From Crains:
A rare 18-acre development site—the largest available in Queens—is up for grabs at a deep discount, according to Massey Knakal Realty Services, the brokerage tapped to exclusively market it.
The waterfront property, located at 151-45 Sixth Road in the borough's Whitestone section, was approved by the city for 52 single-family homes, according to Stephen Preuss, first vice president of sales at Massey Knakal. The plot includes six underwater acres suitable for boat docks or a marina.
The previous owner defaulted on his loan and the site was taken back by the lender, said Mr. Preuss. According to public records on PropertyShark.com, Capmark Financial Group is the lender and the original mortgage on the site was $4.2 million. There is no asking price for the property at this point.
“This is a unique area of Queens and is ideal for a local multi-family developer,” said Mr. Preuss, who would not disclose how much debt is on the property now, but said that the total “far exceeds what the property will sell for.” He stressed that the property will be delivered to the new owner clear of any liens.
The previous owner received approvals to build 52 single-family homes averaging at least 3,200 square feet designed for middle to middle-upper income families.
Of course, this is referring to Bayrock Whitestone.
The owners got into a little legal trouble.
31 comments:
I didn't read any information about the "brownfield" situation. What gives? It was in your title...
This is another example why whitestone needs al centola to run for higher office.
Yep build homes on brown fields why not after all it was cleaned up
52 more homes at a minumum without any consideration for the fact that the local schools are already overcrowded and there is no high school in the area
Al is right the 6 acre parcel just down the block from there needs to be preserved and turned into soccer baseball and all that good stuff kids need and deserve
The councilman says their are enough fields and parks in the area but with all the new development and this eventual development the area needs more
Also who ever buys that land and gets the approvals needed after of cours all of the impact studies are done should have to give some concessions to the commuity like they do in brooklyn and manhattan
Good luck Al those fields are needed now more then ever
I for one hope our councilman stops cursing at shop owners and ranting on facebook so he can actualy do what is right for whiteston being that it has "awakened" and all
Bite your tongue and be glad that Whitestone does not have a HS. If you want to know why, drive past Bayside or Francis Lewis HS during school hours.
Be glad they are developing one family homes and not something more dense.
RE: Brownfields
http://bayrockgroup.com/portfolio/
Bayrock Group is developing a 15-acre parcel of land located along the East River in
Whitestone, Queens. The project has received signoff approval from NYC Planning to
proceed with and enter into official re-zoning of the site from manufacturing to residential.
The site is currently being re-zoned from M-1 manufacturing to R3-2 Residential zoning.
The site is currently in the midst of the Brownfield Cleanup Program. The development
will include the new construction of 52 single family homes, as well as a publicly accessible
and lavishly landscaped waterfront promenade. The residential waterfront community will
be the first of its kind in the area.
52 new homes?
Our schools are already overcrowded.
The traffic is already terrible.
Parking is awful.
The sewer system is already strained.
The housing market is already weak.
Most of the people who live in our community moved here because of the quality of life. We don't need developers coming here from outside of our community to destroy our quality of life for a quick buck and then go home with their pockets full of cash.
Point is al is right! Lets get the last 6 acres before mattone and markell get it. Our community deserves better, our taxes are the highest or close to it. Our kids have nothing, yet when you go into any other HOOD, they have top quality fields.
al centola needs to run for office, he has the kids and families ahead of any developer. al keep up the fight and you are right who ever gets that property needs to give some open space back to the community. maybe they could sponsor the fields as part of their development. Keep mattone and markell out.
Builing homes on brownfields, great.
What and who are Whitestone Partners, LLC?
The Julius mentioned in the court filing was Chuck Apelian's good friend for more than 20 years.
Anonymous said...
What and who are Whitestone Partners, LLC?
......................................................
