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.