RKO theater located on 135-35 Northern Boulevard in Flushing Queens, has been purchased for $66 Million. The buyers, Xinyuan Real Estate, a Chinese based real estate developer plan to transform the theater into a 269-unit residential building with 2 floors of retail. This is not
According to a recent market report by Justin Liniado – Associate Director of Multifamily at CPEX, investment sales in the Queens multi-family market saw a year of strong, steady growth in 2015. Rising market rents and a steady increase in condo and commercial transactions has
Remember the former Asian grocery in Flushing, Assi Plaza? Well, this site is about to change into a waterfront complex.The property is about to change hands for a redevelopment project, as reports says. Eastern Consolidated’s Capital Advisory Division has just recently negotiated the sale of
In February, Queensbeans reported on JLL marketing a development cite for Citigroup for 780,000 square feet of development in Court Square of Long Island City. Now The Real Deal has reported that is has sold to a Queens based developer. Flushing developer Jia Shu Xu of C&G
Elysium NY LLC has filed applications for a seven-story, 22-unit mixed-use residential and community building totaling 17,103 square feet at 140-18 Cherry Avenue, in Flushing. Cheng-Yang Lee is the architect of record, and an existing two-story structure must first be demolished.
Flushing, Queens will have a new mixed-use 14 story building at 135-03 35th Avenue. C&G Empire Reality, LLC headed by Jia Shu Xu will be constructing a 206,968 square foot building to replace the existing warehouse. The building will have 134 units, as well as