314-Unit Residential Building Planned Above Rego Park Shopping Mall

The Real Deal reports that Vornado Realty Trust filed plans with the DOB to build 314 rental units above the Rego Park shopping mall, which Vornado also owns. The building addition is huge — 24 extra stories and 287,113 square feet. The existing mall, at 61-35 Junction Boulevard, is a total of 610,000 square feet and holds a Costco, Century 21 and Kohl’s. According to DOB filings, SLCE Architects will design the residential addition. No word on the actual construction timeline for the project, which is expected to cost between $100 and $120 million.

Vornado Moves Ahead with 300-Unit Queens Rental [TRD] GMAP
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