Jackson Heights Life

Get Connected => Real Estate & Home Improvement => Topic started by: toddg on December 02, 2014, 11:08:43 AM

Title: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: toddg on December 02, 2014, 11:08:43 AM
New York YIMBY breaks the news that permits have been files for a new 15-story residential tower at 71-17 Roosevelt Avenue (http://newyorkyimby.com/2014/12/permits-filed-15-story-residential-building-at-71-17-roosevelt-avenue-jackson-heights.html), next to the CSX tracks and currently the site of a church.  It will include 139 apartments, and unfortunately, far too much parking for a site so close to transit.

Brownstoner Queens highlights this project alongside the White Castle project discussed on another thread (http://queens.brownstoner.com/2014/12/two-developments-slated-for-jackson-heights/)
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: jh_coop_buyer on December 02, 2014, 12:32:37 PM
I guess this building would be the tallest high-rise in the vast area consisting of Astoria (some high rise buildings along the east river excluded), Sunnyside, Woodside, Jackson Heights, Elmhurst, East Elmhurst, Corona (Lefrak city buildings excluded).

Considering the current tallest building in the neighbourhood is the Birchwood house (about 8-9 stories), and most other buildings are at most six stories.  How does the zoning law work for this building?  Are we expecting more high rise buildings in Jackson Heights/Woodside/Elmhurst, like what takes place in  Long Island City, Astoria near the east river, or Flushing downtown?
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Miss Chatelaine on December 02, 2014, 01:00:10 PM
I guess this building would be the tallest high-rise in the vast area consisting of Astoria (some high rise buildings along the east river excluded), Sunnyside, Woodside, Jackson Heights, Elmhurst, East Elmhurst, Corona (Lefrak city buildings excluded).

Considering the current tallest building in the neighbourhood is the Birchwood house (about 8-9 stories), and most other buildings are at most six stories.  How does the zoning law work for this building?  Are we expecting more high rise buildings in Jackson Heights/Woodside/Elmhurst, like what takes place in  Long Island City, Astoria near the east river, or Flushing downtown?

According to the zoning map, that area is zoned "R6," which allows residential buildings up to 13 stories. I am far from an expert on interpreting zoning regulations, but I think there are all sorts of exceptions that can be made to build larger such as including "community space," which I think includes "medical offices." R6 buildings are required to include a lot of off-street parking. Hopefully someone who understands the regulations better will interpret further, but it seems like there's very limited street-front access there for a building that size.

http://www.nyc.gov/html/dcp/html/zone/zh_r6.shtml

area zoning map: http://www.nyc.gov/html/dcp/pdf/zone/map9d.pdf
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: theplanesland on December 02, 2014, 03:39:49 PM
New York YIMBY breaks the news that permits have been files for a new 15-story residential tower at 71-17 Roosevelt Avenue (http://newyorkyimby.com/2014/12/permits-filed-15-story-residential-building-at-71-17-roosevelt-avenue-jackson-heights.html), next to the CSX tracks and currently the site of a church.  It will include 139 apartments, and unfortunately, far too much parking for a site so close to transit.

Well, is it resident-only parking or public paid parking? Because if it's a paid parking lot, we REALLY need that. Have you stood at the corner of 37th and 73rd on a weekend night and looked at the plates? Jersey, Jersey, Jersey, Jersey, Connecticut. Those people aren't taking the train, they're gridlocking our neighborhood as they drive around slowly for 25 minutes looking for street spaces.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: dssjh on December 02, 2014, 09:00:26 PM
it overlooks the BQE and prostitutes from many continents. that alone should sell it to wannabe frontiersmen.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: carrefour_ny on December 09, 2014, 07:11:39 PM
More on this from DNAinfo:

http://www.dnainfo.com/new-york/20141203/jackson-heights/residential-tower-with-bqe-views-planned-for-jackson-heights
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: toddg on October 24, 2015, 10:40:14 PM
I only got a quick look from the 7 train, but it looked like the church has been taken down and they're ready to start construction on this. 
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on July 02, 2017, 11:34:45 PM
Is this project still going forward?
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Di_11372 on July 03, 2017, 06:49:44 AM
While on 7 train yesterday, I saw construction started, which I believe is the address you mentioned, next to BQE.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on July 07, 2017, 06:01:20 PM
I found some new information and renderings on this project.

