Aptsandlofts.com just listed rentals at Saxon Hall, a 417-unit complex in Rego Park at 62-60 99th Street. The listing says this: “Renovated apartment featuring an open modern layout. New Kitchen and Baths and most apartments come with balconies.” Treetop Development forked over $85,200,000 for the building this summer and planned to invest another $5,000,000 in interior and exterior upgrades. Exterior upgrades include improvements to the facade, electricity, plumbing, roof, elevators, lobby and hallways. Treetop didn’t intend to evict current renters but planned to upgrade apartments as they became vacant. The upgrades, as you can see in the new listings, include stainless steel appliances, Caesarstone counter tops, modern bathrooms, new cabinetry and hardwood flooring. The one- and two-bedroom units available are priced between $1,615 and $2,353 a month. There’s an open house this Saturday from 1 to 2:30 pm. GMAP
Youth Made Media, a program sponsored by the City Parks Foundation, just kicked off its fall semester in Queens. Youth Made Media offers young people, ages 13 to 19 from low-income communities, an opportunity to gain experience in video and audio production, media literacy and new media. They work out of the Lost Battalion Hall Recreation Center in Rego Park. This year, 30 past participants of the program were hired as peer educators. Around 430 middle school and high school students as well as 130 adults participate annually in the program, which is located in all five boroughs. Debrasue Lorenzen, the Director of Education for City Parks Foundation, expects 45 students and an additional 25 adults this year in Queens. The fall semester runs from late September through December 20th, with the spring semester running from January to early June.
A sizable construction fence is up at 91-11 Metropolitan Avenue, just one block east of Woodhaven Boulevard and on the border of Forest Hills and Rego Park. What’s to come? A 9,505-square-foot, one-story commercial building. The development will also have 28 parking spaces, according to DOB documents. The project architect, SBLM Architects, has designed tons of retail and commercial spaces. David Nicholson of SBLM tells us that construction has started, and the firm has not released any renderings of the building in question. GMAP
The European history of our city begins in the 1600s, after Henry Hudson reported back to his Dutch employers that no, he hadn’t found a shortcut to the spice roads of Asia, but he had run into some nice real estate along the journey. The rest, as they say, is history. The Dutch East and West Indies Companies came here to set up businesses and make money, but that takes people. Soon Dutch farmers and tradesmen followed the soldiers, trappers and merchants to what is now the entirety of Long Island, as well as Manhattan, parts of New Jersey, and on up the Hudson.
I mostly write about Brooklyn, and there, the names of the earliest Dutch farmer families are now street and neighborhood names: Lefferts, Schermerhorn, Van Nostrand, Vanderbilt, Lott, Suydam, Bergen, Wyckoff and Remsen, among others. Over the centuries, all of these families, along with many others, intermarried and grew; spreading to all parts of what was once New Amsterdam. The Remsen’s are a good example of that growth, as well as a great example of how these families became important in the history of their communities.
Historians write often about the lives of these early residents of our city, but they don’t often talk about where they are laid to rest, in part because a lot of those places no longer exist. Public cemeteries were a 19th century necessity, as our cities just got too big to accommodate the dead in only in churchyards and small private cemeteries. There was also the matter of public health. We would probably be shocked to learn of all the private cemeteries and abandoned churchyards throughout the city that lie beneath our neighborhoods, buildings and streets. (more…)
On your marks… Get set… Eat! The tenth annual Queens Restaurant Week 2013 will run from September 30th to October 3rd and October 7th to October 10th with more than 60 eateries participating. A three-course, prix fixe dinner for $28 and lunch for $14 are the general parameters for the promotion, although some establishments will also offer wine or some other items, and many restaurants will continue their specials beyond October 10th. As to be expected in the world’s most diverse county, the cuisine options are boundless. Participating restaurants include Ben’s Best (Kosher, Rego Park), Christos (Astoria, steakhouse with Greek influence), Dazies (Sunnyside, Italian), Haveli (Forest Hills, Indian), Roka (Richmond Hill, Turkish), Tequila Sunrise (Bayside, Mexican) and Uncle Peter’s (Jackson Heights, pan-European).
This Arts and Crafts-style brick home, at 87-48 62nd Road in Rego Park, is asking $699,000. It has three bedrooms and, according to PropertyShark, 1,520 square feet. There’s definitely potential here but the home still needs a lot of TLC. In its current shape, that price may be a stretch.
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.
Ariel Property Advisors reviewed multifamily sales transactions for June, and according to them, “Queens had a robust month in terms of dollar volume.” Indeed, Queens saw $240.8 million in sales taking place across seven transactions. That’s a 503 percent dollar increase from May 2013 and a 3,848 percent increase from June 2012. Shimon Shkury, president of Ariel Property Advisors, said in a statement that this jump in dollar volume for multifamily transactions is “remarkable.” Impressive? Yes, but let’s not make too much of the percentage increases given the small number of transaction. After all, one of the seven deals included Treetop Development’s $85.25 million acquisition of Saxon Hall, a 16-story rental apartment complex located at 62-60 99th Street in Rego Park. The price in this case represents roughly $170 per square foot. For the sake of context, the entire city saw 55 multifamily transactions comprised of 84 buildings in the month of June for a total dollar volume of $929 million.