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Developer Withdraws Rezoning Application, Will Construct Smaller Building on 82nd St Instead
Developer Withdraws Rezoning Application, Will Construct Smaller Building on 82nd St Instead

July 16, 2018 By Tara Law

The developers responsible for a controversial development on 82nd Street have announced that they will withdraw their rezoning application and construct a smaller building as of right.

Sun Equity Partners and Heskel Group announced that they will withdraw their rezoning application, which would have permitted them to construct a 13-story, 120-unit building at 40-31 82nd St., the former location of the Jackson Heights Cinema.

The developers will instead move ahead and construct the as-of-right proposal— a 9-story, 77-unit building which will not include affordable housing. Several stores, including a Target, will be located on the first floor.

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