6 TIMES • NOVEMBER 19, 2015 FOR BREAKING NEWS VISIT www.qns.com Prime location in Maspeth industrial zone on sale for $10.5M BY ANTHONY GIUDICE agiudice@ridgewoodtimes.com @A_GiudiceReport A 32,000-square-foot building in Maspeth’s industrial zone has been put back on the market. The site, located at 48-85 Maspeth Ave., has a one-story building with space for parking and three exterior, off-street loading docks within an M3-1 zone. DY Realty Service has posted the listing for $10.5 million. The property has 2,500 square feet of offi ce space and approximately 5,000 square feet of land. The building has 18.5-foot-high ceilings, is outfi tted with sprinkler systems and is listed as fi reproof. The lot frontage is 182 feet wide, and the lot depth is 212 feet. The site is located near two major transportation hubs: the Brooklyn Queens Expressway and the Long Island Expressway. For more information, visit the DY Realty Service website, http://listings.dyrealty.com/. Forest Hills to get second stand-alone Shake Shack BY ANGY ALTAMIRANO aaltamirano@queenscourier.com @aaltamirano28 Forest Hills is shaking it up. Shake Shack, the critically acclaimed “roadside” burger stand that has locations throughout the United States and the world, announced Monday that it will be opening a new location in 2016 at 71-26 Austin St. This is the second stand-alone Shake Shack slated to open in the new year in the “World’s Borough,” as the company announced in June that a location would be coming to Queens Center in Elmhurst. “It feels good to continue to deepen our footprint in our hometown of NYC,” a Shake Shack representative said. Shake Shack also has opened sites in JFK Airport and Citi Field. The establishment is known for its 100 percent all-natural, antibiotic free Angus beef burgers, crinkly cut fries and much more. Queens residents overburdened by high rents: report BY ROBERT POZARYCKI rpozarycki@ridgewoodtimes.com @robbpoz Saying “the rent is too damn high” isn’t a laughing matter for many Queens families, according to a report from the Citizens Budget Commission (CBC). One in four tenant households in the “World’s Borough” are classifi ed as “low-income severely burdened” renters, meaning that they’re paying more than 50 percent of their already paltry income toward housing, as noted in 2014 data gathered and analyzed by the CBC. It was the highest rate of low-income severely burdened renters in the entire city. Nowhere is this more evident in the report than in Council District 7, which includes much of Flushing and surrounding neighborhoods. More than 18,300 households were classifi ed as low-income severely rent burdened, accounting for 38 percent of the total rental units in the district. Community Districts 8 (Jamaica) and 9 (Woodhaven/Richmond Hill/ Ozone Park) were tied with the next highest percentage of low-income severely rent burdened apartments at 30 percent each. More than 11,900 households were low-income severely rent burdened in Council District 1 (Astoria), but that number accounted for 19 percent of the total units, making it the second-lowest percentage in Queens behind Council District 14 (the Rockaways). Another 23 percent of rental households in Queens were classifi ed in the CBC report as burdened tenants, paying 30 percent or more of their income toward their rent. Citywide, the report determined that the high rent burdens faced by low-income tenants was “in large part an income problem.” Single residents, single parents, multiadult households and seniors make up a large number of the severely burdened, as noted in the report. A City Data report found that the median income for Queens residents in 2013 was $56,599, but the same report noted that some 409,000 Queens residents made below $60,000 annually. The commission advised that the city pay particular attention “to single seniors and single parents in targeting programs to address affordability.” Mayor Bill de Blasio’s proposed affordable housing program, announced this past summer, would require developers to allocate up to 30 percent of residential units created for low- and moderate-income New Yorkers. But the plan, which includes “inclusionary zoning” measures to increase housing density in some areas, is opposed by 12 of Queens’ 14 community boards. Image courtesy DY Realty Services The building at 48-85 Maspeth Ave. is on sale for $10.5 million. Photo by Evan Sung Mark V. Burke, MD, FAAFP 87-47 Myrtle Avenue, Glendale 718-849-8609 Primary Care and Chronic Disease Management *Only $100 for Employment/CDLPhysicals (testing@ add’l cost) No Fault Accepted Drug Testing/Addiction Treatment offered (Counselor Available) Prompt Appointments Available Open until 10pm Thursdays
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