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Old April 29th, 2013, 10:02 PM   #1
desertpunk
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NEW YORK | Astoria Cove Development - Hallets Point | 30 fl | 26 fl | 24 fl | 22 fl | App



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Mystery Developer Unveils 'Astoria Cove' Plan for Hallets Point



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One day, some massive residential development may rise in Hallets Point, but for years now, any such development has only existed in plans and on the internet. Developer Lincoln Equities Group has been trying to win support and secure funding for a 2,644-unit development since 2009 (this plan was supposed to start ULURP soon), but now a different developer has submitted a proposal called Astoria Cove. The Observer spotted the 1,535-unit project's environmental assessment statement, which comes from an LLC named "2030 Astoria Developers." A representative for the group would not reveal the people behind that LLC.

The plans call for a combination of townhouses and towers on a waterfront site overlooking Pot Cove. It sits on 26th Avenue, roughly between 9th and 4th Streets. The buildings further inland would top out at 80 feet (8 stories), while the apartment buildings near the water would rise between 120 and 300 feet. Twenty percent of the apartments, about 340, would be affordable. The development would include public access to the waterfront, a 25,000-square-foot supermarket, and 117-square-feet of retail space. There would be the option to build a 456-seat elementary school, and the developer is also exploring options for a residents-only shuttle service to and from the 30th Street N/Q station.

---

Hallets Cove
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Old August 29th, 2013, 10:17 AM   #2
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Hallets Point welcomes $1B luxury development



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August 26 2013

Hallets Point, the poorest neighborhood in Queens, will likely see a new luxury housing project take shape along the East River within the next year.

And in a surprising twist, the low-income community appears to be in favor of the luxe development. “This community really needs revitalization,” Lucille Hartmann, district manager of Community Board 1, told Crain’s. The developer, New Jersey-based Lincoln Equities, has managed to ward off many concerns about the new structure’s impact on current residents, pledging to build a 35,000-square-foot, moderately priced supermarket in the first building it will create on the site.

“Oftentimes, developers will parachute into a neighborhood and have grand plans to insulate people,” Mitchell Taylor, founder of the East River Development Alliance, a nonprofit organization geared to expand the economic opportunities for public housing residents, told Crain’s. “That is not the case here. They are now bringing much-needed resources to the area and trying to be a part of the community.”

According to the plan, ten residential buildings will go up on a seven-acre site along the East River, bordering an industrial section of the Astoria peninsula. The $1 billion project stands to add around 2,000 rental units, shops, restaurants, an esplanade and a park. The measure comes up for a vote before City Council in September, and the developer hopes to break ground next year if approved. The biggest concerns, it seems, are with regard to infrastructure, as only three bus lines and one subway serve the immediate area, and it is currently without a supermarket or bank.

City Council member Peter Vallone Jr. has asked the city to extend ferry service to Hallets Point from Manhattan — an idea Mayor Michael Bloomberg has hinted at being open to, and is currently being studied by the New York City Economic Development Corporation.
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Old August 30th, 2013, 05:10 PM   #3
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Great.. Hope this takes off as a second Long Island City!
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Old October 9th, 2013, 10:06 PM   #4
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City Council Approves 2,500-Unit Megaproject for Hallets Point



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After more than four years of waiting, developer Lincoln Equities finally got the green light for its $1 billion Hallets Point megaproject (warning: PDF!). What does it all mean? That 2,100 luxury apartments, 500 affordable units, and community necessities like a bank, supermarket, school, and landscaped waterfront promenade (rendered above) are headed for what is at present an isolated, sleepy peninsula that juts out into the East River near Roosevelt and Randalls Islands. To woo local council members, the city agreed to conduct a $500,000 feasibility study to see if ferries between Hallets Point and Manhattan could help increase transportation options to and from the area, which are currently minimal at best.

And because another developer is eying a nearby site for a 1,500-unit complex with similar bells and whistles called Astoria Cove, yeah, the population is bound to spike soon. Lincoln Equities plans to break ground in late 2014 or early 2015; meanwhile, Astoria Cove's exact future remains a mystery.
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Old October 11th, 2013, 10:22 AM   #5
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Thanks to share good info with us .
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Old November 15th, 2013, 08:56 PM   #6
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Developer covers Queens waterfront



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Efstathios Valiotis' Alma Realty will soon begin seeking city approvals for Astoria Cove, a sprawling waterfront development in western Queens.

Alma Realty does not rank in the pantheon of well-known city developers, but after Efstathios Valiotis founded the Long Island City, Queens, company in the 1970s, it has quietly grown into an operation with several hundred employees overseeing properties and development projects scattered throughout the five boroughs and tristate area.

