8-25 Astoria Boulevard Setup
The subject is an assemblage of five tax lots located on Astoria Boulevard. Favorable mixed – use zoning allows for an approximate as-of-right buildable square footage of 33,751 and a total approximate buildable square footage of 49,595 with community use space. The neighborhood is set to undergo a massive revitalization with the coming construction of 4,000 new units, a bank, supermarket, school, commercial spaces, waterfront promenade and improved transit access. This neighborhood redevelopment is split between the Hallet’s Point project (approved), Astoria Cove, and several smaller projects.