Corona community opposes planned conference hotel even after downsize
Renderings courtesy of Fleet Financial Group

Plans to construct a luxurious 25-story hotel and convention center in Corona are crumbling amid growing pressure from residents and politicians who feel the structure would degrade the quality of life in the neighborhood by obstructing views, increasing traffic and creating pollution. Now the developer, Fleet Financial Group, led by president Richard Xia, is considering downsizing the project to […]

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Convention center and 25-story hotel headed for Corona
Renderings courtesy of Fleet Financial Group

A convention center complex as big as a city block, with a 25-story hotel and apartments, may be coming to Queens.  Fleet Financial Group plans to build a roughly 106,000-square-foot convention center, the largest in the East Coast, at 112-21 Northern Blvd. in Corona. The $200 million real estate project also includes 292 river-view hotel rooms, […]

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Board greenlights transient hotel in downtown Flushing
Photo renderings courtesy of Fleet Financial Group

The developer of an 18-story building in downtown Flushing received a key nod to operate as a short-stay hotel. Community Board 7 voted 30-8 to approve a variance with conditions that would allow developer Fleet Financial Group to function as a transient hotel over a residential one at 42-31 Union Street. Guests are required to […]

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Diversity keeping Flushing strong

“Location, location, location,” said Peter Koo, regarding what keeps investors interested in a particular sector of real estate and as far as business leaders are concerned, Flushing has it all. The Flushing Business Improvement District (BID) led by Executive Director Dian Yu and Monroe College recently held the First Annual Downtown Flushing Real Estate Conference […]

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Groundbreaking for Flushing’s tallest tower

Guided by the sounds of thumping drums and a traditional Chinese lion dance, political and financial leaders from around the borough and city descended upon the site of what will become the tallest building in Flushing – the North Queens Medical Center. The 100,000 square foot, state-of-the-art glass tower – which will stand at 42-31 Union […]

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