Kenny Liu plans 50-unit condo building in Rego Park

Developer also behind two resi projects in Flushing

TRD New York /
Sep.September 28, 2015 02:55 PM

Developer Kenny Liu’s latest Queens residential project will sprout in Rego Park, where he’s planning a 50-unit condominium building, according to a permit application filed with the city’s Department of Buildings Monday.

The new seven-story, 53,000-square-foot building at 97-45 63rd Drive would replace a row of multifamily homes on the site, located near Vornado Realty Trust’s Rego Center retail mall.

The property would feature a 12,000-square-foot health care facility on the first and second floors, as well as 41,000 square feet of residential space. The building would house two apartments on the first floor and 10 units on each of the third through sixth floors, while the seventh floor would hold six apartments and two duplexes extending to a penthouse level.

The project would also include a rooftop recreation area for residents as well as a 24-car garage. Queens-based Angelo Ng + Anthony Ng Architects Studio is the architect of record.

Liu confirmed the filing, which is one of three recent condo developments he’s undertaken in Queens. The other two projects, at 132-15 41st Avenue and 142-38 37th Avenue in Flushing, collectively span 115,000 square feet.

The developer assembled the five-parcel Rego Park site between February and August of this year for $6.1 million, according to property records. Permit applications to demolish the five residential properties on the site were filed in August.

Rego Park’s viability as a residential destination has increased in recent years, with Liu among several developers bringing new supply into the neighborhood. Vornado is leading the way with the Alexander at Rego Center, a 27-story, 312-unit building rising above its retail mall.


Related Articles

arrow_forward_ios
120 Beach 26th Street (Credit: Google Maps)

Far Rockaway site hitting the market for $70M

Far Rockaway site hitting the market for $70M
The Rego Center at 61-35 Junction Boulevard with Vornado's Stephen Roth (Credit: Google Maps; Getty Images)

Major home goods chain signs big lease at Rego Center mall

Major home goods chain signs big lease at Rego Center mall
Street Signs Realty's Robert Ritchie

Broker and nurse on the front lines: “It’s never been worse”

Broker and nurse on the front lines: “It’s never been worse”
Rent prices are going up while new leases are down

Manhattan, Brooklyn and Queens saw record low leasing activity in March

Manhattan, Brooklyn and Queens saw record low leasing activity in March
In Brooklyn and Queens, the number of homes on the market have fallen (Credit: iStock)

Brooklyn, Queens home sales grew as inventory plummeted last quarter

Brooklyn, Queens home sales grew as inventory plummeted last quarter
From left: Stephen Ross and Jeff Blau of Related and Donovan Richards (Credit: Getty Images)

Stephen Ross, Jeff Blau among donors to Donovan Richards’s Queens BP campaign

Stephen Ross, Jeff Blau among donors to Donovan Richards’s Queens BP campaign
Amazon CEO Jeff Bezos and Rentar Plaza at 66-26 Metropolitan Avenue in Queens (inset) (Credit: Getty Images and Rentar Development)

Amazon signs 300K-sf lease in Middle Village

Amazon signs 300K-sf lease in Middle Village
133-25 37th Avenue in Flushing

Developer Gary Tsan buys Flushing property for $60M

Developer Gary Tsan buys Flushing property for $60M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...