Rego Park, it’s your moment to shine. Just last week the neighborhood got its very own luxury rental development, the Rego Modern. And yesterday DNAinfo profiled the neighborhood as “a hot spot for renters, boasting prices almost as high as its tonier neighbor, Forest Hills.” The article gets its info from this August report by brokerage firm MNS. According to the report, the neighborhood is seeing a rent spike, 13 percent for one bedrooms and 9 percent for two bedrooms, due to the influx of high-end buildings and families getting priced out of LIC and Astoria. The average price for a one bedroom is $1,996, for a two bedroom it’s $2,566. Studios are less in demand, with an average rent of $1,325.
MNS brokers say the neighborhood is becoming a destination for young families seeking larger apartments, and rent on a large two bedroom could go for as high as $3,500 a month. Studio, one and two bedrooms at the Rego Modern are priced from $1,600 to $2,500 a month.
The brokerage firm Modern Spaces just launched leasing for The Rego Modern — it’s a new 38-unit development at 99-39 66th Avenue, off Queens Boulevard. There are studio, one- and two-bedroom apartments up for rent. Studios are asking $1,600 a month, with one bed/one bath units for $2,000 a month, and two beds/two baths for $2,500 a month. Here are apartment details from the brokers:
The Rego Modern offers homes ranging from studios to two-bedrooms with oak flooring and recess lighting throughout. Kitchens boast GE appliances, Caesar stone counters and Mosaic tile back splashes. Bathrooms are designed with Kohler fixtures, Marble Mosaic tile showers and heated floors.
Amenities include a fitness center, on-site laundry, outdoor rec area, parking, and bike storage. Modern Spaces saw success at another new “luxury rental” development in a neighborhood that’s not LIC or Astoria, at Icon 52 in Woodside. The 66-unit building was fully leased after six weeks on the market. Think the Rego Modern will fair as well? Check out more interior renderings after the jump. GMAP
Participatory Budgeting, the very popular community initiative making its way through Queens, is coming to Rego Park and Forest Hills. Residents get to decide how to spend $1,000,000 in a number of “neighborhood assemblies” this fall, according to DNAinfo. Councilwoman Karen Koslowitz, representing District 29 (Forest Hills, Rego Park, Kew Gardens and Richmond Hill), is spearheading the project, where residents tend to allocate money on park renovations, community gardens, security cameras, streetscape improvements and the like.
The meeting schedule is as follows: September 8th, 7 pm at American Legion Hall at 105-15 Metropolitan Avenue in Forest Hills; September 17th, 7 pm at Russell Sage JHS 190 (enter in the back of building) at 68-17 Austin Street in Forest Hills; and September 18th, 7 pm at P.S. 175 (enter on 64th Rd) at 64-35 102nd Street in Rego Park. Councilwoman Koslowitz will announce more meetings for October at a later date.
A duplex penthouse co-op unit in Rego Park? Why not! And it’s asking $1,499,000, no less. This four bedroom, three bathroom at 99-32 66th Road comes in at 3,500 square feet, with a 2,000-square-foot private balcony. We like those floor-to-ceiling wraparound windows, but the interior isn’t bowling us over. For $1.5M, we expect some more bells and whistles. But if you’re looking for space and a huge outdoor area, this’ll do the trick. The big question: how likely is it that someone will offer ask?
The 23rd Street/Ely Avenue station has increased in importance in recent years, as Greenpoint has gotten hotter — Queensicans needing access can change trains to the G line here, when the G vouchsafes to cross under the noxious and noisome Newtown Creek, which it won’t be doing for awhile. Many subway amateurs think this is the place where 23rd Street crosses Ely Avenue. This is a fallacy, as Ely Avenue is actually the former name of 23rd Street. It carried the name until the 1920s, as the then NYC Topographical Bureau decided to put Queens under one numerical street system in 1915, and the streets were numbered gradually from neighborhood to neighborhood, completing the process by 1930.
However, some anachronisms remain on subway station signs. The best-known are along the #7 line, where Rawson, Bliss, and Lowery Streets, as well as Lincoln Avenue, are still on the station signs for 33rd, 40th, 46th and 52nd Streets. Names also persist along the N/Q in Astoria, and the A in Ozone Park and the Rockaway peninsula.
Brooklyn has hipsters. Queens has Hip-to-Hip. This theater company, which specializes in family-friendly productions, performs Shakespeare classics for free in various public spaces throughout the borough each summer. This year, Hip-to-Hip will put on the Bard of Avon’sTwo Gentlemen of Verona, an early slapstick comedy about love, friendship, betrayal, forgiveness…and a dog, and Cymbeline, a late romance/fairy tale about a king, his only daughter, an evil stepmother, and a forbidden love. The professional actors will perform in repertory, and 30 minutes before each performance, they will host “Kids & The Classics,” an interactive workshop for children of all ages.
Blvd Construction Management recently filed applications and excavation permits with the Department of Buildings at 98-28 – 98-32 Queens Boulevard, between 65th Road and 66th Avenue in Rego Park. The application is for an eight-story, 68-unit residential building. There’s a proposed 46,769 square feet of residential space, 10,805 square feet of retail space, and 9,108 square feet for a community facility: a grand total of 66,683 square feet. The design is by the architect Gerald J Caliendo.
There’s currently a one-story strip mall at the site, which will have to be demolished before construction starts. The DOB has not issued demolition permits yet. GMAP
Queens’ first drive-through Starbucks is possible for the former strip club site at 92-77 Queens Boulevard. DNAinfo reports that the owners, who picked up the parcel for $40,000,000, are planning for a two-story retail development here. (The strip club, Goldfingers, closed way back in 1999.) Plans for retail are more feasible for the owners than previously stated plans for a 15-story residential development.
The retail space will be a total of 16,000 square feet, with some parking on the ground-level and more in the basement. The Starbucks deal is not yet final, and it’s also possible a Retro Fitness gym will move onto the second floor. There is still 8,000 square feet of space available for rent. The owner hopes to open this new commercial building by June of next year.