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Maryland

97-50 Queens Boulevard
Rego Park, NY 11374
Retail, Residential, Leasing/Rental, Multifamily

The six-story apartment building at 97-50 Queens Boulevard in Rego Park, Queens, is comprised of 100 studio, one-bedroom and two-bedroom apartments.

The Maryland was built in 1941 by the LeFrak Organization, which became one of the New York City regions most prominent real estate ownership and management groups. Its holdings include more than 40 million square feet of residential, commercial and retail holdings nationwide. These include locally the office tower at 40 West 57th Street (LeFrak controls seven office towers in Midtown), the Gateway apartment complex in downtown Manhattan and the massive 20-building LeFrak City in Queens.

The Maryland was in keeping with the LeFrak Organizations general approach to development: middle-class housing at market-rate rents. The Maryland, in other words, is less expensive than other market-rate options, certainly those in the more gentrified areas of Queens nearer Manhattan. It includes in-building laundry and a live-in super.

-TA

  • Address 97-50 Queens Boulevard
  • neighborhood Rego Park
  • borough Queens
  • owner LeFrak Organization
  • owner entity MARYLAND LEASING LP
  • floors 6
  • Year Built 1941
  • residential units 100
  • total units 100
  • square feet 106,464
  • block and lot 4-03084-0020
  • BIN 4072143

11/01/2012
The Maryland-based Host Hotels & Resorts came out on top, with the most hotel rooms on its balance sheet â€' in order, the Blackstone Group, Denihan Hospitality Group, Hersha Hospitality Trust, and Hyatt Hotels Corp...

04/30/2010
Other factors come in to play as well. In Washington, D.C., for example, the Metro train serves Northern Virginia and Maryland along with the city itself, so city rentals face competition from the suburbs...

10/25/2007
After New York, Miami and Honolulu, the U.S. markets with the highest average daily rates in April were Washington, D.C., Maryland and Virginia at $154.43; Boston at $148.36; San Francisco/San Mateo at $140.70; and Phoenix at $137.53...