First Look at New Jackson Heights Tower to Side the 7 Train (https://www.cityrealty.com/nyc/market-insight/features/future-nyc/first-look-new-jackson-heights-tower-side-7-train/12342)

(https://ds4.cityrealty.com/img/cdbd902c6d46dbbd1635d8628273db079d56c0a5+1004++0+60/71-17-roosevelt-avenue-2.jpg)

(https://ds3.cityrealty.com/img/ccc5689a7575f105ab10e65086eca597dbd1b4a2+1004++0+60/71-17-roosevelt-023.jpg)
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: queenskid2 on July 07, 2017, 07:14:36 PM
Wow. The 7 train and BQE never looked so good. If I ever go on a dating site, I want these guys to do a rendering of me.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: dssjh on July 07, 2017, 10:24:36 PM
ha!
and i didn't realize the 7 was just at ground level, and that far away from Roosevelt Ave. nice addition of old growth trees, too.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on July 08, 2017, 12:21:15 PM
ha!
and i didn't realize the 7 was just at ground level, and that far away from Roosevelt Ave. nice addition of old growth trees, too.

I'm pretty sure the parcel that's being called 71-17 Roosevelt Ave actually has only a short, small building with a green roof that abuts Roosevelt Ave. The 15 story tower (even though it is also 71-17 Roosevelt Ave) is set way back and more or less faces the BQE. At least that's my understanding from looking at the images.

In the second rendering, the entire 71-17 Roosevelt Ave parcel appears in black. You can see that the left most section of the black shape sits next to Roosevelt and is quite small, and then the part that's on the right, not abutting Roosevelt, is the tall and large part of the project.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on September 13, 2017, 10:34:26 AM
Updated info on this project:

https://newyorkyimby.com/2017/09/reveal-for-71-17-roosevelt-avenue-jackson-heights-queens.html

(https://newyorkyimby.com/wp-content/uploads/2017/09/71-17-Roosevelt-Avenue-Jackson-Heights.jpg)
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Lilybell on September 13, 2017, 10:57:02 AM
Quote
Wow. The 7 train and BQE never looked so good. If I ever go on a dating site, I want these guys to do a rendering of me.

I love how there are only about 5 cars on the BQE in the rendering. I'm imagining the marketing description: Located on a quaint local trail surrounded by lush greenery

It just looks so out of place. 
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: StevenGrey on September 13, 2017, 05:04:42 PM
It's definitely one of those projects that leaves you scratching your head, wondering who would want to live there. As if being adjacent to the BQE and 7 train weren't enough, I'm noticing that grand entrance on the side street in the last rendering. Isn't it lovely the way it's squeezed in among those private residences: I guess the developer ran out of the funds to buy off those home owners?

It just looks so out of place.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Matt on September 14, 2017, 01:36:33 AM
The older article from 2014 mentioned Gilman Architects as being involved and I think this may be the rendering of the building that they proposed based on the configuration of the adjacent highway, train tracks and surrounding buildings. Yes, I realize it makes the water appear much closer than reality but renderings often do things like this to emphasize views. The part of the building above the landscaped platform seems to have much less bulk than the current rendering. I'm sure the developer is trying to fit as many apartments in as possible to make as much money as they can.

