WWW.QNS.COM RIDGEWOOD TIMES DECEMBER 10, 2020 9
Forest Hills Jewish Center on the market for $50M
BY CARLOTTA MOHAMED
CMOHAMED@SCHNEPSMEDIA.COM
@QNS
The Forest Hills Jewish Center at
106-06 Queens Blvd. is on the market
for a price of $50,000,000.
B6 Real Estate Advisors (B6), an
investment sales and capital advisory
brokerage led by industry veteran Paul
Massey, Jr. is the exclusive sales team
for the sale of the Forest Hills Jewish
Center.
In a statement to QNS, a representative
from the center said the synagogue
has been engaged for many years in a
re-building project to provide them
with a new building for the next 70
years, just the way their predecessors
provided them with the current
building in 1950, that is now old and no
longer serves the needs of its current
community in 2020.
“This process has engaged our board
of trustees, our offi cers, a building committee
and of course our membership,”
the representative said. “The sale of
the property will enable us to build
a facility that will continue to uphold
our traditions of providing the highest
quality programs and services to our
membership and the Forest Hills community
at large.”
The Forest Hills Jewish Center is a
traditional, egalitarian conservative
congregation, affi liated with the United
Synagogue and the Jewish Theological
Seminary. With a membership in excess
of 600 families, the center provides
a full range of off erings including daily
minyanim, nursery, Jewish education
(including high school), youth programs
and senior programs.
“FHJC is still a strong and vibrant
institution with a large and committed
membership,” the representative said.
“Religious services, Nursery and Religious
School Senior Center, and adult
education will continue in our new, future
home, which will be situated either
on or close by our current location. We
are committed to the continuity of our
programs and services without pause
or interruption.”
Thomas Donovan, partner and vice
chairman at B6, said the site provides
developers with a unique opportunity
in size, scale and location, within
a neighborhood oft en referred to as one
of the best places to live in New York.
“This transaction will continue the
recent trend of new mixed-use and
multifamily building development in
the immediate vicinity,” Donovan said.
The property encompasses the entire
block front on the east side of 69th
Road between Queens Boulevard and
Austin Street. The lot is over 36,000
square feet and is currently improved
by the Forest Hills Jewish Center, a fourstory,
68,000-square-foot religious/
educational facility.
Situated within a C4-5X, FH (R7X
equivalent) zoning district as well as
a Qualified Opportunity Zone, the
property off ers a maximum of 180,000
BSF for mixed-use development. The
center is located just two blocks from
the Forest Hills-71st Avenue (E,F,M,R)
subway station and three blocks from
the Forest Hills Long Island Railroad
station.
The property features 534 feet
of combined wraparound frontage
along three streets, including prime
frontage along Austin Street, one of
the borough’s most desirable retail
corridors. It also sits directly across
from MacDonald Park, which acts as
a buff er between the property and
Queens Boulevard.
There are approximately 1,200 residential
units and 1.5 million square feet
either planned or under construction
within roughly one mile of the subject
property, according to B6.
The team at B6 handling the listing
consists of Thomas Donovan, Tommy
Lin, Eugene Kim, Paul Massey and
Zachary Redding.
The Forest Hills Jewish Center at 106-06 Queens Blvd.
Courtesy of B6 Real Estate Advisors
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EDUCATION PROFILE – CUNY NEWS
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