37-14 36th Street, Long Island City, New Development
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Currently vacant land, the property was once part of the Silver Start Motors dealership, which occupies the property across the street. The owner of the 37-14 36th Street, is also the owner of the Silver Start Motors. Michael Cohen, the owner, is developing the property and using the new commercial space for his dealership that will take up most of the first two floors in the new building. According to YIMBY “Apartments will be stacked on top, ranging from 12 units on the third floor to only two units on the 10th floor. There will be 85 apartments spread across 66,721 square feet of residential space, for an average unit size of 784 square feet.”
QueensBeans.com has learned that the development is a join venture between Mr. Cohen and developer Gal Sela of the Sela Group NY who developed, owns and manages the trendy Paper Factory Hotel next door. Mr. Sela confirmed the project, and said more details would be released after a foundation is put in. YIMBY also noted that the building is to include amenities such as “….43 parking spots and bike storage space in the cellar, indoor and outdoor recreation space on the third floor, gym, laundry room, and roof deck.”
The property is located next to the 36th Street M and R subway station station and on the busy Northern Boulevard, which has recently seen a massive push of office space with RXR’s Standard Motors Building one block up as well as Vornado’s new acquisition of the Center Building. The side of Northern Boulevard that the project is located in, is an area that was rezoned in the Dutch Kills neighborhood. Uses include for more mixed use and growth of residential buildings such as this one. This is to be the first new residential building in the area since the rezoning and with development sites in Hunters Point South, Court Square and Queens Plaza now finished, in progress or under planning, Dutch Kills is the next frontier for these developers.
QueensBeans.com will follow the progress and update periodically.