.

Eastern Consolidated’s Capital Advisory Division has negotiated a $42 million bridge loan from a private lender on behalf of Triple Star Realty LLC, which used the loan to purchase the nearly 100,000-square-foot property on which the former supermarket sat. The total acquisition cost was upwards of $90 million.

Triple Star Realty plans to raze the existing structures on the former supermarket site in order to develop a 631,752-square-foot, mixed-use waterfront complex that will consist of a 360-unit condominium and a 200-room hotel, as well as a supermarket, retail and office space, and parking. The development will be comparable to other large-scale projects, such as Sky View Parc, Flushing Commons and Willets Point.

Located at 131-01 39th Ave., Assi Plaza had served the Flushing community from 1994 until September 2014, when it was sold to Outlet Plaza LLC by Rhee Brothers Inc., which owns the supermarket chain.

“Through Eastern’s close relationship with the lender and the hard work of all involved, we were able to negotiate a larger loan and facilitate the closing,” said Jonathan Aghravi, the managing director of Eastern Consolidated’s Capital Advisory Division, who helped lead the financing team. “We now look forward to working with the borrowers on procuring the construction financing for the project.”

 

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Astoria multifamily building on sale for $1.5M


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of Cushman & Wakefield

A three-story, six-unit building near Astoria Park and the new Astoria Cove development site has hit the market, according to real estate company Cushman & Wakefield.

The multifamily building located at 429 27th Ave. in Astoria is being exclusively sold by Cushman & Wakefield and has an asking price $1,500,000.

The site contains about 4,080 square feet on a 20-foot-by-100-foot lot and the building consists of two two-bedroom units and four one-bedroom units. All are rent stabilized.

“The way Astoria’s waterfront is being developed will have such a positive impact on the properties in the near vicinity, so we are seeing a lot of interest in that part of the neighborhood,” said David Chkheidze of Cushman & Wakefield, who is exclusively marketing this property with Ilya Tolmasov.

“This building offers tremendous upside potential in an area that is rapidly emerging,” Tolmasov added.

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LIC building set to be completed by end of summer


By Queens Courier Staff | editorial@queenscourier.com

A rendered image of the completed building.

BY KIRSTEN E. PAULSON

Façade work at 22-22 Jackson Avenue is nearly done, with about 95 percent of the building covered in glass windows.

According to The Court Square Blog, the 182-unit Long Island City building is set to be completed by the end of the summer, which is right on time with its construction schedule.

The building will have 118,563 square feet devoted to residential units and 5,723 square feet set aside for retail space. The building will also include amenities and luxuries such as storage for bikes, a library, a pool, a gym, a lounge, a communal rooftop space, enclosed parking and private terraces.

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See it: Meticulously restored Forest Hills home with wine cellar listed for $1.85M


By Queens Courier Staff | editorial@queenscourier.com

Photos courtesy of Terrace Sotheby's International Realty

BY KIRSTEN E. PAULSON

The house at 69-36 Harrow St. in Forest Hills offers comfort and luxury with five bedrooms, four and a half bathrooms, a wood fireplace with an elegantly carved mantle, and a 750-bottle wine cellar.

With a main-floor speaker system, a family room, and a rec room on a lower level, this home is ideal for an owner who loves entertaining guests, whether for an evening or a weekend. A spacious backyard provides the perfect setting for a garden party, while a sleek, modern kitchen and roomy dining area come ready-made for hosting dinner parties. The top floor of the home is just the right size for a cozy guest room, while a two-car garage could store a family car and a visitor’s car.

For the owner themselves, the master bedroom is spacious, well-lit, and comes with his-and-hers closets.

Other amenities of the house include cable- and Internet-ready wiring, a security system that includes interior and exterior cameras, and a lawn sprinkler system.

The house is listed by Terrace Sotheby’s International Realty for a price of $1.85 million.

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Would-be burglar fails to get into Forest Hills real estate office: NYPD


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of NYPD

The 112th Precinct is looking for the suspect who unsuccessfully attempted to burglarize a real estate office in Forest Hills on Monday afternoon.

According to police, the perpetrator allegedly lifted the screen of an open window at the Garden Square Realty office located at 4 Dartmouth St. at about 2:25 p.m. An employee reportedly spotted the would-be burglar, who then took off through the nearby West Side Tennis Club and to an unknown location.

The NYPD describes the burglar as a black male in his 40s standing 6 foot 1 inch tall who was last seen wearing a blue, orange and white shirt; a black hat; blue jeans; and white sneakers.

