Jan. 11, 2017 By Hannah Wulkan
A developer filed plans to build yet another mixed use retail and residential building in Long Island City yesterday.
The new building, which will go up at 41-14 27th Street across from the Jet Blue corporate offices, will be nine stories tall and contain 30 residential departments, according to the building application filed by developer Kenny Liu of LIC Manor Realty.
The building will be 90 feet tall, with office space in the basement, 2,080 square feet of retail space on the first floor, and 22,710 square feet of residential space on the upper eight floors.
There will also be an outdoor deck for tenants of the building on the ninth floor.
The developer bought the site, which is located less than a block from the Queensboro Plaza subway station, for $6.5 million in September.
The owner did not return a request for more information by this publication.
the_the , It depends on what businesses go there and how reasonable they are, quality of product and service. Location is also key for foot traffic.
the_the .The Rents and location will determine how the businesses will fail or thrive, along with service and quality of product.
the_the . Let’s see how many small businesses really open.
MRLIC, what makes you believe that no small business would be able to survive in that location? Or do you just think that the neighborhood is better served by the current limousine company?
What a waste!!!!!!!!!! Overkill. How about some small businesses?
The article says that there will be 2080 sq feet of retail space – plenty of space for at least one or two small businesses.
So the scorecard would be:
TODAY: Zero small businesses serving the community
FUTURE: Several small businesses serving the community
I am not counting the current tenant, a Limo company as a small business serving the community as their business is focused on a Manhattan, airport, citywide clientele: http://benilimos.com/
Who is the developer