Rezoned Jamaica draws 285-unit project from emerging developer
A wholly Latina and women-owned development firm is plotting what appears to be one of its first major ground-up projects in Queens. Vaya Development, led by Melissa Bindra, filed plans for a 285-unit residential building at 164-02 Jamaica Avenue in Jamaica, the Commercial Observer reported. The plans call for a 28-story, 291,000-square-foot development to replace the existing two-story commercial building on the site. Vaya would collaborate on the development with Communilife, which helps provide housing for vulnerable communities. Separate units would contain “sleeping accommodations” for the nonprofit, which paid $13.5 million to Francmen Realty’s Ronald Menashe for the development site […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Soft Staging Ideas to Make Your Home More Inviting

Extell snaps up Midtown office building long rumored to be
part of assemblage

UK firm targets Boston for stateside ground-up development
debut

L3 Capital lands Zara in Williamsburg retail
development

Downsizing Checklist: 10 Steps for Moving to a Smaller
Home

Moving Supplies Checklist: Everything You Need for Moving
Day

What Types of Properties Benefit Most From Cost
Segregation?

BiggerPockets Selects Mynd as Its Preferred Full-Service
Property Management Partner

Lease Red Flags Every Renter Should Know Before
Signing

Weekend Recap: The Battle for Unique Inventory


