36 MAY 27, 2021 RIDGEWOOD TIMES WWW.QNS.COM
Planned luxury development in Corona slated for completion in 2024
Ridgewood Times Sales Guide
Under $600,000
61-20 71st Ave. Unit E1A
$529,888
Condo
2 bedrooms, 2 bathrooms
Deirdre Folan, Keller Williams
Rlty Landmark
$600,000-$1,000,000
62-48 60th Place Unit 2A
$619,000
Condo
2 bedrooms, 2 bathrooms
Beata Fil, Exit All Seasons Realty
Over $1,000,000
62-55 60th St.
$1,200,000
Multi-Family
7 bedrooms, 3 bathrooms
Nicholas Conti, LAFFEY REAL
ESTATE
Under $600,000
90-50 Union Tpke., Unit 8K
$399,900
Co-op
2 bedrooms, 1 bathroom
Michal Marek and Bartosz Olszewski,
Sold By Bart R E Partners Inc
$600,000-$1,000,000
78-57 79th Place
$679,000
Single Family
3 bedrooms, 1 full and 1 half
bathrooms
Andrew LaSala, Crifasi Real Estate
Inc
Over $1,000,000
71-52 68th St.
$1,138,888
Multi-Family
4 bedrooms, 3 bathrooms
Keller Williams Points North
Under $600,000
52-15 65th Place Unit 2E
$265,000
Co-op
1 bedroom, 1 bathroom
Beata Fil, Exit All Seasons Realty
$600,000-$1,000,000
70-03 52nd Ave.
$750,000
Townhouse
3 bedrooms, 2 bathrooms
Nan Zhang and Tao Zhang, N & H
Realty Group Inc
Over $1,000,000
56-36 61st St.
$1,249,000
Multi-Family
4 bedrooms, 3 full and 1 half
bathrooms
Ioannis Psomopoulos, RE/MAX
Team
Under $600,000
61-88 Dry Harbor Road, Unit 1J
$385,000
Co-op
2 bedrooms, 1 bathroom
Bartosz Olszewski and Michal
Marek, Sold By Bart R E Partners
Inc
$600,000-$1,000,000
64-36 84th Place
$749,000
Single Family
2 bedrooms, 1 bathroom
City View Real Estate
Over $1,000,000
62-25 65th St.
$1,199,000
Multi-Family
5 bedrooms, 4 full and 1 half
bathrooms
Macaluso Realty
REAL ESTATE
BY ANGÉLICA ACEVEDO
AACEVEDO@SCHNEPSMEDIA.COM
@QNS
Plans for a new 25-story, mixeduse
luxury development in
Corona are moving forward.
Eastern Emerald, the planned
high-end hotel and residential development
on Northern Boulevard,
has received approval from the New
York City Board of Standards and
Appeals (BSA), property owners
announced on Monday, May 24.
The as-of-right development will
be located at 112-15 Northern Blvd.,
and will be 350,178 square-feet and
372 feet tall, encompassing a full
city block near LaGuardia Airport,
Citi Field, Flushing Meadows
Corona Park and the Flushing Bay
Promenade.
The property will be bounded by
Astoria Boulevard to the northeast,
112th Place to the west and Northern
Boulevard to the south. It will total
80,000 square-feet and includes
more than 315 feet of frontage along
Northern Boulevard, 485 feet of
frontage along Astoria Boulevard
and about 470 feet on 112th Place.
The residential portion of the
project will include about 175,000
square-feet on the upper levels of
the development and the hotel will
encompass 145,900 square feet of
the building.
Developers also received a certificate
of completion from the NYSDEC
Brownfield Cleanup Program for
its full remediation of the site. The
site served as an automobile service
repair facility and gas station since
the 1930s, which caused the soil and
groundwater to be contaminated,
but following extensive cleanup
from developers, it’s achieved significant
remediation.
Eastern Emerald will feature
an expansive open-air atrium in
the center of the building starting
at the third level and rising to the
top floor, as well as a double height
height rooftop deck and bar. Hotel
amenities will include a ballroom,
an auditorium, meeting rooms, multiple
terraces and an outdoor pool.
Fleet Financial Group, a New Yorkbased
urban development and real
estate asset management company,
are the owners of the development.
Fleet Architects, PC is the architect
for Eastern Emerald.
SASI Studio, a London-based
award-winning architecture and
design firm, is working with Fleet
Architects on the design of the
façade, atrium, terraces, and other
public spaces in the building.
“Our extensive remediation efforts
improved the air and water
quality at and around the site,
thereby enhancing the public health
and vitality of the surrounding
community,” Richard Xia, president
of Fleet Financial Group, said. “The
development will also allow for an
influx of capital into the area and
create a significant number of jobs,
further revitalizing the Elmhurst
and Corona neighborhoods following
the catastrophic effects of the
recent pandemic.”
Eastern Emerald is slated for
completion in 2024.
60th Place
Listings selected at random. Courtesy MLS
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
68th Street 52nd Avenue Dry Harbor Road
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