NEW YORK | Special Flushing Waterfront District

[NYguy]

https://therealdeal.com/2020/12/07/d...shing-project/

Developers in talks with unions to save $2B Flushing project
City Council vote expected this week





By Kathryn Brenzel
December 07, 2020

Days before the City Council is slated to decide the fate of a $2 billion project on the Flushing waterfront, the developers are in late-stage talks with organized labor.

An agreement with the unions representing hotel and building service employees could give the development the political backing it needs to be approved.

The development team — F&T Group, Young Nian Group and United Construction and Development Group — is negotiating with 32BJ SEIU and the New York Hotel & Motels Trades Council, after both groups criticized the proposal for not promising union jobs.

Few details were available about the talks on Monday, but the discussions appear to be paving the way for a full City Council vote on the project later this week. The City Council’s Subcommittee on Zoning and Franchises was scheduled to vote on the proposal on Monday, but the action was postponed until Wednesday.

A representative for the developers said the full City Council is expected to vote Thursday on the Special Flushing Waterfront District, which would make the development possible.

“The additional time means that our tireless work towards finding a solution that works for all, including agreements with the unions, is moving the District in the right direction,” the developers said in a statement. “The Council is allowing all of the parties to find solutions that will benefit the Flushing community.”

The development team is seeking to create a 29-acre special district along the waterfront. The companies plan to separately develop four sites, collectively building more than 1,700 residential units and 879 hotel rooms, along with retail and public space.

Peter Koo, the local City Council member, sees the project as opening up public access to a waterfront that has been off limits to the Flushing community for ages. But, despite the Council tradition of member deference, a dozen of Koo’s colleagues objected to the project, saying it would deliver too few union jobs and affordable apartments.

The developers need 26 votes in the 51-member chamber. If they fall short, they could still build a substantial project under current zoning with no affordable units, no union jobs and no public waterfront access.

[Hudson11]

better make it 3 billion

[NYguy]

https://www.amny.com/new-york/city-c...rict-proposal/

City Council approves Special Flushing Waterfront District proposal





By Carlotta Mohamed
December 10, 2020

The City Council on Thursday, Dec. 10, voted to approve the Special Flushing Waterfront District’s (SFWD) proposal with a final tally of 39 members in favor and five against, with one abstention.

The council’s vote for the SFWD proposal follows approvals earlier this week by the City Council’s Subcommittee on Zoning and Franchises and its Committee on Land Use reaching an agreement with labor unions to ensure good jobs, community benefits and more for the Special Flushing Waterfront District..

Councilman Peter Koo, whose district includes Flushing, said the SFWD proposal will help to revitalize the downtown Flushing economy, as the city begins to recover from COVID-19.

“We have all struggled in this pandemic, and we simply cannot afford to continue our demands for the perfect win over the good,” Koo said. “This is a good compromise that addresses many of the issues we heard at many public hearings, provide good union paying jobs, affordable housing and community benefits.”

The three developers behind the Special Flushing Waterfront Development include F&T Group, United Construction & Development Group, and Young Nian Group, known collectively as FWRA, LLC.

The SFWD proposal seeks to revitalize 29 acres of inactive and underutilized land that the developers say will provide substantial public benefits such as a privately funded and maintained road network and a 160,000-square-foot waterfront promenade along Flushing Creek that will both be publicly accessible. The plan also includes 1,725 residential units, including affordable housing, 879 hotel keys, office and community facility, retail space and parking spaces to help alleviate traffic along College Point Boulevard.

The developers said the council’s vote in favor of the project provides a better future for Flushing when needed most.

“After decades of false starts and stops to activate the waterfront, we could not be more honored to be part of the solution. Today and together, we move Flushing forward,” the team said in a statement.

[Busy Bee]

Very good news

[NYguy]

https://rew-online.com/work-set-to-s...redevelopment/

Work set to start on Flushing waterfront redevelopment


by REW
December 11, 2020

[Hudson11]

Citi Field will have a decent view yet

[Busy Bee]

This will be fun to watch. I really hope that serpentine building is the actual design and not just a placeholder for the renderings.

[NYC2ATX]

Awesome! One might hope this would reignite interest in beginning the development of Willets Point.

[NYguy]

Originally Posted by Busy Bee

This will be fun to watch. I really hope that serpentine building is the actual design and not just a placeholder for the renderings.

Flushing has a type...




https://streeteasy.com/property/8906...c-tower-1-1805



https://ny.eater.com/2019/2/27/18242...skyview-center



https://www.greenroofs.com/2019/04/1...sky-view-parc/

[NYguy]

View of the area from Citifield......if only they could build a little higher in Flushing, it would make for some nice backdrops.



https://www.gettyimages.com/detail/n...?adppopup=true

[NYguy]

This is being developed somewhat like the Lower Eastside waterfront towers. Zoning for site 1 is being approved...


https://zap-api-production.herokuapp...D-Parcel-7.pdf

https://zap-api-production.herokuapp...D-Parcel-7.pdf