(https://lh3.googleusercontent.com/TMaQ9lUWMPEc9e6mS2j_JjJJuOD9pHPfV6PMZGzuAr-RsWuj8i9NejgTGUhlezFK7us0FEHMzpXFM4rKDK4K84roXDC1q_hMqudkIz1Hr6MVi7RE5C1mtz2KWrw5oUKFmB4HwZIkBWapHbggbQF_n2rQIu2PahZ0MuGH_I5Zu8jUvjd_Us61PvKAjNIZIhwNb4vI8OhP-OjoY5fcZ-FTXE24E5-6e4WybuJ9cn2e0Q6Qt5SxqZgocmc5izzV78Nh5_9hXrUcIYHb3KcIjIkP3McHzfSzvtkTh200jasUZX0t5iuRnOVkqMHP6YlvX-2xsccXMlEUvh2TnCVllVI0y0XXrdWz2rRBUCj106VKVeyixyEjNQi8sETdikTCFemNyDrKYkBu_wHETegk9yfbkLpCoBE02DjKXKGyoa6bvFrhhxyyeqsA44a1aipQJnj3leriskQg2nCOzJTFbudj0lh0acAr8KYTalq6sWlJ0wqwM-9_440ZoAZy8vg6Duhp-JaFVUCioN2OmD2qAyzDDRXl-PXZw0xd8vSC80WZfz55eCbvhlkloBoRTX41AB8fmaMBSe2iKkMjqljH04etQxnRxAiplT7oHm1hVEOuDA=w535-h728-no)

I know many people, including myself, were skeptical that people would move into the somewhat new brick building on Roosevelt that looms over the 7 train at the 74th St station, but they did and I'm sure it will be the same here. We all (mostly) accept that we live so near an airport as we know what a great neighborhood this is. Housing is tight.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Di_11372 on September 21, 2017, 08:12:52 AM

I understand the concern about the congestion this building could potentially add to the nearby train lines, and I do feel bad for those surrounding home owners.  That being said, it will be interesting to see the type of businesses that will pop up in and around that building, on Roosevelt or off.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Matt on November 12, 2017, 09:41:35 AM
I stopped by Tawa Food yesterday and I noticed that this building is quickly rising.
Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on November 14, 2017, 03:10:50 PM

https://commercialobserver.com/2017/11/werber-nabs-62m-loan-for-luxury-development-in-jackson-heights-queens/

Werber Real Estate has secured a floating-rate, $61.5 million construction loan for a new apartment tower in Jackson Heights, Queens, according to HFF, which brokered the deal.

The floating-rate loan, from Principal Global Investors, will fund the construction of Roosevelt Parc, already underway at 71-17 Roosevelt Avenue. The 15-story building will host 154 rental apartments—ranging from studios to four-bedrooms—and over 16,000 square feet of retail space.

“Unlike Long Island City and Downtown Brooklyn, Jackson Heights has very little competition in the luxury rental segment.” Geoff Goldstein, a senior director at HFF, said. “The building’s got great transportation, and it’s a brand-new building, well designed, with a great developer.”

The brokerage team said they did not have an estimate regarding when construction will be complete.

With perks including a rooftop deck, a fitness center and a movie screening room—40,000 square feet of amenity space in total—the project looks to break ground in the neighborhood in more ways than one. As the looming L train shutdown condemns many Brooklyn residents to the prospect of a hellish commute in the coming years, ongoing improvements to the 7 line promise to make the trip from Jackson Heights to Manhattan a comparative cinch.

As a result, the HFF team said, optimism abounds for Roosevelt Parc’s ability to attract luxury renters.

“I think that was part of the challenge about this opportunity: it’s a hard project to comp in this submarket given its amenities,” Steven Klein, a managing director at HFF, said. “But because [Werber is] a local operator, they have first-hand knowledge of the submarket, and they know what renters are willing to pay.”

Unlike Long Island City, a sleepy warehouse district in the years before its luxury-housing boom, Jackson Heights is already a bustling residential neighborhood—a trait that could cut both ways for one of the neighborhood’s first high-end developments.

On the one hand, Roosevelt Parc will face little competition for residents seeking high-end digs in the area. On the other, the development could draw ire for boosting rents in a neighborhood whose residents rely on less inflated housing bills.

The neighborhood, famous for its striking ethnic diversity, came to broader attention in 2015 as the subject of the film In Jackson Heights. The documentary, by acclaimed director Frederick Wiseman, highlighted the area’s importance as an affordable, welcoming destination for new immigrants to the U.S.

“Times Square is often called the crossroads of the world, but Mr. Wiseman suggests that that title more rightly belongs to Jackson Heights,” Manohla Dargis wrote in The New York Times.



