71-66 Parsons Boulevard, image via Google Maps

Permits Filed: 71-66 Parsons Boulevard, Pomonok

7:30 am on October 26, 2015 By Rebecca Baird-Remba

As New York City’s development boom pushes further into the outer boroughs, builders are looking for more affordable properties in neighborhoods where few developers have been willing to tread since the city’s real estate market bottomed out in 2009.
But now the area east of Queens College—known as Pomonok or Kew Gardens Hills—is finally seeing some new construction. Bi Yuan Chen, of Flushing-based Parsons Tower LLC, is planning a seven-story apartment building with a daycare at 71-66 Parsons Boulevard, according to applications filed with the Department of Buildings on Friday.

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Port Authority Bus Terminal

Port Authority Approves Multi-Billion-Dollar Redevelopment of Midtown Bus Terminal

6:30 am on October 26, 2015 By Reid Wilson

The Port Authority has approved a multi-billion-dollar plan to replace the Port Authority Bus Terminal between 8th and 9th Avenues and West 40th and 41st Streets, in Midtown West, according to the New York Post. The project will cost between $7 and $10 billion dollars, and funding will come from the sale of air rights, residential units, and commercial spaces. A design competition is expected to be held, and a team will be chosen by September of 2016.

45 Broad Street

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

6:00 am on October 26, 2015 By Reid Wilson

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.

Advocates Clash Over Sailors’ Snug Harbor Historic District On Staten Island

4:30 pm on October 23, 2015 By Evan Bindelglass

On Thursday, the Landmarks Preservation Commission held its second public hearing in an effort to clear its decades-long backlog of items proposed for designation. The day’s items were those on Staten Island, and they included the proposed Sailors’ Snug Harbor Historic District. The 80-acre property has been on the calendar for over three decades and while the majority of those who spoke on Thursday supported designation of the district, there wasn’t unanimity.

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