Anyone with information is asked to call Crime Stoppers at 800-577-TIPS (8477). The public can also submit their tips by logging onto the Crime Stoppers website or can text their tips to CRIMES (274637), then enter TIP577. All calls are strictly confidential.

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House of the Day: New Hyde Park Colonial – 4 Bedrooms, 2.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

NEW HYDE PARK, NY 11040
Total Taxes: $13,328
List Price: $779,000

Colonial, Detached, # Families: 1
9.0 rooms, 4 Bedrooms , 2 Full Baths , 1 Half Baths

School District: Community District 5
Adult Community
Year Built: 2003

Construction: Brick/Vnyl
Lot Size: 50X100
Appearance:

 

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Hw
A/C: Cac

Contact Info

Sophia Tseng

East Coast, REALTORS Inc
3520 Bell Blvd
Bayside, NY 11361

Tel: 718-428-2900

Refer to MLS Number 2471955

Eminent Domain dead, but Willets Point will still proceed


| lguerre@queenscourier.com

New York City rescinded its bid to acquire and develop Willets Point through Eminent Domain and may not be able to obtain it for a while, according to an opposing lawyer.
“They cannot condemn this property,” said Michael Rikon, the lawyer who represented Willets Point property owners against the city. “That would require starting from square one.”

Last week, lawyers for the city called Rikon to inform him of their withdrawal of the bid to acquire the neighborhood nearby Citi Field using Eminent Domain. Rikon was shocked but saw the move coming.

“My reaction was surprised, but I understood because there was no doubt in my mind that I was going to win,” Rikon said. “The city saw that as well.”

However, city representatives said they will continue to pursue a revitalization of the neighborhood.

“We’re very close to having a deal in place that will transform Willets Point into New York City’s next great neighborhood and continue the historic progress we’ve already made there,” said Julie Wood, a representative from the mayor’s office. “Last week’s action ensures that our plan will comply with the site’s myriad technical and legal requirements.”

Before Rikon learned of the city’s decision, he was getting ready to argue that the city didn’t treat the business owners fairly at the public hearings.

“They targeted 150 Hispanic businesses with over 650 employees and they didn’t hire a translator,” he said. “That was so disrespectful.”

Rikon added that the property owners were not properly informed of public hearings. He said they should have been told about them personally within 10 days.
He also denied that the city could have actually transformed the entire 60-acre land for public use because he said there would be too much work for the city to do on a $3 billion.

Rikon admitted that the city could still buyout tenants and property owners.

According to the NYC Economic Development Corporation, the plan to improve Willets Point included a full makeover “with retail and entertainment amenities, a hotel and convention center, mixed-income housing and public open spaces.”

Small problem with 1 WTC’s height feat


| jlane@queenscourier.com

The new World Trade Center’s claim to be the tallest building in the United States at 1,776 feet could turn out to be a tall tale.

Says who? The chief architect of 1 World Trade, David Childs.

Childs blasted the decision by the Port Authority and developer The Durst Organization to remove a design treatment at the top of the tower that could prevent the 408-foot spire from being counted toward the skyscraper’s official height.

That would make 1 World Trade shorter than Chicago’s Willis Tower, now the nation’s tallest.

[New York Post]

House of the Day: Jamaica Estates Colonial – 5 Bedrooms, 4.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

192-05 Randor Rd
JAMAICA ESTATES, NY 11432
Total Taxes: $7,000
List Price: $1,649,000

Colonial, Detached, # Families: 1
9.5 rooms, 5 Bedrooms , 4 Full Baths , 1 Half Baths

School District: Community District 26
Year Built: 1945

Construction: Brick
Lot Size: 72 X 100
Appearance: Diamond

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Ha
A/C: Cac

Contact Info

Solomon Davydov
E-Mail Realtor

Roman .Davydov

Exit Realty First Choice
18032 Union Tpke
Fresh Meadows, NY 11366

Tel: 718-380-2500
Visit Our Website Email Office

Refer to MLS Number 2493729

RKO Keith’s to rise: FAA approval means 17-story development will fly


| mchan@queenscourier.com

122107_RKO_cam_1_Final

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 to whether its height would pose a hazard to airline traffic.

Property owner and developer Patrick Thompson had to resubmit his proposal to the FAA after a previous approval expired. The site’s last owner, Shaya Boymelgreen, received FAA clearance for the same proposal submitted in 2003, said Thompson’s spokesperson Michael Nussbaum, who added that plans for the tower’s height have not changed for the past six years.

An “unofficial preliminary determination” made by the FAA in January said the building would not disrupt flight patterns, but one day before the end of the allotted public hearing time frame, a Virginia resident, Christian Kellberg, filed objections against the $160 million project, Nussbaum said.

