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Real estate roundup: Inside the Hallets Point deal, what’s with the new structure on Parsons Boulevard?

Hallet’s point 3
Photo courtesy of Lincoln Equities Group, LLC

Anatomy of a deal: Inside Durst’s complex Hallets Point play

The Durst Organization is projected to spend about $130 million to acquire three parcels where it plans to build a massive $1.5 billion residential and commercial development known as Hallets Point in Western Queens, several sources told The Real Deal.” Read more [The Real Deal]

What’s it going to be?

“This construction site, 75-43 Parsons Boulevard is owned by Great Neck-based developer Mayflower Enterprise LLC. It posted two renderings on the construction wall. One shows a beautiful brick structure with a church bell tower on the corner. The yellowish rendering to the left, however, shows a boring two-story commercial structure without any architectural flair.” Read more [Queens Crap]

Brainstorm About the Future of Diversity Plaza in ‘Visioning Session’

“Officials are hosting a visioning session to discuss the future of Diversity Plaza. The Department of Transportation is set to host the meeting on Saturday, Oct. 18 at P.S. 69 at 77-02 37th Ave., starting at 2 p.m.” Read more [DNAinfo]