From the Times Ledger:
River Park Place, a five-tower, mixed-use development project, has long been planned for the Flushing River waterfront, but Community Board 7 Vice Chairman Chuck Apelian has never heard of the project.
The plan by Manhattan’s LEV Development would bring more than 1 million square feet of residential and commercial space to 39-08 Janet Place, the neglected vacant area between Assi Plaza and Sky View Parc, according to LEV President and Chief Executive Officer Eddie Shapiro.
“It was going to be towers.” Shapiro said. “We’re still involved with it. It’s going to be 1 million square feet, but right now we can’t get financing for it .... we won’t be getting financing for it in the near future.”
The plan, as laid out on LEV’s website, is for 450 condominiums as well as hotel, office and retail space on the lot, also identified as 131-35 Roosevelt Ave.
But there are no current permits for construction at the site, and one that would have allowed for construction of a residential building there expired in March, according to city records.
Chuck Apelian, vice president of CB 7, said he had never heard mention of the project until last week and it had never come before the board in any form.
“It’s not a variance or a rezoning application. Every piece of land has the opportunity to build — that’s what as-of-right is — but it has not come before us,” he said.
But he added that the project, which he called “huge,” may face significant hurdles because the water table is high in that area right next to the Flushing River, meaning parking would most likely have to be built above ground there.