[NYguy]

https://rew-online.com/green-light-f...t-hotel-tower/

Green light for new Queens apartment-hotel tower





by REW
May 24, 2021

Fleet Financial Group, a New York-based urban development and real estate asset management company, has received approval from the New York City Board of Standards and Appeals (BSA) for Eastern Emerald, a new high-end hotel and residential development in Corona, Queens.

Located at 112-51 Northern Boulevard, the 25-story, 350,178 s/f property will rise to a height of 372 feet and encompass a full city block near LaGuardia Airport, Citi Field, Corona Park, and Flushing Bay Promenade. The residential component will include approximately 175,000 s/f on the upper levels, and the hotel will encompass 145,900 s/f. The project is scheduled to be completed in 2024. Fleet has yet to decide whether the apartments will be condos or rentals.

Eastern Emerald will feature an open-air atrium rising through the center of the building, starting at the third level and rising to the top floor. Hotel amenities will include a ballroom, an auditorium, meeting rooms, multiple terraces, and an outdoor pool. A double height rooftop deck and bar will offer panoramic views of New York City.

The property is bounded by Astoria Boulevard to the Northeast, 112th Place to the west, and Northern Boulevard to the south. The site totals 80,000 s/f and includes more than 315 feet of frontage along Northern Boulevard, 485 feet of frontage along Astoria Boulevard, and approximately 370 feet of frontage on 112th Place.

Located at the end of the bustling Northern Boulevard commercial corridor, it is also within walking distance from the 7 train and close to Grand Central Parkway and the Whitestone Expressway.