Thursday, July 12, 2018

Slick Silverstein

From the Real Deal:

Last month, Silverstein Properties’ ground lease for Queensboro Farm Products’ seven-lot development site in Astoria, Queens hit public records. However, it turns out that’s only a piece of a larger assemblage: Queensboro is just one of four landlords Silverstein is working with who collectively own 315,000 square feet of ground. Together, all the sites could give rise to nearly 4,000 apartments.

The overhaul wasn’t originally Silverstein’s idea, but that of a pair of developers who struggled for years to bring an ambitious plan they dubbed “Steinway Square” to life. Now, Henry Wollman of Quadriad Realty Partners and investor Robert Gans, who is perhaps best known for owning strip clubs, are suing Silverstein and the Astoria landlords, alleging the developer squeezed them out of their dream project.


Anonymous said...

Astoria.....another shithole like Flushing!

Anonymous said...

Does anybody in Astoria know about this?

Where are the civics? the elected officials? the community board?

Oh, sorry, its not Manhattan. The Guardians don't care and the Hoi Polloi don't have a clue.

Lets all talk about the important things in life like the best pizza.

georgetheatheist said...

"Hoi Polloi" in Greek = "the many" in English. Ergo [Latin], "the Hoi Polloi" is a common mistake. The English "the" is redundant.

Anonymous said...

The same old questions....where are the civics and officials?
Wake up. The area is zoned for high density.
Don't like it? Move! It's not going back to what it used to be.

Anonymous said...

Grumble, grumble , grumble!
I moved out instead of posting and wishing. Now my life is better.