Innovation QNS Development Gets Nod from City Planning Commission – Commercial Observer

The New York City Planning Commission approved plans for a 2.7 million-square-foot mixed-use development in Astoria, Queens, dubbed Innovation QNSeven after the project was shot down by the borough president and local community board.

City Planning approved the plan by a vote of 10 to 3 on Wednesday morning, with City Planning Commission chair Dan Garodnick Lauding the plan as something that will stimulate the local economy, providing not only a number of affordable dwellings built without any city subsidies, but also jobs and green space.

But the $2 billion plan — proposed by a joint venture among Bedrock Real Estate Partners, Kaufman Astoria Studios and Silverstein Properties — was not without its detractors. Queens Borough President Donovan Richards and Queens Community Board 1 voted against the project, both claiming the process lacked transparency — something Garodnick acknowledged in his opening remarks.

“Innovation QNS could have benefited from earlier, more frequent and more robust community outreach from the applicant team,” Garodnick said during the meeting. That said, Innovation QNS is a unique opportunity to create nearly 3,000 homes and hundreds of permanently affordable homes that will change the lives of thousands of New Yorkers, that will provide them with stability in a vibrant neighborhood, where little of that stability currently exists. .”

The uniform land use review procedure (ULURP) application for Innovation QNS will now go before the New York City Council for a vote before heading to Mayor Eric Adams for final approval.

Innovation QNS could pump 2,700 units of housing into a mainly industrial section of Astoria, 700 units of which will be affordable under the city’s mandatory inclusionary housing act. The development, which will take over a portion of 35th Avenue from Northern Boulevard to 37th Street, also calls for up to 200,000 square feet of retail, a 90,000-square-foot community facility, an 80,000-square-foot grammar school and a new movie theatre.

Those opposed to the project worried that it mostly consists of market-rate units and could potentially displace current residents.

“I do think it’s a very passive and somewhat illogical approach to wait for the market to somehow give us affordable housing by providing so many unaffordable units,” Leah Goodridge, who sits on the planning commission and voted against the project, said during the meeting. “While the amount of apartments may be privately financed, it’s still the same 25 percent that we see here every day.

“And secondary displacement is real,” Goodridge said. “I’ve seen this project compared to One45 in Harlem, but none of the arguments really consider the fact that when you build large luxury developments like this, secondary displacement is triggered and is real.”

The developers did not immediately respond to a request for comment.

Mark Hallum can be reached at [email protected].

Leave a Reply

Your email address will not be published.

Back to top button
AGADIR-GROUP