Powergrid 100 NYC (Interior Design)

The 100 developers behind some of the city’s most high-profile projects, from Hudson Yards—the largest private development in the U.S.—to Waterline Square, an Upper West Side mega-project led by preeminent architecture and interiors firms.

Read More

 

East Meets West Design in Flushing Megaproject Tangram (City Realty)

Tangram, named after the popular Chinese puzzle, is one of several new mixed-use developments adding to the real estate boom of Flushing, but its distinction lies in its massiveness, its amenities, and its “East Meets West” design. The neighborhood, which has a longstanding Asian culture and residents who are more likely to own than rent, presented a great opportunity for developers F&T Group (the same co-developers of the nearby Flushing Commons) and SCG America to present something innovative that would also complement the surrounding area.

Read More

Tangram project will include a 4D multiplex (The Real Deal)

The movie theater coming to Flushing’s massive Tangram Project will consist of a 4D multiplex with seven auditoriums from the South Korean cinema chain CJ CGV. CJ CGV signed a lease at the 39th Avenue project, according to the Commercial Observer. The asking rent for the theater was $65 per square foot, and it should be for 20 years with options.

Read More

Condo and Retail Project Targets Flush Buyers in Flushing (Wall Street Journal)

Tangram developers see an international destination in Queens for affluent Asian-American and foreign buyers. To many visitors Flushing is something of a puzzle. The streets are bustling with people and teeming with low-rise stores that serve the large Asian-American community, interspersed with newer condo and commercial ventures. But the overall look is drab.

Read More

Five Queens Real Estate Influencers You Need to Know (City & State New York)

Michael Meyer’s F&T Group is a major developer based in Flushing, Queens. The group recently finished two of the five buildings that will comprise the Flushing Commons project, which is one of the largest new construction projects outside of Manhattan. It will eventually include 600 condos, as well as retail and office space. F&T recently completed two other major mixed-use facilities in Flushing.

Read More

F&T Group shooting for $173.6M sellout at Tangram South (The Real Deal)

The F&T Group is looking to sellout its proposed Tangram South condominiums in Flushing, Queens for $173.6 million, filings with the New York state Attorney General’s office show. The 192-unit development, which will also offer 111 units of storage for sale, has an address of 133-27 39th Avenue and is located near Flushing’s Main Street subway station.

Read More

Flushing Has Seen an Influx of Luxury Condos, But Will Luxe Retail Follow? (Commercial Observer)

In Flushing, the neighborhood located at the very last stop of the 7 train in Queens, condominium prices having been climbing dramatically over the past few years. In the Downtown area, which is home to the city’s second-largest Chinatown, many condo units have traded for over an eye-popping $2 million a piece. (For comparison, Manhattan’s average condo price is $3 million, according to Douglas Elliman’s fourth-quarter 2016 report.)

Read More

Developers plan Flushing’s first movie theater in 30 years (The Real Deal)

Developers F&T Group and SCG America plan to build the first new movie theater that Flushing, Queens has seen in 30 years. The movie theater will be part of the Tangram development, a mixed-use project at 133-15 39th Avenue, Commercial Observer reported. The project includes four 15- or 16-story buildings with 300 luxury condo units, 80,000 square feet of office space and a hotel. Details on the hotel are not yet available.

Read More