Posted Aug 31, 2015, 3:50 AM
|
 |
Homo sapiens sapiens
|
|
Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,666
|
|
Update: NEW YORK | 93-43 Sutphin Boulevard | 270 FT | 26 FLOORS
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
Quote:
Originally Posted by chris08876
Ready and Able: LI developer closes on Jamaica parcel, files hotel plans
Quote:
Able Management Group closed Monday on its acquisition of 93-47 Sutphin Boulevard in the Queens neighborhood of Jamaica, and subsequently filed plans Friday for its new 27-story hotel development on the site.
The Long Island-based developer, led by CEO Viral Patel, closed on its purchase of the property from the Greater Jamaica Development Corp. for an undisclosed amount, according to a source with knowledge of the deal – allowing the developer to push forward with a planned Hilton Garden Inn on the site.
The development is slated to hold 225 rooms across 125,000 square feet, with amenities including a pool, fitness room and lobby restaurant and bar. The hotel’s rooftop will also house a bar and terrace. Plans overcame a hurdle earlier this year after the Greater Jamaica Development Corp. settled a lawsuit with Robin Eshaghpour, who claimed to hold a 99-year lease on the site, according to the New York Daily News. The developers also had to reach a deal with the Metropolitan Transportation Authority, which owned a third of the property.
The project, scheduled to break ground early next year, is among a flurry of big-ticket developments coming to Jamaica — with BRP Companies planning two mixed-use buildings housing 580 apartments and developer Pride Hospitality Group building an 18-story, 283-key hotel nearby.
|
====================
http://therealdeal.com/blog/2015/08/....XGkUZ2Fg.dpuf
|
|