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RT06082017

30 JUNE 8, 2017 RIDGEWOOD TIMES WWW.QNS.COM Another tall offi ce and retail development planned for lIC Ridgewood Times Rental Guide Listings selected at random. Courtesy MLSLI RIDGEWOOD 62nd Street 77th Avenue 58th Road 65th Street 1 bedroom 1731 Cornelia St. $1,900 Newly renovated Close to public transit John Zakowski McZaks Realty 2 bedrooms 69-55 62nd St. $2,600 Newly renovated Plenty of closets Danuta Rybak Exit Kingdom Realty 3 bedrooms or more 53-15 Metropolitan Ave. $2,275 Spacious living room Close to transit & shops Christopher Tscherne Tscherne Realty GLENDALE 1 bedroom 79-80 77th Rd. $1,800 Renovated kitchen One month’s security required Pedro Leon Century 21 American Homes 2 bedrooms 69-21 Myrtle Ave. $2,000 New appliances Central air conditioning Christopher Snyder Keller Williams Realty Liberty 3 bedrooms or more 77-13 79th Pl. $2,300 Four bedrooms Spacious apartment Marta Perez Realty By The Park MASPETH 1 bedroom 53-112 63rd St. $1,500 New carpeting Lots of closets Karen Macchia Century 21 American Homes 2 bedrooms 71-11 60th Ave. $2,000 Spacious second-fl oor unit Close to transit Chel Chi E Realty International Corp 3 bedrooms or more 69-11 58th Rd. $2,200 Newly-renovated Good credit required Paul Hua Exit Realty One MIDDLE VILLAGE 1 bedroom 57-46 79th St. $1,600 Furnished apartment Lease available Aili Tracey Douglas Elliman Real Estate 2 bedrooms 61-21 69th Ln. $2,300 Ample closet space Garage access included Lisa Grassia Exit Kingdom Realty 3 bedrooms or more 64-18 65th St. $2,250 Close to public transit Washer & dryer in unit Malgorzata Pieniadz Realty By The Park BY ANGELA MATUA [email protected] / @ANGELAMATUA A new eight-story building planned for Long Island City will seek to attract retail and commercial tenants in a neighborhood that has seen a residential complex boom in the last few years. Jackson Square, a development that will be built at 23-20 Jackson Ave., includes three fl oors dedicated to retail and fi ve fl oors of space for commercial tenants. Jackson Square is located across the street from the Citigroup building and is currently a one-story structure. According to its website, the building will include 53,329 square feet of space on the fourth through eighth floors for commercial tenants and 30,000 square feet on the fi rst three fl oors for retail tenants. Each fl oor also features outdoor space. The Vorea Group, which purchased a 99-year lease for the site last year, is trying to entice tenants by promoting Relocation and Employment Assistance Program tax credits, which the city gives to businesses when they relocate outside of Manhattan. Businesses are entitled to $3,000 for each employee, Real Estate Weekly fi rst reported. Garry Steinberg, managing director and principal of marketing fi rm Lee & Associates, told Real Estate Weekly that the building’s location off ers many benefi ts to tenants looking to move in. “Today’s Long Island City offers unparalleled access to four boroughs and two international airports for customer traffi c,” he said. “In addition, the area has a rapidly growing, affl uent residential population, as well as an expanding commercial sector.” The city is looking to rezone the Court Square section of Long Island City in hopes to attract more commercial and retail tenants, arguing that more supply will drive down rent costs. But in a February community meeting to discuss the plan, longtime residents and business owners expressed fear that the rezoning would only bring in tenants looking to pay top dollar and make it more expensive to live and work in the area. No plan has been fi led for Jackson Square with the Department of Buildings as of yet. REAL ESTATE Photos via The Vorea Group An eight-story retail and commercial building is planned for Long Island City.


RT06082017
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