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  #21  
Old Posted Apr 1, 2018, 8:32 PM
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No, not everyone knows we're only talking about the "yuppie types." Is that all we're talking about? And why? Also, that's very newsworthy that no millennial "yuppie types" live in Bushwick, Brooklyn or Woodside or Ridgewood, Queens. That's news to me. Very insightful.
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  #22  
Old Posted Apr 2, 2018, 1:05 AM
antinimby antinimby is offline
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Originally Posted by Busy Bee View Post
No, not everyone knows we're only talking about the "yuppie types." Is that all we're talking about? And why? Also, that's very newsworthy that no millennial "yuppie types" live in Bushwick, Brooklyn or Woodside or Ridgewood, Queens. That's news to me. Very insightful.
I didn’t bring that up. Someone brought up that this project was going to help with the housing shortage for millennials, which clearly is not the group that this project is intended for or would even interest millenials as it is too far out. And you clearly know that but because you are sore from our exchange in another thread so you wanted to be a sore pr*ck and nitpick on wording/technicality. Of course there are someone born between 1981 - 2000 anywhere, even the Brazilian Amazon or Russian Siberia but everyone knows that the millenials that were beng discussed are NYC yuppies. Are there going to be someone in that age grroup out of the thousands of families that will be living here? Of course, that goes without saying but you wanted to sound like an ass with the your snide “no, not one single” remark.

And because you are a petty person, we have to waste time and bandwidth talking about bullsh t stuff that NYGuy is going to delete anyway because it’s offtopic.
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  #23  
Old Posted May 8, 2019, 6:07 PM
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City Agencies To Review Proposals For The Peninsula Hospital Redevelopment Site In Edgemere, Queens







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City agencies will soon review amended proposals to redevelop the former Peninsula Hospital site in Edgemere, Queens into an 11-building mixed-use complex. The development’s final scope of work arrives a year after residents and community members were invited to provide commentary and feedback on initial plans.

The buildings are designed by Aufgang Architects and are spread across 9.3 acres of vacant property. If approved, the development would yield a whopping 2,200 residential units. Over 87 percent or 1,927 of those units would be restricted to households at or below 80 percent area median income. The remaining units would be split between market-rate housing and affordable housing for seniors.

The development would also introduce 72,000 square feet of retail space, including a fitness center and a supermarket, 77,000 square feet of community facilities programmed for medical use, and 24,000 square feet of publicly accessible open space.

The project would be financed through a mix of private investments and funding from government agencies or programs related to affordable housing development. If approvals are granted, the completed complex is expected to wrap construction by 2034.
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  #24  
Old Posted Nov 21, 2021, 3:33 PM
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Tishman Speyer grabs bulk of Arker’s mammoth, delayed project
Firm will acquire 10 of 11 sites for Edgemere Commons


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Affordable housing developer Arker Companies was supposed to break ground on the city’s biggest privately funded affordable project in early 2020.

Now, two years later and without a shovel yet in the ground, office giant Tishman Speyer is stepping in to get things going.

The firm said Friday it would acquire 10 of the 11 building sites that will make up Edgemere Commons, a sprawling 2.2-million-square-foot project in Far Rockaway, Queens, with 2,050 affordable units surrounded by public space, a community center and retail shops.


Arker, which will keep one planned building in the deal — also the first to begin construction — now expects to break ground in January. In 2019, the firm had estimated the entire project to finish up around 2035, Crain’s reported.

A spokesperson for Arker attributed the postponed groundbreaking to city-side delays with affordable housing projects, and stressed that the 2020 timeframe was never a “hard deadline” but a date by which the developer “expected to break ground.”

“The city only had so much capacity during the pandemic and prioritized deals that had medical facilities,” the spokesperson said. Edgemere Commons includes a medical space, but it’s not part of the first site slotted for construction.

Real estate attorneys have said that staffing issues at the city’s Department of Housing Preservation and Development over the past year and a half have delayed projects.

HPD did not immediately comment on the origin of pandemic-era delays or whether they slowed Edgemere Commons.

Gary Rodney, head of Tishman’s affordable housing platform TS Communities, launched last year, said in a statement that Edgemere Commons fits the mold for the type of development the firm envisions.
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https://therealdeal.com/2021/11/19/t...layed-project/
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  #25  
Old Posted Nov 21, 2021, 4:34 PM
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Hopefully the plans stay the same...this is a great project.
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  #26  
Old Posted Nov 21, 2021, 5:46 PM
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Hopefully the plans stay the same...this is a great project.
This is great contextual infill. I hope we do much more of these developments along the coasts of the outer boroughs. the City should also fund a massive tree and vegetation initiative along our beachfronts.
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  #27  
Old Posted Nov 22, 2021, 7:05 PM
mrnyc mrnyc is offline
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this looks like the avalon builders post college style developments, except its income adjusted.

its fine and a dense urban style, fitting of the site, and much better than the old tower in the park pj's next to it, so no complaints at all.

that micro-neighborhood could use a bigger influx of people with at least some coin than rippers, tacoway and averne-by-the-sea can bring.

i would expect several more of these types of developments out there on the old bungalow lands.
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  #28  
Old Posted Jun 2, 2022, 10:10 PM
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Developers Break Ground At Edgemere Commons Affordable Housing Complex In Edgemere, Queens






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Construction has officially broken ground at Edgemere Commons, a new 11-building affordable housing complex located on the former Peninsula Hospital complex in Edgemere, Queens. The complex spans 9.35 acres and will eventually comprise 2.2 million square feet with 2,050 affordable and supportive housing units.

The development team for the first building at Edgemere Commons consists of The Arker Companies and Slate Property Group. The building will top out at 17 stories and comprise 194 affordable apartments, a 23,000-square-foot supermarket, and 24,000 square feet of parking.

The residential offering will include 29 apartments for adults with developmental disabilities and 30 apartments for formerly homeless adults.

Residents with developmental disabilities will have access to on-site supportive services provided by the Block Institute. Formerly homeless tenants will receive rental subsidies and supportive services from WellLife Network through an Empire State Supportive Housing Initiative award administered by the New York State Office of Mental Health.

Amenity spaces in this building will include a community room, a recreation room, bicycle storage, laundry facilities, a roof terrace, and outdoor activity space.

Across the development, additional components include 973 parking spaces, 38,000 square feet of publicly accessible open space, 77,000 square feet of community spaces, and 72,000 square feet of neighborhood-oriented retail including a supermarket, a fitness center, food and beverage destinations, and general retail.

Tishman Speyer purchased the remaining ten buildings from The Arker Companies in 2021, and will lead development and construction of those remaining properties. All of the buildings are designed by Aufgang Architects.

Construction costs for the entire complex are estimated at $100 million.

State financing for the first phase includes $14.7 million in permanent tax-exempt bonds and Federal Low-Income Tax Credits that will generate $47.7 million equity from New York State Homes and Community Renewal. The New York State Department of Environmental Conservation awarded Brownfield Cleanup Program Tax Credits that will generate $5.6 million in equity.

The New York State Office for People With Developmental Disabilities is also providing $5 million in support. The New York State Office of Mental Health will be providing $750,000 annually to subsidize 30 supportive units through the Empire State Supportive Housing Initiative, as well as $258,000 in Program Development Grant start-up costs.
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