search

The Real Deal Logo

Trending

Macerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aVictor Sigoura picks up site of failed West Chelsea condo for $87MVictor Sigoura picks up site of failed West Chelsea condo for $87M
New York

Community board rejects Alma’s Astoria Cove plan

Developer advised to designate about a third of 1,689 units as affordable housing

Renderings of Astoria Cove in Queens
Renderings of Astoria Cove in Queens

Just two months after an approval from the City Planning Commission, Community Board 1 rejected Alma Realty’s planned four-building apartment complex known as Astoria Cove in Queens.

The board advised that the developer allot 35 percent of the 1,689 proposed apartments as affordable housing. The project began going through the Uniform Land Use Review Process in April. At the time, Alma reduced the number of affordable apartments at Astoria Cove from 340 to 295, slightly more than 20 percent of the planned units.

Sign Up for the undefined Newsletter

Plans call for 900 parking spaces, a supermarket, retail stores, 295 units allotted for affordable use, and a public school at 3-15 26th Avenue, between 3rd and 4th streets, as previously reported. — Mark Maurer

Tags
Alma RealtyAstoria CoveCommunity Board 1