A consortium of developers has unveiled an ambitious $2 billion plan to remake a five-block section of Astoria in a neighborhood-focused initiative dubbed “Innovation QNS.”
Kaufman Astoria Studios, Silverstein Properties and BedRock Real Estate Partners presented their working plan to Community Board 1 Land Use Committee Wednesday detailing the project’s 2,700 units of mixed-income housing, some 700 of which will be permanently affordable, as well as 200,000 square feet of retail and 250,000 square feet of space for creative industries and other small businesses. There was considerable concern from committee members over the density and scale of the complex especially a series of towers, the tallest of which would be 26 stories high.
Source: https://qns.com/story/
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