May 2, 2016 Staff Report
Two real estate companies have teamed up to build a nine-story, mixed use building at 38-01 Queens Boulevard, The Wall Street Journal reports.
Curbcut Urban Partners LLC and Platinum Realty Associates have unveiled renderings for a 146,000-square-foot, glass-and steel building that will target medical, nonprofit and community service tenants that are increasingly looking to the outer boroughs in search of affordable office space, according to the WSJ.
While the property will house general office and retail space, zoning rules require a significant portion of the property be used for community services, according to The Wall Street Journal.
The building will feature multiple, separate lobbies, entrances and elevators to appeal to a varied tenant base, according to Curbcut CEO Aaron Malinsky, and will also have a rooftop deck and outdoor terraces.
The property was purchased for $12,070,000 by Curbcut in December and demolition plans were filed with the Department of Buildings in January, the Sunnysidepost reported at the time.
The property is currently zoned for light manufacturing (M1-4), although retail, office and hotels are permitted to be built on the site. Residential is not permitted.