You are reading

Silverstein Properties Buys Yet Another Astoria Site, Plans to Develop 310 Unit Building

Silverstein Properties purchases 44-01 Northern Blvd.

Oct. 9, 2020 By Christian Murray

Silverstein Properties has bought yet another property in Astoria as it continues its expansion into the area.

The company announced Wednesday that it had bought 44-01 Northern Blvd. on Sept. 29 from a Long Island City-based business. The amount paid was not disclosed.

The real estate company plans to build an 11-story, 310-unit building on the site. The company said 95 units will be “affordable,” all of which will be offered to residents earning 60 percent of the Area Median Income.

The property, which is currently vacant, is two blocks east of the company’s proposed mega development Innovation QNS. That project– which it plans to build with Kaufman Astoria Studios and BedRock Real Estate–would bring 2,700 apartments, a school, as well as retail and office space across five blocks. Silverstein bought many of the lots at the beginning of 2019.

Silverstein, unlike with Innovation QNS, does not need to get the 44-01 Northern Blvd. site rezoned. The site, which was in a manufacturing district, was rezoned last year after getting the support of the city council. The site is in Council Member Jimmy Van Bramer’s district.

44-01 Northern Blvd. (City Planning)

The 2019 rezoning also allowed for approximately 25,000 square feet of retail space on the ground floor and on-site parking spaces.

“We’ve gotten to know so many incredible people in this community over the past several years, and that is why we believe so strongly in Astoria,” said Brian Collins, executive vice president and director of development for Silverstein Properties. “We are excited to bring affordable housing and jobs to Northern Boulevard and to be part of this neighborhood’s bright future.”

Silverstein aims to break ground on the Northern Boulevard site in fall 2021 and complete the project by spring 2024.

email the author: [email protected]

3 Comments

Click for Comments 
spineless van bramer

lets see will spineless van bramer go running to the residents in the supplemented public housing on northern & Woodside ave to see if they are ok with this building going up too. van bramer if you are listing 25K jobs would be nice round about now.

Reply
nobody

Good. Let’s get these blighted dealerships our of our neighborhood. They are an eye sore, they park on the sidewalks, and they are predatory lenders.

7
1
Reply

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Op-Ed: Invest in our children in next year’s budget

Dec. 7, 2023 By Assemblymember Jessica González-Rojas

Eighty-five percent of brain development happens during the first three years of life. For young children who need additional support, interventions like speech, occupational and physical therapies can create positive changes that have a lifelong impact on their social, physical and emotional health, as well as their success in school and beyond. That’s why New York’s Early Intervention program was created – to provide New York families with accessible resources to help their young children meet their developmental goals and thrive.

“New York’s Funniest Stand-Up” with Matt Koff

Dec. 6, 2023 by Jill Carvajal

The “New York’s Funniest Stand-Up” competition recently celebrated its 15th year as part of the annual New York Comedy Festival both founded by Caroline Hirsch of Caroline’s on Broadway. New York’s Funniest and previous winners have gone on to become some of the biggest names in comedy.

Buy ‘Made in Queens’ this holiday season

Dec. 1, 2023 By Tammy Scileppi

Seems as if the holiday season is coming upon us quicker than ever! And if you’re running out of thoughtful ideas for gifts and stocking stuffers, here are some tempting offerings, courtesy of those innovative Made in Queens (MiQ) folks.