Related Cos. is being tapped to manage sales and leasing for Sky View Parc, the massive mixed-use complex in Flushing, Queens, being constructed by Muss Development.
Sources said that Muss' financial partner, Onex, a private equity firm that has invested $66 million in the project, has been frustrated by pace of activity at the 3.3 million-square-foot development and demanded changes be made. Both partners approached Related, which has yet to sign a contract, although the deal is imminent, sources said.
The project features six residential towers and a rooftop park set atop a three-story, 800,000-square-foot shopping center. The first three towers are close to being completed. Muss would not comment, but in a press release last year, it said 70% of the 448 condo units in the first building were sold. It also stated that 30% of the units in the second building were sold. Sales hadn't started on the third tower, according to media reports.