WWW.QNS.COM RIDGEWOOD TIMES MARCH 5, 2020 19
Amazon signs lease for space at
Rentar Plaza in Middle Village
BY BILL PARRY
BPARRY@SCHNEPSMEDIA.COM
@QNS
Just over a year after Amazon
scuttled its plans to build a massive
HQ2 campus in Long Island City,
and create 25,000 jobs, the e-commerce
giant has signed a new lease for space
in Middle Village.
Amazon is taking roughly 300,000
square feet of space in Rentar Plaza,
located at 66-26 Metropolitan Ave.,
according to the loan database
TreppWire.
“I am thrilled to hear that Amazon
has signed a lease at Rentar Plaza,
which is in desperate need of revitalization,”
Councilman Robert Holden
said. “I actually suggested this location
to Amazon two years ago. My
hope is that this brings hundreds
more jobs and renewed commercial
activity to the area, which will be extremely
valuable to our community
for years to come.”
The Real Deal reports that Amazon
will be taking over the Metropolitan
Museum of Art’s 109,000-square-foot
space, plus the remaining 190,000
square feet of vacant space on the
property.
QNS reached out to Amazon and is
awaiting its response. The Metropolitan
Museum of Art’s lease was set to
expire in July, and the Amazon lease
brings Rentar Plaza to full occupancy,
Amazon reportedly signed a new lease for space in Rentar Plaza. Photo by Mark Hallum
the Real Deal reports.
The city of New York is the property’s
largest tenant with more than
500,000 square feet of space occupied
by the Department of Citywide Administrative
Services.
Amazon is also in talks for a giant
distribution center in Maspeth at the
old Cascades Containerboard factory
on Grand Avenue. That property was
recently acquired by a Californiabased
company called LBA Realty
for $72 million and the deal involves
a partnership with RXR to build a
four-story warehouse that would be
ideal for the “last mile” of logistics for
the e-commerce company.
Additionally, Amazon signed a
lease in December for 335,000 square
feet on Manhattan’s Far West Side,
enough space for 1,500 employees
and the corporation is also considering
buying the Lord & Taylor building
from WeWork for nearly $1 billion.
Seven-story residential apartments planned
for Happy Days clothing site in Ridgewood
BY MAX PARROTT
MPARROTT@SCHNEPSMEDIA.COM
@QNS
In January, the new owner of 17-11 Hancock St. — formerly Happy Days
children’s clothing store — fi led permits to build a seven-story residential
building on the property.
The property was sold along with adjoining plots at 56-40/56-42 Myrtle
Ave., near the M and L subway lines, for $9.3 million in November.
The proposed 70-foot-tall development will yield 60 units and 47,756
square feet — 39,673 of which is designated for residential space. The
plans call for a 30-foot-long yard in the back of the building.
The owner on file, Leo Kaufman, listed the application under the Hancock
Residence LLC. Over the past five years, Kaufman has developed
two other small-scale apartment complexes nearby at 18 Stanhope St.
and 79 Stanhope St. on the other side of the Bushwick border.
As New York Yimby reported, the average size of the unit, which
would be approximately 661 square feet, suggests that they would be
rentals.
After being filed on Jan. 2, the application is still pending with the
Department of Buildings. Photo courtesy of Ariel Property Advisors
/WWW.QNS.COM
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