News & Press

December 09, 2015

A Queen’s ransom: The priciest new Queens developments by total sellout (The Real Deal)

Though nowhere near the stratospheric prices seen in Manhattan, new projects in Queens with residential components are making their mark. Flushing Commons, with a projected sellout of $386 million, is the most expensive new project in the borough, according to an analysis by The Real Deal. The project, with 148 apartment units, appears to be the priciest offering in the borough since at least 2000. Phase one of the condominium, which is being developed by F & T Group, The Rockefeller Group and AECOM Capital, broke ground in 2014. The development will also feature 75 office condos priced from $1.38 million to over $4 million.

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