BY MICHAEL STAHL
With reports of developers scrambling for additional funding, its many phases of construction and sales openings, ownership buyouts and news of more luxury residential buildings rising close by, the Sky View Parc project has been in the real estate headlines countless times over the better part of the last decade.
Things, though, may have finally stabilized.
In a recent press release, Onex Real Estate Partners announced that their “exclusive preview event” – a kind of sales launch period that came before a more general sales launch period – was a resounding success. In only six hours, they sold 120 units, half of the total homes available in the first of what will be three towers collectively called The Grand at Sky View Parc on 40th Road and College Point Boulevard in Flushing.
“The event drew a tremendous response from attendees, many of whom already own in Sky View Parc,” said Michael Dana, president of Onex.
Sales for the first phase of the development – a mixed-use building featuring 448 condos and a tremendous shopping center at its base with renters including Target, Nordstrom Rack, Best Buy and other retailers – opened in late 2011. That construct has been perennially featured on Curbed.com’s Top-Ten Best-Selling Buildings in New York since its opening. Couple that fact with this latest announcement regarding the preview event, and it becomes clear that good things come to those who wait.
“Infrastructure for the [second phase of the] project has already begun,” a spokesperson for The Grand said. “The first tower is expected to begin rising in Spring 2015 for a Summer 2016 completion. The final tower, Grand Three, is expected to be complete by Fall 2017.”
Like the residential portion of the first phase of the project, the Grand’s three towers will rise above the nearly 800,000 square-foot mall.
The first tower will house apartments ranging from studios to three-bedroom homes. The coziest flats will span 492 square feet, while the largest units will stretch over 1,965 square feet with prices approximately running between $489,000 and $2 million-plus. Reportedly, the three towers combined will ultimately have about 650 condos available.
“We’re committed to answering the demand for full-service, exceptionally designed homes in Flushing,” Dana said, adding that they plan to accomplish such a goal “by bringing the next level of luxury living to this world-renowned destination.”
Each home within The Grand at Sky View Parc features top-of-the-line finishes and state-of-the-art appliances, including an in-suite laundry closet with a stacked Bosche washer and dryer. There are soaring ceilings up to nine feet high, floor-to-ceiling windows, hardwood floors and wraparound balconies with views of the Manhattan skyline. The open-concept chef’s kitchens contain Bosch stainless steel appliances, including built-in dishwashers and refrigerators, and Scavolini sleek lacquered cabinets with LED lighting underneath, all complemented by natural quartz stone countertop and backsplash. The spa-like bathrooms include Kohler fixtures, decorative wall lighting fixtures, Grohe bathroom hardware, accompanied by porcelain tile flooring throughout.
The luxury building will feature an impressive list of exclusive amenities provided solely for residents. There will be a tremendous lobby with a 20-foot ceiling, resident’s lounge, fitness center with multi-purpose rooms and a full-service spa. The outdoor area will “create an urban oasis for residents,” with uniquely programmed spaces to provide the ultimate lifestyle offerings, including meditation gardens, yoga zones and a pool. The new amenities will complement the existing amenities already at Sky View Parc, including a 24-hour staffed lobby and concierge service, tennis and basketball courts, running track, a four-acre landscaped rooftop garden, alfresco dining, barbeque grills, a children’s play area, golf putting green and a dog run.
The Main Street transportation hub is two blocks away, while the Long Island Railroad’s Flushing stop is just a half-block walk. The development also has easy access to four major highways.
Calling Sky View Parc a “passion project” for Onex, a spokesperson for The Grand noted that the “profile of Queens has grown in the past few years as a highly in-demand residential destination, and the neighborhood of Flushing in particular has come into its own as a first choice for dining, shopping and living today in New York City.”
With several other developments seeing groundbreakings and building skeletons rise this year, even more “grand” things are expected throughout the neighborhood – one that’s an emerging real estate powerhouse.
The Grand at Sky View Parc’s sales and design gallery is located at 40-26 College Point Blvd., Flushing and is open seven days a week. For more information, call (718) 886-8899, email email@example.com, or visit the project’s website at TheGrandsvp.com.