The Real Deal New York

F&T Group to develop 14-story Flushing office building

New project sits across the street from One Fulton Square

June 27, 2016 02:15PM
By Konrad Putzier

37-12 Prince Street (inset: Michael Lee)

37-12 Prince Street (inset: Michael Lee)

UPDATED, June 27, 7:21 p.m.: F&T Group filed plans Monday for 14-story office building in Flushing.

The new building at 37-12 Prince Street will feature 70,000 square feet of office space and sits across the street from the firm’s One Fulton Square development, according to a permit application filed with the city’s Department of Buildings. F&T completed that development, which includes retail space, 43 condominiums and a 168-room Hyatt hotel, in 2014.

Margulies Hoelzli is the architect of record.

The company, which develops properties in New York and China, is also building the Flushing Commons project with the Rockefeller Group Development Corporation and AECOM Capital. Initially proposed in 2006, the $1 billion mixed-use project broke ground in 2014 after years of delay due to a reported lack of funding.

Correction: an earlier version of this post named the wrong architect for the project.