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4-Story Residential, Retail Building Planned on Vernon Boulevard Corner

47-01 Vernon Blvd. (Google Maps)

Dec. 10, 2018 By Nathaly Pesantez

Development continues in Long Island City, as plans have recently been filed for a four-story building on Vernon Boulevard.

The plans, filed with the Department of Buildings on Dec. 5, call for 15-unit development at 47-01 Vernon Blvd., the current site of a one-story brick building.

The new building would span roughly 15,000 square feet, and includes space for two retail shops at the ground floor.

A small recreation space is also planned for the building’s second floor. One of the top floor apartments, meanwhile, will have access to a rooftop terrace.

The new building plans follow demolition filings put through for the current building back in October. The nondescript building, in a lot that includes parking space, had been occupied by Charge and Ride, a limo and car service company, for several decades.

47-01 Vernon Blvd. property parameters.

The new property’s developer is listed as Circle F Capital, a large firm based in Manhattan and behind several developments in the area, including the 11-story condo by the Court Square Diner and another condo project at 5-33 48th Ave.

The developer purchased the property last month for just over $6 million, records show.

Circle F Capital did not immediately respond to questions about the development’s timeline.

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