Related Companies and Sterling Equities have filed plans to build a pair of affordable housing towers on land next to Citi Field in the Willets Point neighborhood of Queens, an area once filled with auto body chop shops.
Queens Development Corp., a joint venture of the partners, is planning to build two 12-story mixed-use developments at 126-43 and 126-55 39th Avenue in Willets Point.
Sterling Equities is owned by the Wilpon family, former owners of the New York Mets, who play at Citi Field.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.