The federal agency overruled the petitions late last week, giving Thompson the go-ahead to proceed with his plans to preserve RKO’s landmark lobby and build 357 rental apartments, stores and a community center around it.

“I am now free to finalize and complete the financing with the current partners and banks and will begin constructing in the very near future,” Thompson said in a statement.
In March, Nussbaum said Thompson garnered additional support of “interested parties,” but he said developers were still not ready to identify the new financial backers.

The project’s start date was set back by the single detractor, but Nussbaum said the team will have a better idea of when construction will begin and end in a few weeks. He said the total construction period will still take approximately two and a half years.

The developers, Nussbaum said, are currently conducting a review with the design team. He said they will soon apply for a demolition license at the same time they erect a steel shell to encase and protect the landmark lobby during construction.

House of the Day: Kew Gardens Colonial – 4 Bedrooms, 5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

KEW GARDENS, NY 11415
Total Taxes: $7,449
List Price: $1,475,000

Colonial, Detached, # Families: 1
10.0 rooms, 4 Bedrooms , 5 Full Baths

School District: Community District 28
Year Built: 1940

Construction: Stucco
Lot Size: 50 X 100
Appearance: Super Mint

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, 2 refrigerators, 2 dishwashers, Dryer
2 Fireplaces
Wood Floors
Skylight: 1
Fuel/Heat Type: Gas, Ha
A/C: Cac

Contact Info

Mitra Hakimi

Mitra Hakimi Realty Group LLC
62 Berkshire Rd
Great Neck, NY 11023

Tel: 718-268-5588

Refer to MLS Number 2491641

DOT presents plan for Glendale plaza


| brennison@queenscourier.com

Photo Courtesy of Department of Design and Construction

Some locals are worried a proposed pedestrian plaza won’t be a walk in the park for drivers.

Under the plan, a public space would be constructed between famed German restaurant Zum Stammtisch and the Glendale Veterans Triangle, closing off 70th Street between Myrtle and Cooper avenues. Benches, greenery and outdoor seating for Zum Stammtisch would be installed, with the Glendale Veterans Memorial standing in the center.
The project, first proposed in February, was presented to the Glendale community by Department of Transportation (DOT) representatives at a meeting on Wednesday, May 2 at Redeemer Lutheran, a block from the selected location.

Raising the concern of residents was the inability of drivers to turn onto Myrtle or Cooper Avenues at the intersection adjacent to the plaza, removing another central access point for the major arteries in the area with 70th Street to be closed.

“It’s a little bit of give and take, we’re not going to make everybody happy,” said Emily Weidenhof, project manager of public spaces.
Rich Huber, who is on the Transportation Committee of Community Board 5, said that while he does not think the plaza is a bad idea, he is worried about the congestion confused drivers and those circling for parking will cause.

“There will be an adjustment period,” said Borough Commissioner Maura McCarthy. “But as people get used to the closed street, they will find their way.”
Ted Renz, executive director of the Ridgewood Local Development Corporation (LDC), said the organization will be responsible for the upkeep of the plaza — sanitation, removing tables nightly and maintenance. The LDC provides a similar service for the Myrtle Avenue Business Improvement District in Ridgewood.

Community Board 5 (CB5) is still awaiting DOT revisions and the plaza’s final plans, said District Manager Gary Giordano, before making a recommendation.

“I think having a pedestrian plaza at that location could be a lovely addition to the neighborhood,” Giordano said. “But we need to make sure that traffic concerns, especially safety, are addressed and need to prepare for any security issues that might arise.”

Though the DOT said that no security cameras would be installed, Zum Stammtisch’s owners said they would place a surveillance camera outside the restaurant.
The approximately $1.5 million plan, which has not yet been finalized, must still be presented to CB5’s transportation committee, voted on and reviewed by the Public Design Commission.

If approved construction would not begin until the fall of 2013 or spring of 2014.

House of the Day: Little Neck – 4 Bedrooms, 2 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

48-38 Glenwood St
LITTLE NECK, NY 11362
Total Taxes: $7,500
List Price: $1,150,000

Other, Detached, # Families: 1
11.0 rooms, 4 Bedrooms , 2 Full Baths , 2 Half Baths

School District: Community District 26
Year Built: 2010 , New Construction

Construction: Brick
Lot Size: 48 X 100
Appearance:

Interior Features
1 kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fuel/Heat Type: Gas, Steam

Contact Info

Jimmy Fu

Unimax Realty Co Inc
3640 Main St Ste 305
Flushing, NY 11354

Tel: 718-539-7100

Refer to MLS Number 2491472