The Real Deal New York

Astoria Cove developers up the ante, promise ferry terminal

Improved proposal comes amid criticism from borough president and community board

August 05, 2014 10:00AM

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Astoria Cove

Astoria Cove (Credit: STUDIO V Architecture)

Public transit commitments have been added to the Astoria Cove proposal.

A team that includes Long Island City-based Alma Realty Corp. has promised it will add a terminal for ferry service at the proposed mixed-use development in Queens — assuming city officials agree to extend such service to Astoria Cove. Shuttle buses from the complex to the nearest subway station will also be provided, according to the developers.

Astoria Cove is a 2.2 million-square-foot proposal that includes 1,723 units. Of those units, 20 percent will be below market rate.

Queens Borough President Melinda Katz has expressed her disapproval with the project as currently envisioned, as has Community Board 1 in Queens.

The project is currently undergoing a City Uniform Land Use Review Procedure. [NYO] – Claire Moses

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