The Metropolitan Transportation Authority is expected to green light a development project on Wednesday that will result in a new $35 million hotel in Jamaica Queens at the Long Island Rail Road station.
The MTA's finance committee approved the deal on Monday. It will go before the full board for a vote Wednesday morning. A spokesman for the agency said the board is expected to approve the transaction, which involves selling a plot of land to developer, Able Management Group, for $1.7 million. Able was one of two firms that submitted a request for a proposal last year to develop the property into a 210-room, 24-story hotel.
The MTA owns about a third of the land, the full cost of which is $4.5 million. Located across from the AirTrain Station, the hotel is a coup for the Greater Jamaica Development Corp., which owns the remainder of the land.