Ever hear of Google?
http://www.nyc.gov/lobbyistsearch/search?client=151-45+SIXTH+ROAD+WHITESTONE+PARTNERS+LLC
CLIENT. Multiple matches were found for "151-45 SIXTH ROAD WHITESTONE PARTNERS LLC". Please select from the following list:
Client Name H
Client Address H
Begin Date H
End Date H
Principal & Additional Lobbyists H
Lobbyist Address H
Lobbyist Officer H
Details H
151-45 SIXTH ROAD WHITESTONE PARTNERS LLC
725 FIFTH AVENUE 24TH FLOOR
ny, NY 10022
United States of America
(212) 207-6650
01/01/2007
12/31/2007
Constantinople & Vallone Consulting LLC
Anthony constantinople III
anthony constantinople JR
laura imperiale
Peter vallone SR
Constantinople & Vallone Consulting LLC
233 Broadway, Suite 830
New York, NY 10279
United States of America
(212) 393-6500
Anthony Constantinople Jr
Target: EXECUTIVE LEGISLATIVE AGENCIES
Subject: Real Estate & Construction
Compensation Reimbursement
P1 $22,500.00 $0.00
P2
$15,000.00
$0.00
P3
$30,000.00
$0.00
P4
$22,500.00
$0.00
Total
$90,000.00
$0.00
151-45 sixth Road Whitestone Partners LLC
725 5th Ave 24th floor
NY , NY 10022
United States of America
(212) 207-6650
01/01/2008
12/31/2008
Constantinople & Vallone Consulting LLC
TOny constantinople
Peter Vallone sr
Anthony constantinople III
Laura imperiale
Constantinople & Vallone Consulting LLC
233 Broadway, Suite 830
New York, NY 10279
United States of America
(212) 393-6500
Anthony Constantinople Jr
Target: EXECUTIVE, LEGISLATIVE AND AGENCIES
Subject: Real Estate & Construction
Compensation Reimbursement
P1 $15,000.00 $0.00
P2
$15,000.00
$0.00
P3
$15,000.00
$0.00
P4
$15,000.00
$0.00
P5
$15,000.00
$0.00
P6
$7,500.00
$0.00
Total
$82,500.00
$0.00
151-45 Sixth Road Whitestone Partners, LLC
725 Fifth Avenue, 24th Flr.
New York, United States of America 10022
(212) 207-6650
07/15/2006
12/31/2006
Constantinople Consulting
Peter F. Vallone Sr.
Anthony J. Constantinople Jr.
Anthony J. Constantinople III
Laura Imperiale(not ny city council)
Constantinople Consulting
123 William Street, 22nd Flr
New York, United States of America 10038
(212) 393-6500
AJ CONSTANTINOPLE JR
Target: EXECUTIVE - LEGISLATIVE - AGENCIES.
Subject: REAL ESTATE, ZONING, LAND USE.
Compensation Reimbursement
P1 $0.00 $0.00
P2
$0.00
$0.00
P3
$22,500.00
$0.00
P4
$22,500.00
$0.00
Total
$45,000.00
if you "REALLY" are concerned about the kids play space in N.E. Queens ?
opt to get use of the wasted Bayside H.S. unused tennis and basketball space ,next to the football /baseball fields. on 32 nd avenue. also the soccer field on the north side is not used much ?
did you know that the D.O.E. fills seats at Bayside H.S & F.Lewis H.S. from sections of S.Queens,where the communities are zoned to these schools. the progressives in the democrat party will never allow a public H.S. to draw only from the local residents.
it is a so-called voluntary scheme for racial integration, that really is a involuntary plan for those pupils bused away from their communities.
I don't like this one bit . . .
What do the councilman have to scram about this?
Is it a good idea?????
Give em hell al........
Why do developers keep spelling "point" as "pointe?" Are they illiterate, or does the extra letter signify fanciness?
Also, would these new streets allow for public parking? if not, then the guests of these homeowners would add to the parking crunch on nearby older streets?
How close are the nearest stores and bus stops? Or do the builders expect to develop a 1950s-style development, where the resident would be entirely dependent on their cars?
Would the open space on this development be accessible to the public, or only to the residents?
if you "REALLY" are concerned about the kids play space in N.E. Queens ?
opt to get use of the wasted Bayside H.S. unused tennis and basketball space ,next to the football /baseball fields. on 32 nd avenue. also the soccer field on the north side is not used much ?