The under-the-radar company will have a tough time avoiding the limelight, though, when it begins formally seeking city approvals for a sprawling western Queens waterfront development. Astoria Cove will have about 1,700 units, including 340 affordable, along with a school, ground-level retail and a supermarket.

The project would join another huge development, Halletts Point, on the peninsula. In keeping with the firm's discreet air, go-to guy John Mavroudis' name appears without a title on his business card.

Q: Why Astoria Cove?

A: It just seemed like a logical thing to go after, and we've been at it for quite some time, working with City Planning to find an appropriate development for that site. I think we've reached a point in our discussions where we have a very valuable project that is going to benefit all the stakeholders.

Q: How do you feel about having the Halletts Point developers as neighbors?

A: The projects will feed off each other at some point. When they are both done, the whole picture will be *painted. This is all going to provide for a continuation of the Astoria Park waterfront esplanade.

Q: Do you see this as part of a larger reimagining of western Queens?

A: It's going to be a new element. At some point you're going to see luxury, high-rise apartments, and you're going to see both market and affordable rents. In this part of Queens, on the water, it just doesn't exist. You'd have to go farther south. One of the main benefits of our project would be creating not only visual corridors, but physical access to the water. You will literally be able to walk down and touch it. Whether you choose to swim or not is entirely up to you.

[...]
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Old November 15th, 2013, 09:05 PM   #7
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I really dislike how these buildings have major setbacks towards the middlle. Plus, it looks more glass boxes. God I wish prewar exteriors could have a renaissance.
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Old November 19th, 2013, 05:23 PM   #8
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Quote:
Originally Posted by LouDagreat View Post
I really dislike how these buildings have major setbacks towards the middlle. Plus, it looks more glass boxes. God I wish prewar exteriors could have a renaissance.
Blaming NYC zoning laws.

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Originally Posted by KaneyMasen View Post
The biggest concerns, it seems, are with regard to infrastructure.
The biggest concern is how these buildings are over a mile from the nearest subway. It's hard to see how they will attract the people they want without steep discounts given that.
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Old November 22nd, 2013, 04:36 AM   #9
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How many thousands of parking spots will this have?!!? It looks like everything less than 8 or 9 floors high will be parking!
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Old November 22nd, 2013, 12:31 PM   #10
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Lincoln Equities finally got the green light for its $1 billion Hallets Point megaproject.


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Old May 5th, 2014, 08:18 AM   #11
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Astoria's First Residential Waterfront Towers, Revealed!



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The 1-million-square-foot Astoria Cove development is officially moving through the Uniform Land Use Review Process, and now we finally have the first renderings of the three-tower waterfront project. STUDIO V Architecture shared the visuals with the Architect's Newspaper, describing the three new towers as "an outdoor room" that's defined by greenery and the curved shoreline it sits on. Shorter buildings will be capped with green roofs, and landscape architect Ken Smith filled the property with planted walkways, lots of trees, a rain garden, and flower beds. And, as is now required with waterfront projects, the entire development is set above the projected future floodplain. The towers will hold a total of 1,689 apartments, 259 of which will be affordable, and the street level storefronts will be a mix of retail and restaurants.










Quote:
Like what you see? You better, because STUDIO V is also designed the nearby Hallets Point, which is 1,000-units larger. That project, rendering as white towers in the image above, includes 2,100 market rate apartments, 500 affordable units, and community necessities like a bank, supermarket, and school.
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Old May 6th, 2014, 11:19 AM   #12
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It's okay I guess.
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Old May 8th, 2014, 12:13 AM   #13
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Nice, but especially the public space is good.
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Old May 8th, 2014, 12:17 AM   #14
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Nice to see another waterfront project
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Old June 11th, 2014, 11:55 PM   #15
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Astoria Megaproject Has Residents Scared About Affordability



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One of the two waterfront megaprojects planned for Astoria's Hallets Point peninsula continued its public review process last night at a community board meeting that revealed many neighbors are aching for details about affordable housing. In April, City Planning green-lit Alma Realty's application for the 1,000,000-square-foot Astoria Cove development, which earmarked 295 units out of 1,689 as affordable, or just about 20 percent. But at the meeting, an attorney representing Alma, Howard Weiss, could neither divulge if that's the final number nor how much the affordable units will cost. "I can tell you right now, as you know, it's 295. We're working to exceed it," Weiss told Queens Community Board 2's zoning committee and a crowded banquet room at Astoria Manor. The company is currently discussing the details with City Planning. Added Weiss: "We're not there yet. So I can't provide a number."
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Old August 5th, 2014, 12:55 PM   #16
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The mandated archeological studies of the Astoria Cove site are set to begin:

Archaeology Dig To Precede Construction at Historic Astoria Cove Site



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The swirling debate over the 1,723-apartment, 2.2-million-square foot Astoria Cove proposal overlooking Pot Cove represents just one more stage in the transition of an area where Hallet’s Cove namesake William Hallet operated a brick factory and the father of Astoria, Stephen Alling Halsey, bought property before he incorporated Astoria Village.

