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.
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