June 6, 2016 Staff Report
Developer Tishman Speyer filed construction plans last week with the City for a $700 million commercial project slated for Queens Plaza.
The development, which will hold mostly retail and office space, is slated for Jackson Avenue between 42nd Road and Queens Plaza South. This property is adjacent to 2 Gotham Center, a 21-story building developed by Tishman Speyer that was completed in 2011 and is home to the Dept. of Health.
The project will have two towers and will cost $700 million to develop, according to Industrial Development Agency documents published by the City in April. The Real Deal has reported that the towers will stand 29 and 30 stories.
Department of Building plans filed Friday indicate that there will be cellar and first-floor retail space, with offices and mechanical equipment rooms on the upper floors.
DOB plans also call for 250 parking spaces and 2,460-square-feet of bicycle parking. The IDA documents had stated that there would be an approximately 388-space parking garage.
Tishman Speyer did not respond to requests for comment on this story as of this writing.
The architect of record is MdeAS, which also designed 2 Gotham Center.
It has also been reported that the co-working company WeWork will serve as an anchor tenant for the new Gotham Center project.
“We have no new locations in Queens to announce at this time,” a WeWork spokesperson said when asked about this.
Tishman Speyer is also developing a 1,800-unit residential project nearby at 28-10 Jackson Avenue, with the H&R Real Estate Investment Trust.
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The project will have two towers and will cost $700 million to develop, according to Industrial Development Agency documents published by the City in April. The Real Deal has reported that the towers will stand 29 and 30 stories.
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Trish, I did not write the post that said you are working on a corner selling out America. June 12, 2016-9;26 PM. A Joker has hijacked my MRLIC handle and is spewing stupid things in my name. I have been trying to point out all the posts I did not write on different subjects. Please don’t listen to this JOKER..
Some foreign money has always been around. Trish I see you know what CE is talking about. Too much foreign money is not good in my opinion. It makesit harder for Americans to compete in their own marketplace. The wealthy people from these countries make it harder for all of us here,
continued…So the foreigners in effect lower our wages and take jobs they say Americans won’t but they actually will. Many Americans are underemployed or unemployed. If you don’t like what I say don;t read it. It is still a FREE country last I looked. Free Speech is a right of this country.
Gentrification is serious business. Ask the people who have been displaced of their only or longtime homes and or Apartments. You would not like it either. Many foreigners come to NYC because the worst job here is the best in their country.
Kevinsdog ,what I say is the truth not Fox news stuff, maybe you can’t see it but it’s there. No speculation here, I am a well liked person and people who know me know I am not a liar or spread false chaotic rumors.
You idiots just need to recognize that foreign money is making your life more difficult. Prices go up because there is a near endless supply of money chasing real estate in major cities in the United States. Whether that money comes to rent or buy, the cost of your environment goes up. The United States receives a tremendous economic growth allowing these monies to come in so we all win and lose in the exchange. Turn the money off and your wahe’s and job go away.
I agree with CE, I don’t want to be judged as a racist but I sell real estate and they’re the major buyers bidding up prices. Chinese, Russians and Orthodox Jews. True fact… I’ve make a lot of money because of those three groups.
Trish…. I thought you made a lot of money working the corner. Stop selling out America.
MRLIC – you need to grew up and bowl more
Continued..Gentrification is happening all over NYC. Middle & Lower incomes will be forced to shelters or and or the street soon if no one stands their ground.
MRLIC… I take it you were born here. Let me let you in on a secret, I love America but I wasn’t born here. You have no idea how petty the Gentrification you speak of. Where I come from, the majority of the population is living paycheck to paycheck. That’s for those that have jobs or are exceptional beggers. Your hardest moments are likely the best moments for my former countries’ people. You are a foolish person MRLIC, you have nothing to complain about.
MRLIC and Pedro have the same mentality as Fox News. 1% truth, 80% speculation and 19% fear mongering. Relax yourself guys, it’s going to be ok. There is no need to have your pity party on a public forum. Just because everyone else that has the ability to walk away from you off-line. Please don’t punish us with your rants on-line.
Continued…Gentrification is happening all over NYC. Where will the middle & Lower incomes live? Shelters, The Street?
Anonymous you have to fight back or the well off’s will push out the middle & lower incomes whenever & wherever they please. That is just WRONG!!!!!!!
Anonymous, no one should be forced out of their homes by ANYONE!!!!!!! If you don’t fight back the well off will push the middle & lower incomes out wherever & whenever they please, which is WRONG!!!!!!!!!
Anonymous, you should not be forced out by ANYONE. If it happened all over (GENTRIFICATION) where would the middle and lower incomes live? On the street. You have to fight back, not give up. The rich put their pants on one leg at a time as anyone else.
Continued..,What are the perks of NYC, Highest Taxes, worst transit, Highest food & clothing & home prices, dirty neighborhoods, Crime is not as low as the Police say. Police here are caught in Fed. Investigation also. I can’t wait for my wife to retire & get out.
Continued… It is not called taking responsibility for your circumstances when the Developers have rigged the game for the wealthy and themselves. Crooked DeBlasio is part of it too with the tax breaks for the developers.
continued… The middle & lower incomes need places to live also. Many have lived in LIC and other parts for long periods or all their lives. It is not called taking responsibility, it is called unfair GENTRIFICATION .
None of us should be forced out by GENTRIFICATION either. NYC is becoming a city for the wealthy. It is just WRONG. You would not like to happen to you.
No, it won’t happen to me because I work hard, I save my money, I make thought out decisions on large life events and purchases and I live below my means. In other words, I take responsibility for my future because if I don’t, nobody else will. I’m not making $100K a year or even close to that, I’m not some over educated type, don’t have trust income and I’m not special. I’m just a working stiff like my parents and the mass majority of NYC’s population. I work an average 60 hour work week and I pack my own lunch and sometimes dinner. I too moved to a cheaper environment because the cost was too high in my former apartment/neighborhood. I have no distaste for my need to move, I accept it because life is about making decisions based on your circumstances. I’m not looking for your pity, I’m trying to communicate that I’m not speaking from my high horse, I’m likely just like you. I just chose not to throw words around like “Gentrification”, because the responsibility rests on my shoulders on how my future happens.
If you don’t like to see new buildings and progress occur, then leave. Nobody is forced to stay here, we are all willing participants on this bus. If you like the perks of being part of a large city, you must accept constant change. There are people that complain that the prices are getting out of control, it’s true, things get more expensive but you need to put your big boy/girl pants on and make decisions based on what you can afford. Does it suck to need to move because costs go up? Yes, but it’s called taking responsibility for your circumstances. NONE OF US ARE OWED ANYTHING.
Most of the businesses will be CORPORATE not small. There is still not enough small businesses in the area and probably never will be. Are the rents too high?
Will the development ever stop????? Enough already. Let’s not worry about how the people will be extra extra crowded on the subways and buses which are already FULL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Great planning—-Cart before the horse type planning.
Most of the complaining on this site is about not enough businesses? So they’re building offices. Hey, let’s complain some more anyways!