Title: Re: Proposed tower at 71-17 Roosevelt Ave
Post by: Shelby2 on November 16, 2017, 07:32:10 PM
(https://i.imgur.com/pNG2Fz5.jpg?1)
Title: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: theplanesland on November 16, 2017, 10:11:57 PM
Ugh.

https://commercialobserver.com/2017/11/werber-nabs-62m-loan-for-luxury-development-in-jackson-heights-queens/

Hopefully the luxury crowd will be dissuaded by the shower of guano from the 7 train at 73rd.
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: dssjh on November 17, 2017, 09:39:07 AM
to any of the folks applauding the encroachment of developments like this, i have to ask, what's so good about making an already crowded neighborhood more crowded, and putting more strain on an infrastructure that's already stretched to the breaking point?

Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: abcdefghijk on November 17, 2017, 10:03:48 AM
In 10 years technology will solve these issues.

Excitingly, human beings are awesomely resourceful.

The subway will be replaced by a future version of this.

http://www.popularmechanics.com/technology/infrastructure/a26782/china-built-a-self-driving-something/

Ironically, the Chinese seem to have adopted the American can-do attitude!
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: NYC Peromyscus on November 17, 2017, 10:27:48 AM
to any of the folks applauding the encroachment of developments like this, i have to ask, what's so good about making an already crowded neighborhood more crowded, and putting more strain on an infrastructure that's already stretched to the breaking point?

I'm not applauding, but not a harsh critic either. The only way housing gets more affordable in NYC is if more housing is built. Rent control / stabilization are well known to fail as affordable housing strategies, and we aren't building any more land. So more housing is the way to go. Hopefully schools, transit, etc will keep up...personally I think Northern Blvd is ripe for rezoning and housing development (particularly along the some of the M/R stations that aren't as busy as the 7 /E / F stations).
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Shelby2 on November 17, 2017, 10:36:15 AM
to any of the folks applauding the encroachment of developments like this, i have to ask, what's so good about making an already crowded neighborhood more crowded, and putting more strain on an infrastructure that's already stretched to the breaking point?

I'm not applauding, but not a harsh critic either. The only way housing gets more affordable in NYC is if more housing is built. Rent control / stabilization are well known to fail as affordable housing strategies, and we aren't building any more land. So more housing is the way to go. Hopefully schools, transit, etc will keep up...personally I think Northern Blvd is ripe for rezoning and housing development (particularly along the some of the M/R stations that aren't as busy as the 7 /E / F stations).

I agree about Northern Blvd. Sometimes I'm amazed at how undeveloped the area looks around the Northern Blvd. station. At the moment, there is that enormous empty Sports Authority store with the huge empty parking lot. I wonder what will become of that.

However, there might be development coming to that general area very soon. I don't know anything about the Sports Authority land, but there was just a major purchase of three parcels in that vicinity for $10 million. https://commercialobserver.com/2017/11/malachite-group-buys-woodside-queens-commercial-properties-for-10m/

(https://nyocommercialobserver.files.wordpress.com/2017/11/woodside-portfolio.jpg?w=604)
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: dssjh on November 17, 2017, 10:39:28 AM
get back to me in nine and a half years. let's compare notes.

In 10 years technology will solve these issues.

Excitingly, human beings are awesomely resourceful.

The subway will be replaced by a future version of this.

http://www.popularmechanics.com/technology/infrastructure/a26782/china-built-a-self-driving-something/

Ironically, the Chinese seem to have adopted the American can-do attitude!
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Di_11372 on December 02, 2017, 09:04:57 AM
I have lived in JH for 11 years. As my fellow long time JH residents are well aware , it is an area the is evolving,  but v e r y  s l o w l y. I do question how this luxury LIC style condo will appeal to that type of potential renter. As I occasionally walk a long Roosevelt, in to Woodside, I have seen some places popping, up in Woodside, that may  appeal  to some 30 somethings. But I have difficulty seeing people in that future building walking in to JH, because that locale is too far from the restaurants of 37th ave, and Northern. Also, there are no grocery stores in JH within walking distance of that locale..Although, I can see them exploring Woodside. I do see more elements of gentrification along Rossevelt in WS, than in JH. That being said , LIC luxury buildings appeal to families, but I have trouble seeing how that locale could appeal to young families. Also, Roosevelt ave in Woodside is less intense, and a little cleaner than in JH.
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: abcdefghijk on December 02, 2017, 08:34:50 PM




