NEW YORK CITY – The New York-based, development and asset management company, Fleet Financial Group has received approval from the New York City Board of Standards and Appeals for a new 350,178-square-foot, mixed-use development in Corona, Queens.

The new high-end hotel, residential and retail development, Eastern Emerald, will span 25 floors and will encompass a full city block. The property will consist of 175,000 square feet of residential space on the upper levels, and 145,900 square feet of hospitality space.

The project will feature an expansive open-air atrium at the center of the building, as well as a double-height rooftop deck and bar. The hotel will offer spaces and amenities including a ballroom, an auditorium, meeting rooms, terraces and an outdoor pool.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.