The new strip mall on Cross Bay Boulevard has already opened some of its shops, but more are in store. At the moment, Empire J Nail Spa, Nadia Rima boutique and CKO Kickboxing are open for business. TruBurger has already set up shop as well, although it has yet to open its doors and displays […]
Movie theater likely to be incorporated as part of new development on Queens Blvd
A movie theater will likely be moving in to a brand new office building in Sunnyside. Developers of the nine story building going up at 38-01 Queens Boulevard are in talks with a major movie theater chain to move in to the building, according to David Koptiev, owner of Platinum Realty, which is developing the […]
Developer pushes shop plan, despite rejections
Even after plans to build a small shopping center in Forest Hills were shot down by city officials, the developer still aims to open the complex in six months. David Koptiev of Gabriel Development Corp. vowed to resubmit plans for the two-story center – with six name-brand stores on the ground floor and offices above – […]
Fortunes change for Austin St., Metropolitan Ave. in Queens
The fortunes of two major commercial stretches in Forest Hills appear to be going in decidedly different directions. What’s happening to Austin St. in the north and Metropolitan Ave. in the south offers a glimpse of how once-dominant business areas can become a victim of their own success – and how lesser-known locales can take […]
Starbucks perks along with plans for 5th shop in Forest Hills
As high rents and food vendors encroach upon Forest Hills, another Manhattan ubiquity may not be far behind. A developer has stirred up plans with Starbucks for a fifth shop in the zip code – and 19th in Queens – as part of a two-story complex opening next spring at 71st and Metropolitan Aves. Barring […]
Curbcut Urban Partners to build office tower in Long Island City
A development partnership led by Curbcut Urban Partners will construct a new, nine-story, 146,000 s/f mixed-use office, retail and community facility property at 38-01 Queens Blvd. in Long Island City. Aaron Malinsky, president and CEO of Curbcut Urban Partners, said the new development, to be called QB38 Tower, is designed specifically for medical, community-based services […]
Engineers Labor Union Sheds Queens HQ for $3.7M
Commercial Observer reported last November that a Queens-based chapter of an engineers union was looking to sell its long-time New York home in the Richmond Hill area of Queens. CO has learned that the property, at 115-06 Myrtle Avenue, has sold for $3.7 million. SEE ALSO: Last Mile Shipping Company Takes Queens Warehouse Space Forest […]
Queens Blvd Property Sells For $12 Million, Development Likely
A Queens Boulevard property was purchased by a developer for a little over $12 million late last month. The property, located at 38-01 Queens Blvd., was bought for $12,070,000 by Curbcut Queens Blvd, a company linked to the Forest Hills-based Platinum Realty. The property is currently zoned for light manufacturing (M1-4), although retail, office and […]
Havurat Yisrael has a new home
For one Jewish congregation, the new mixed-use building at 106-20 70 Road in Forest Hills marks a long return home. Residents are moving into the 24 condos, all with balconies. There are studios, one-, two- and three-bedroom apartments and retail space for rent on the first floor, said Benjamin Koptiev, of Platinum Realty Associates, which […]
38-01 Queens Blvd Reveal
As property values in Long Island City skyrocket, developers are starting to look a little further afield for places to build office space. A pair of developers are taking a chance on an industrially zoned strip in Sunnyside, just across the rail yards from Long Island City. They just filed plans for an eight-story office […]
Curbcut, Platinum Realty Partners
As property values in Long Island City skyrocket, developers are starting to look a little further afield for places to build office space. A pair of developers are taking a chance on an industrially zoned strip in Sunnyside, just across the rail yards from Long Island City. They just filed plans for an eight-story office […]
Shopping Center Coming to Coney Island Ave at Avenue H
The corner of Coney Island Avenue and Avenue H, which most recently had an auto repair business, will soon be turned into a shopping center. David Koptiev from Platinum Realty Associates, which is developing the site, tells us that they haven’t rented any of the stores yet, and that they hope to start construction in […]
Ozone Park Shopping Center
A new shopping plaza in Ozone Park will have a wide variety of retailers and restaurants, including national brands, according to a representative for Queens-based Platinum Realty Associates, which owns the center. Dunkin’ Donuts and Domino’s Pizza have already signed on as tenants, as well as a “high-class Japanese restaurant” and a phone carrier, said […]
Victory over unwanted hotel
Community members claimed victory last week after a long fight to stop construction of a “hot-sheet motel” near Springfield Gardens High School reached a conclusion they said was much more appropriate for the neighborhood. City Councilman James Sanders (D-Laurelton) called the gathering after his office had learned the night before that a new developer was […]
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Platinum Realty Associates Platinum Realty Associates is a privately owned, entrepreneurial real estate development firm with one vision. We seek to acquire overlooked, under-utilized urban sites that we see have potential for greater value and enhance those sites by creating retail and office experiences that draw people and businesses and support the economic growth of the […]