LeFrak City | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
By using this form you agree with the storage and handling of your data by this website.

LeFrak City

96-02-96-40 57th Avenue
Corona, NY 11368
Office, Retail, Residential, Leasing/Rental

If ever a New York development deserved the word city in its name, its LeFrak City.

Developed throughout the 1960s (the last parts were in place by the start of the following decade), it covers 40 acres and contains 20 apartment buildings housing more than 5,000 units as well as retail, government offices (the New York Police Department has its medical division in LeFrak City), a public library branch and numerous public plazas and parks.

LeFrak Citys official address is 96-02-96-40 57th Avenue in Queens, though it basically dominates entire swaths of that boroughs Elmhurst and Corona neighborhoods, near where the Long Island Expressway meets Queens Boulevard.

It was conceived by Samuel LeFrak as a firm outpost of middle-class, but market-rate housing. This was at a time, before New Yorks late-20th-century economic nadir in the 1970s, when Manhattan was pricing out many such residents. The development, though still affordable by New York City standards 50 years on, features amenities such as those parks and plazas and in-building laundry facilities. Several one-bedrooms were available in early spring 2015 for under $1,600 a month.

LeFrak City is one of the most prominent parts of a LeFrak Organization portfolio that includes more than 40 million square feet of residential, commercial and retail holdings nationwide.

-TA

  • Address 96-02-96-40 57th Avenue
  • neighborhood Corona
  • borough Queens
  • owner LeFrak Organization
  • block and lot 4-00191-8050

08/02/18
...LeFrak City apartments in Queens (Credit: LeFrak Organization) Queens registered the highest rent increase in the...

09/08/17
...s massive 20-building complex in Queens — the famed LeFrak City — is home to a wildly diverse population of residents and currently has three-bedroom units...

...s massive 20-building complex in Queens — the famed LeFrak City — is home to a wildly diverse population of residents and currently has three-bedroom units...

06/09/17
...is located a few blocks from the massive LeFrak City complex in Corona, which covers 40 acres with 20 apartment buildings that include more than 5,000 units...

05/12/17
...to be the guy who builds the next LeFrak City, than the next One57 or one of those buildings," Schwartz said in an exclusive...

...bulk of which come from the eponymously named LeFrak City in Queens. Private equity giant Blackstone Group took the No. 3 spot with at least...

04/13/16
...Midtown office towers, Including 40 West 57th Street and LeFrak City, a massive 20-building apartment complex in Queens...

...Midtown office towers, including 40 West 57th Street and LeFrak City, a massive 20-building apartment complex in Queens. Since 1986, the family has been developing a...

10/07/15
...version of this story misidentified the owner of LeFrak City. It is LeFrak...

08/01/15
...LeFrak City Orthodox Jewish tenants at LeFrak City are crying discrimination after lobby doors that only open with an electronic key and...

09/18/14
...LeFrak Organization. The LeFrak Organization owns the 5,000-unit LeFrak City complex in Queens, as well as multiple other properties. -- Claire Moses...

03/03/14
...in January at $5.6 billion. He's best known for LeFrak City, the 5,000-unit apartment complex he built in Queens, as well as the 16 million square...

01/22/14
...billion, according to Forbes. He counts the eponymous LeFrak City among his holdings -- a complex with 5,000 units in Corona, Queens. Related Companies' Stephen...

11/30/13
...in Washington, Oregon, and California. His company owns LeFrak City, a 5,000-unit apartment unit complex in Queens, in addition to 16 million square feet of...

...famous New York property, the affordably priced 5,000-unit LeFrak City in Queens. TRD’s analysis found that the complex has an estimated NOI of...

04/26/13
...left: Harrison LeFrak, Richard LeFrak, James LeFrak and LeFrak City (LeFraks photo c/o the Star-Ledger) A housing advocacy group has sued the LeFrak...

...a real estate portfolio that includes the 5,000-unit LeFrak City complex in Queens and 16 million square feet of property in Newport, the large-scale Jersey...

09/14/12
...hospital  6. As it celebrates its 50th anniversary, 4,605-unit LeFrak City to undergo major renovations  7. How people who file for bankruptcy can become eligible for...

10/10/11
...middle-income residents of the borough, most notably nearby LeFrak City. The office tower redevelopment aims to appeal to luxury renters. However, in recent years...

...estate mogul Richard LeFrak, owner of the legendary LeFrak City apartment complex in Queens, also sees a bubble on the horizon for elite Manhattan...

05/19/11
...the large apartment complex in Queens known as LeFrak City, appeared on CNBC this morning to discuss the current real estate market (see video...

...on Hollywood Boulevard. Signature properties: 40 West 57th Street, Lefrak City in Queens, and the massive Newport development in Jersey City. Portfolio: 22 million square feet...

11/01/10
...on Hollywood Boulevard. Signature properties: 40 West 57th Street, Lefrak City in Queens, and the massive Newport development in Jersey City. Portfolio: 22 million square feet...

11/01/10
...on Hollywood Boulevard. Signature properties: 40 West 57th Street, Lefrak City in Queens, and the massive Newport development in Jersey City. Portfolio: 22 million square feet...

02/05/10
...comment.The legendary firm is currently operating at LeFrak City under a little-publicized agreement struck with state Attorney General Andrew Cuomo's office following a...

...bulk of which come from the eponymously named LeFrak City in Queens. Private equity giant Blackstone Group took the No. 3 spot with at least...