Development in Jamaica is about to pick up and bring big changes to the New York City real estate scene, according to a firm building new apartments in the area.
TCX Development, a Great Neck-based firm, is working on a seven-story, 21-unit apartment building on Hillside Avenue near 191st Street. TCX officials believe they are ahead of the wave of development they feel is coming to the neighborhood because of its zoning, extensive public transportation network and massive downtown shopping district.
The building will mostly be comprised of one-bedroom apartments for $1,600 a month, which Asherian said will be attractive compared to Brooklyn and Manhattan prices for comparable rooms. There will also be one three-bedroom penthouse.
$1,600/mo seems a little steep for a one-bedroom in Jamaica. But if it doesn't work out, the Department of Homeless Services will gladly pay $3,500/mo for these apartments.
19 comments:
3/4 of a mile to the subway? Even further from the part of Jamaica that's decent? There are better neighborhoods with better transit and amenities closer in where you could get an apartment at that price.
If you build it, the yuppies will come eventually. Soon you'll see them everywhere in Jamaica....it's only a matter of time. Just put a Starbucks there and the yuppies will gentrify Jamaica.
Why does the city get charged more?
The building actually looks very nice but that's too high.
I am a little surprised, but not shocked, there is a good bit of development down the pike in Jamaica and it is pretty much the last place in Queens for major development (and it needs it), plus so much of Queens is seeing increases in areas they cannot afford (LIC, Astoria, etc). I mean they are getting rents like that at Moda on Parsons (Jamaica Ave/Hillside), but then you are just two blocks for the E, F and J).
Hey, look at places like Williamsburg, when they first started developing a long time ago, people said no subways beside the L (if you are by the water, you have a good 20 minute walk to the subway).
Face it stranger things have happened in the real estate market in NYC.
Wait till the old Mary Immaculate Hospital near Rufus King Park turns into Condos (someone has already bought that building).
I am just saying..............
it's not going to work realtors,Jamaica is too far east and has no views of the skyline.
there are aesthetics to consider if you want these trustfund nimrods to move all the way there.and the walk is too far to the subway and I doubt these people you want to attract even take the bus.
People want to live near parks and waterfronts. What amenities are available in Jamaica? I wouldn't want to walk 8 blocks from the subway at night in that neighborhood.
Mary immaculate is being converted into a homeless shelter. Surprise!
These places charging these rents in Queens will cram 4 - 6 + people in each unit.
When the buildings wear out (cheap construction and heavy use) they will have 2 or 3 families in each unit.
And believe me, from where these people come from, it will be a welcome step up .... for them.
Before they start developing buildings, why don't they develop the roads. Have you seen that stretch of hillside ave? Pot holes and mini mountains to drive over.
Anon stated:
"People want to live near parks and waterfronts. What amenities are available in Jamaica? I wouldn't want to walk 8 blocks from the subway at night in that neighborhood."
Not every neighborhood has waterfronts (it is not like the waterfronts in NYC are beautiful clean bodies of water, the water is polluted dirty rivers), skylines or even parks. I mean Ridgewood has no waterfront and no real park at all and depending on where you live not close to a subway, which they only have the M or J.
Cunningham Park, one of the nicest and cleanest parks in NYC, is right near by that area of Jamaica and that area is not bad (does the person making the comment even live there or go there).
And what amenities did Williamsburg really have before it took off?
Hey, I get down on Jamaica for good reason (plus I live there), but some of you are such doom and gloom and so negative.
Bottom line, real estate developers can anything to anyone, just by saying "up and coming" and "hot" and people will come and the neighborhoods do end up changing based on that.
@Anon: "Mary immaculate is being converted into a homeless shelter. Surprise!"
Can you provide some source backing up this assertion?
Anon stated:
Mary immaculate is being converted into a homeless shelter. Surprise!
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Why do people in this day in age just say something without any proof and that makes it true.
This is false as far as I know. The building is owned by, The Chetrit Group,and plans to turn it into condos or market rate apartments. Inside demolition had been stopped by DOB because of excess debris, but at this time, no word when the work will continue.
Due to the size of it, no one would give the okay to turn it into a homeless shelter, especially considering where it is located.
Stop making up stuff, unless you have solid proof.
"People want to live near parks and waterfronts. What amenities are available in Jamaica? I wouldn't want to walk 8 blocks from the subway at night in that neighborhood."
Two words:
Bedford Stuyvesant
Re: the former Mary Immac Hosp site, walking east on 89th Ave past Presentation Church, there are already two big shelters.
One is run by Catholic Charities, the other I believe is NYC-run.
Additionally, at least one bldg on 160th St, north of 89th Ave, looks to also be a shelter.
Consequently this area has seen its share of problems with vagrancy and litter.
It would be the death knell of efforts to improve the downtown area to permit another shelter building to open.
It's very unlikely that this would occur.
Isn't Hillside and 191st in Hollis?
http://www.mapboundary.com/New_York/Queens_County/Hollis.aspx
Very close to the eastern border of Jamaica Estates (188th St).
They might have chosen to designate the project as Jamaica, given that the nearest subway stop is 179th St, last stop of the F.
179th Street is definitely in Jamaica, but I've always thought that once you were past 188th Street, you were in Hollis.
BTW, that project is (or was as of a few weeks past) causing structural damage to at least one building behind it on 191st Street. I was onsite when resident had some dealings with someone from the construction site
Helen Marshall equals SHIT
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