Tangram House West, the final piece of the 1.2 million-square-foot Tangram mixed-use development in the Flushing neighborhood of Queens, has officially topped out at 13 stories. Sales at the condominium tower are scheduled to launch late this spring.
“We are thrilled to celebrate such an important milestone at Tangram House West on the heels of incredibly successful sales at our first residential condominium offering, Tangram House South, which is already more than 95 percent sold with homes being delivered in early summer,” said Helen Lee, Executive Vice President of F&T Group which is developing Tangram with SCG America. “With its marriage of striking design, amazing city views and unparalleled access to luxury amenities, Tangram House West will introduce a coveted residential experience for the new Flushing.”
SCG America and F&T Group announced that Renaissance Hotels has been selected as the brand flag for the 208-key hotel within Tangram, their 1.2-million-square-foot, mixed-use development in Flushing, Queens.
Currently under construction and scheduled to open in early 2020, the nine-story Renaissance New York Flushing Hotel at Tangram will be located minutes from LaGuardia and John F Kennedy International airports in a neighborhood that is the first stop for many international travelers who are visiting the United States
“Our goal from day one was to build the best hotel for the world-class destination we are creating at Tangram. Renaissance Hotels is an impressive global lifestyle brand and could not have been a better fit for us,” stated Winfred Zhang, president and CEO of SCG America.
The developers of the 1.2-million-square-foot Tangram mixed-use development under construction in Flushing, Queens, have picked the Marriott International‘s Renaissance Hotels brand for the project’s hotel, Commercial Observer has learned.
The nine-story, 208-room Renaissance New York Flushing Hotel at Tangram will open at SCG America and F&T Group‘s project at 133-15 39th Avenue between College Boulevard and Prince Street at the beginning of 2020, the companies announced. The four-star lodging will mark the brand’s first hotel in Queens. Marriott International’s Noah Silverman, the chief development officer for full-service hotels in North America, praised Tangram in prepared remarks, for creating “a new, vibrant and walkable destination in Queens,” and noted the hotel will target business and leisure travelers.
Take a look at the current restaurant options at One Fulton Square in downtown Flushing — a mixed-use development home to luxe condos, retail, and a hotel — and you’ll get a good idea of what’s in store for the neighborhood’s future.
Located on Prince Street between 39th and Roosevelt avenues, the glossy development built by F&T Group in 2014 houses over a dozen restaurant and bars — a combination of new places like Korean fried chicken restaurant the Coop, outposts of well-liked New York restaurants like Spot Dessert Bar, and some large Asian chains, like Malaysia’s enormously popular fast-casual company Papparich, which planted its first East Coast location inside the complex. The modern center is also home to one of the city’s most revered upscale restaurants. Sichuan restaurant Guan Fu landed a glowing three-star review in the Times in 2017, one of the few Chinese restaurants in the history of the paper to do so.
Lee of F&T thinks the restaurants she’s choosing better fit Flushing’s changing population, she says, adding that she’s trying to change the cheap eats reputation. Modern Asian restaurants, including non-Chinese ones, that feel in line with current New York dining trends are a priority. New residents moving into F&T buildings prefer eating in a “nice environment” a step above historic Flushing hawker stands, Lee argues, meaning more seating and stylish decor. She says she carefully vets each restaurant before bringing it on, ensuring that diners will get a quality meal when they dine at F&T projects.
The Big Apple’s most dynamic outer-borough neighborhood isn’t Long Island City, but downtown Flushing — a boom town that transcends its popular perception as merely the largest of the city’s Chinatowns.
The executive vice president of dominant Flushing developer F&T Group, Helen Lee, calls the area “a dynamic cultural hub with global appeal and one of the most sought-after real estate markets in the city.”
Co-developers F&T Group and SCG America announced the sale of a commercial condominium purchased by Quontic Bank, a national institution handling personal banking, business banking and mortgages with locations in six state, within the office condominium building, Tangram Tower.
Co-developers F&T Group and SCG America announced the sale of a commercial condominium purchased by Quontic Bank, a national institution handling personal banking, business banking and mortgages with locations in six state, within the office condominium building, Tangram Tower.
The rapid sales of residences in a new luxury mixed-use development in Flushing is leading its developers to unveil the second phase of residential sales earlier than expected.
F&T Group and SCG America — the developers behind Tangram, a 1.2-million-square-foot, mixed-use development — announced that the first residential phase of the development is nearly sold out, with less than 5 percent of residences remaining within the building.
Co-developers F&T Group and SCG America announced the sale of a commercial condominium purchased by Quontic Bank—a national institution handling personal banking, business banking and mortgages with locations in six states, including New York—within prime office condominium building, Tangram Tower.
A Member FDIC bank headquartered in Astoria, Queens, Quontic Bank will occupy part of the 10th floor—or 1,456 square feet—after the unit is complete in 3Q 2019. Sale prices average $1,274 per square foot within the 12-story building, currently under construction.