The site where American Indians once congregated in intermittent villages, ferry service to Manhattan ran from the 18th century to the mid-1930s and the federal government blasted out reefs and rocks to open up the treacherous Hell Gate demands archaeological study before any construction begins on the property, according to both a required city Landmarks Preservation Commission study attached to the development team’s Astoria Cove proposal’s environmental study documents and research by the Greater Astoria Historical Society.

“That part of Queens is one of the most archaeologically significant and historically significant areas in all of Queens,” said Robert Singleton, executive director of the society. He added, “Those streets in Old Astoria predate Wall Street in Manhattan by a generation. It’s the largest, most historic area without any preservation in New York City.”

While excavation teams won’t likely find any more artifacts dating before the 1830s in the area once frequented by the Maspeth Indians of the Algonquin tribe, the possibility of such discoveries in the area that got the name “Pot Cove” from Native American pottery remains in the cove–as well as potential excavations of cisterns and privies that could shed light on 19th-century mansions which once dotted Astoria Village–merit digs on the Astoria Cove site, according to the development team’s commissioned survey by archaeologist Celia Bergoffen.

[...]

Who knows? Amid the flotsam and bottles of an earlier era, they might unearth the remains of the first NIMBY...
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Old August 5th, 2014, 02:27 PM   #17
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Rather nice public space and a signal for investment in the area, that might take off some pressure from denser areas. Don't like the faceless boxy architecture though.

But please don't tell me they couldn't save the facades and cupola of the warehouse to the right here? Is it still standing?



It'll look like any other bland place where developers screwed over the local history.
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Old September 27th, 2014, 06:47 AM   #18
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Builders Turn Focus to Housing Market

http://www.nytimes.com/2014/09/27/ny...rket.html?_r=0
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In a sign of New York City’s rapidly shifting real estate market, the Durst family, whose empire was built on a forest of Manhattan office towers, is plunging into the housing market with an ambitious plan for a sprawling residential development on the Queens waterfront.

The Dursts, whose two skyscrapers on 42nd Street helped fuel the renaissance of Times Square, are now looking to spend $1.5 billion to transform a knobby, windswept peninsula in Astoria, where the East River meets the Harlem River, across the water from Gracie Mansion.

The Dursts’ move to Astoria highlights a trend in the city in which a seemingly insatiable demand for luxury housing has upended the traditional pecking order in the real estate world. Building glamorous office towers for Fortune 500 companies is not the surefire route to fame and riches it once was.

With the cost of land soaring and high-end apartments commanding soaring prices, developers whose reputation and wealth rests on gleaming office towers are leaping into the residential market in the hunt for profits.

Members of the Durst Organization, from left, Alexander Durst, David Neil, Helena Durst and Kristoffer Durst. Behind them, the site for the company’s first foray outside Manhattan. Credit Michael Appleton for The New York Times
Brookfield, a longtime commercial developer whose holdings include the former World Financial Center in Lower Manhattan, is putting down $1 billion for nearly 4,000 apartments in northern Manhattan and on Roosevelt Island.

In Queens, not far from the Durst project, Tishman Speyer Properties, the owner of Rockefeller Center and the Chrysler Building, is planning to build a rental complex with 1,600 apartments. In Downtown Brooklyn, Tishman Speyer is bidding against Vornado Realty and other developers for a former Macy’s property on Fulton and Hoyt Streets with an eye to turning it into a residential project.

The Fisher real estate family, which is also known for its office towers, is turning toward the residential side with the development of a 950-foot-tall condominium tower in TriBeCa and a 37-story apartment building on the East Side.

Although the Dursts have built a few apartment buildings in recent years, the Queens project represents a major, long-term investment in the city’s booming housing market and its first foray outside Manhattan.....
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Old September 29th, 2014, 10:07 PM   #19
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Astoria Cove up for approval: http://www.dnainfo.com/new-york/2014...a-cove-project



Quote:
City Planning to Vote on 1,700-Unit Astoria Cove Project

ASTORIA — The City Planning Commission is set to vote Monday on Astoria Cove, a proposal that would bring some 1,700 new apartments to the waterfront in Queens.

2030 Astoria Developers, which includes Alma Realty, is applying for a zoning change to construct five mixed-use buildings on the Hallets Cove peninsula between 9th and 4th streets.

The project would include almost 54,000-square-feet of retail space — including a supermarket — as well as a waterfront esplanade and a public school, according to the plan.

[...]
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Old September 29th, 2014, 10:43 PM   #20
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Approved: http://www.crainsnewyork.com/article...nt-is-approved
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