While you may be on to something, its not in Whitestone, and why should we have to travel that far when we can get it where it belongs.
why do you think that the P.S.169 Q building ,in Bay Terrace, was one of the few local K-5 public schools converted to K-8. The 6-8 grade is called Bell Academy.
the c.s.d.25 did no longer have to send grade 6 to I.S.25, which is now a grade 5-12 building, with pupils from all of Queens.
the Bay Terrace parents keep the pupils local, until they enter a private 9th grade.
the chosen get special treatment from nyc /d.o.e.. why ?
So this propery gets sold and a new developer comes in. We as a community need to be involved and make sure that the project does not become bigger than it already is. We need to have resolutions to the overcrowding problems in the the already existing schools. We need to have resolutions to the already existing traffic problems in the community. We need to have resolutions to the lack of proper playing fields for all our youth sports leagues. We need to have resolutions to in order to not add more strain to already overcapacity sewers and other infrastucture.
We need to secure the Public Access space as part of the developement, and we need to secure acquisition of the CYO lot for our community and our children.
Hey! Maybe Joe Franco should buy this land and build a huge catering hall there!?!?! Now that's just what the community needs!
Al Centola for Council, write him in and forget all the other crooks with developers hands so far up their asses you can see the fingers come out the noses.
Please help us now
donate to MATT SILVERSTEIN
SAVE WHITESTONE
http://www.matthewsilverstein.org/
Who the he'll is Matt Silverstein? He's never done anything in Whitestone except go to Debbie markel's fancy parties,and she's pro over development. Write in Alfredo central next election.
Who the he'll is Matt Silverstein? He's never done anything in Whitestone except go to Debbie markel's fancy parties,and she's pro over development. Write in Alfredo central next election.
Monday, December 12, 2011
SORRY MEANT CENTOLA
Chuck "follow the buck" Apelian
appears to keep "great" company!
And how many printing contracts has CB 7's zoning chair's company gotten from developers coming before the board over the years?
Maybe it's time for DOI to look into this shady rug dealer!
WOW!
I see Vallone's and Apelian's name!
No wonder "follow the buck" Chuck was Paul Vallone's campaign manager.
Those bus shelter ads that Apelian's printing company did for Don Paulo sure must have paid his real estate taxes for at least 5 years in advance.
Then, all he had left to do was consult his neighbor John Liu on how to "tax shelter" the rest of the cash.
With "The Godfather" musical theme playing in the background:
This is "bigger than US Steel"!
Questo coso di MAFIOSI!
And how many printing contracts has CB 7's zoning chair's company gotten from developers coming before the board over the years?
Maybe it's time for DOI to look into this shady rug dealer!
Ask so mome of the recent approvals ie. corner of Northern before bridge the pet shop building and maybe the new owners of the old movie theatre they cand stand chuck after all the bs he pulled with them.
Do you really believe that on such a large parcel of land they are only going to develope 54 houses. Come on! They'll run down to CB7 and Vallone's friend Chuck, head of land use committee, will ok it of 100 or more. They already approve 6 acres four blocks away for 55 houses. The Vallones want to turn Whitestone into Astoria.
This exactly why Paul Vallone wants to be City Councilman in District 19. If our community elects that guy to represent Northeast Queens the Vallones and their developer friends will destroy Whitestone, Bayside, Little Neck and Douglaston.
VALLONES ARE IN THE POCKETS OF THE DEVELOPERS OUT TO DESTROY OUR COMMUNITY!
Unless Ianecce, Behar, or Cenotla run for City Council we're screwed!
Don't trust a Vallone!
This exactly why Paul Vallone wants to be City Councilman in District 19. If our community elects that guy to represent Northeast Queens the Vallones and their developer friends will destroy Whitestone, Bayside, Little Neck and Douglaston.
VALLONES ARE IN THE POCKETS OF THE DEVELOPERS OUT TO DESTROY OUR COMMUNITY!
///////////////////////////////////
AND HALLORAN IS VALLONES BI#*H SO WHAT DO WE DO?
SO SCREWED SO SCREWED
problem with iannecce is that the same d elia that is with halloran was his campaign manager or at least really close to him
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