Tag Archives: shopping center

Maspeth shopping center sells for $56 million


| lguerre@queenscourier.com

Photo courtesy of Scott Binter/ PropertyShark

A shopping center in Maspeth is under new management after being sold for $56 million, according to city records filed Thursday.

The complex sits on two lots, 74-17 Grand Ave. and 53-01 74th St., which is the former home of Maspeth Bowl. It was bought by Shops at Grand Avenue, LLC and sold by CPT Grand Avenue.

The building, a one-story structure with more than 101,000 square feet of space, was built in 1996 and has a number of local stores and recognizable brands as tenants, including a Stop & Shop, Sleepy’s and Party City branch.

City records show CPT Grand Avenue bought the mall in 2009 for $33.5 million.

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New shopping center coming to Ozone Park


| lguerre@queenscourier.com

Rendering courtesy Platinum Realty

A new shopping center is being built in a vacant lot in Ozone Park, and owners are planning to have it completed in time for Christmas.

Platinum Realty Associates plans to build a one-story center on the plot of land where Cross Bay Boulevard and North Conduit Avenue intersect. The project is scheduled to be completed by Dec. 1 and could house as many as 10 tenants.

The firm hopes to secure a supermarket as the anchor tenant, but has not confirmed one as of yet.

In the rendering obtained by The Courier, there are parking spaces for the stores, but a company official could not confirm the exact number of spots that will be available.

 

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Plans reveal new shopping center could come to Glendale


| lguerre@queenscourier.com

Glendale Shopping Center

A 350,000-square-foot shopping center could be coming to Glendale, according to a brochure by Schuckman Realty obtained by The Courier.

The center will be located on 8200 Cooper Ave., next to The Shops at Atlas Park, and will be built in two phases.

Phase one, which is expected to be completed by fall 2015, consists of more than 137,000 square feet of retail, 133,650 square feet of storage, about 500 free parking spots and outdoor seating areas. While phase two will have about 80,000 square feet of retail and will be finished in spring 2016.

The proposed development will have three anchor tenants along with small stores, restaurants with outdoor seating and freestanding pad buildings with drive-thrus.

Some Glendale leaders and residents are worried the area will be inundated with traffic.

“I don’t think it is a very good spot to put more shops. There is too much traffic,” said Michelle Cook-Lopez, a member of the Glendale Property Owners Association. “Personally I think we need more manufacturing jobs. We are losing that in Glendale.”

Schuckman Realty did not return calls or emails for comment.

Glendale Shopping Center 8200 Cooper Av (1) by The Queens Courier

 

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