Uncategorized Archives - Page 9 of 9

In Flushing: Upscale Condos and Retail (New York Times)

For much of the city’s Asian community, the center of New York City is not in Manhattan, but in downtown Flushing, Queens, the bustling shopping district at the end of the No. 7 subway line. Soon this crowded commercial hub will grow even busier as sales start early next month at Flushing Commons, a mixed-use development that has been in the works for a decade. The first phase of the 1.8 million-square-foot project will be finished in 2017, delivering 148 residential condos as well as office condos and retail. Eventually, the complex of more than five acres will house a total of 600 residential condos, an outdoor plaza and a new Y.M.C.A. facility. Completion is scheduled for mid-2021.

New restaurants open at One Fulton Square in Flushing (Times Ledger)

Residents and developers of the One Fulton Square mixed-use development in Flushing say the recent addition of several new restaurants, bars and retail spaces are adding to the complex’s diverse shopping experience.

Queens is becoming the spot for authentic Asian food (New York Post)

Developer Helen Lee is expanding her “curated collection” of authentic Asian eateries at her new One Fulton Square complex — a massive space in Flushing with offices, retail, a hotel and residential luxury condos that is drawing buyers from China and foodies from Manhattan.

Most Expensive Condo Unit at One Fulton Square About to Close (Brownstoner Queens)

The developers at One Fulton Square, the new Flushing condo development, will close this week on their biggest deal yet. Queens Courier reports that a buyer just snatched up a three-bedroom penthouse apartment for $2,053,000.

Developers finally break ground on Flushing Commons (Times Ledger)

The wait for work to start on the long-delayed Flushing Commons project is over. Developers announced the beginning of construction on the $1 billion project at a groundbreaking ceremony Monday. “After years of hard work, ingenuity and tenacity, Flushing Commons becomes a reality,” said Michael Meyer, head of F&T Group. “But only because of the people in so many spheres who contributed.”

One Fulton Square Hyatt opens for business (Times Ledger)

The first part of the $125 million One Fulton Square development has opened in downtown Flushing. Hyatt Place, a 168-room hotel, opened its doors last week and joined a growing number of hotels in the neighborhood. “Flushing continues to undergo an incredible transformation and thrive economically and we are excited to add to the community’s momentum by teaming up with Hyatt Place brand,” the owner of the hotel, Jennifer Chiu, said.

Queens Library Foundation Honors Local Leaders (Qgazette)

On Monday night October 5, New York City Mayor Michael Bloomberg joined more than 325 local Queens leaders and community supporters of the Queens Library to celebrate and honor two local business leaders at the Queens Library Foundation Annual Gala Dinner at Waters Edge, in Long Island City to help raise money for the Queens Library Foundation.

Bloomberg joined local elected officials to honor Joseph R. Ficalora, chairman, president and CEO, New York Community Bancorp, Inc., and Michael Meyer, president, F&T Group.