I have lived in JH for 11 years. As my fellow long time JH residents are well aware , it is an area the is evolving,  but v e r y  s l o w l y. I do question how this luxury LIC style condo will appeal to that type of potential renter. As I occasionally walk a long Roosevelt, in to Woodside, I have seen some places popping, up in Woodside, that may  appeal  to some 30 somethings. But I have difficulty seeing people in that future building walking in to JH, because that locale is too far from the restaurants of 37th ave, and Northern. Also, there are no grocery stores in JH within walking distance of that locale..Although, I can see them exploring Woodside. I do see more elements of gentrification along Rossevelt in WS, than in JH. That being said , LIC luxury buildings appeal to families, but I have trouble seeing how that locale could appeal to young families. Also, Roosevelt ave in Woodside is less intense, and a little cleaner than in JH.

I believe all that matters is that it's next to a transit hub with 5 trains where folks can get into Manhattan in 15 mins.

That's probably really all that counts for people who would live there. And that's an awesome thing about Jackson Heights. The choice of trains. Because let's face it, in most other locales there are fewer trains. And when they go down, which is a common event nowadays, a person is completely stuck.  Here we have a choice when lines are delayed. That's a huge reason to live in these apartments. And the truth of living in New York City these days.
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Matt on December 23, 2017, 10:29:01 AM
Many said that people were unlikely to move into the newish building on Roosevelt adjacent to the 7 train 74th St platform. It looks like that building is full now. I'm sure this building will be the same. People have different priorities when looking for a home and we all have to make compromises. I'm sure this new building will offer some great views.
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Shelby2 on January 23, 2018, 08:38:19 PM
Photo posted today on instagram

(https://i.imgur.com/kPy8ep3.jpg?1)
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: missmarty on February 28, 2018, 10:12:13 PM
I've been in downtown Flushing a lot lately. Today, it seemed to me that there must be a place they are just handing out bricks and having people just start towering them up.

It's truly incredible the number of cranes in say a 10 block radius.
There's also an uncanny ability to plop many stories on top of a raggedy old building.
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Shelby2 on April 07, 2018, 09:15:39 PM
Updated progress photo

(https://i.imgur.com/MwiaIhr.jpg)
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Matt on January 20, 2019, 09:47:31 PM
I think this building has reached full height now. I walked by earlier along Roosevelt and it really doesn't seem as massive as I thought it would be. It may have just been the view I had from where I was walking, other blocks may appear differently.

It looks like the retail space on Roosevelt is up for lease already:

http://www.hellerorg.com/detail.aspx?id=24269CL (http://www.hellerorg.com/detail.aspx?id=24269CL)

One of the two images is labeled as a "community facility entrance". Does anyone know of a community organization going in this building?

(http://www.olr.com/Pictures/Interior_Photo/24269_int_photo147649431.jpg)
Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: agentarmen on January 21, 2019, 12:20:36 PM
I do believe it has topped out. Here is the view of if from one of our listings at Sheila Terrace:

http://www.jacksonheightslistings.com/listings/37-30-73rd-street-6l/ (http://www.jacksonheightslistings.com/listings/37-30-73rd-street-6l/)

(http://www.jacksonheightslistings.com/wp-content/uploads/2019/01/37-30-73rd-St-6L-1099-e1548091031702.jpg)

Title: Re: 71-17 Roosevelt will be LIC-style "luxury rental"
Post by: Di_11372 on January 26, 2019, 09:13:42 AM
 
Honestly, whenever I catch a glance of it from the corner of my eye as I exit the 73rd subway , I shudder...Part of me doesn't believe it, It looks sooo very LIC. So out of place here.