Jasper Wu seeks rezoning for 214-unit Astoria project
Jasper Wu is looking to build bigger in Astoria, filing plans for a new development a few blocks from the failed Innovation QNS megaproject. Wu’s ZD Jasper Realty wants to rezone a 48,000-square-foot development site at 34-49 Steinway Street from commercial to mixed-use, according to an application filed with the city Planning Department. The rezoning would clear the way for a 17-story, 214-unit building with about a quarter of the units designated as affordable under the city’s Mandatory Inclusionary Housing. Wu’s proposed 171,000-square-foot building would include 21,000 square feet of retail space and about 5,000 square feet of community space, […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Nothing is stopping office-to-resi conversions in
NYC

How To Build Credibility When Raising Capital For A Real
Estate Deal

Mass Timber’s Rise Tied To Tariffs, Market
Volatility

Why The Economy Looks Great To Boomers, But Miserable To Gen
Z

“There’s just not enough”: Declining inventory drives up
competition for NYC homes

NY Dirt: Mamdani’s public bathroom pilot could provide
relief to developers

What Fed Rate Hikes Could Mean For Real Estate Investors to
End the Year

Council tees up expansion to rent protection program

Former Hudson Yards hotel sold in foreclosure
auction

Borough Developers buys site for trio of 99-unit DoBro
buildings


