Developer seeks rezoning for 233-unit mixed-use building in LIC
An entity affiliated with the Rosenwach Group submitted rezoning plans to facilitate the development of a 175,000-square-foot mixed-use building with 233 residential dwelling units at 40-25 Crescent Street in Long Island City, Queens.
The developer was not individually identified in the application. Andrew Rosenwach of the Rosenwach Group, a supplier and servicer of water storage tanks and towers, cooling products and services, was listed as the signatory on the application. According to the project description, the development site is owned by an affiliate of Rosenwach Group.
The applicant seeks a rezoning from M1-2/R5D and M1-2/R5B to M1-2/R6A, and zoning text amendment to ZR Appendix F to facilitate the development of a new six-story, 175,000-square-foot, mixed-use building, including 158,000-square-feet of residential floor area and 17,000-square-feet of commercial and manufacturing floor area.
According to the application, the commercial and manufacturing space would be used for Rosenwach’s water tank facility. The development site was previously a fabrication building for Rosenwach, before it elected to move due to changing traffic patterns around Queens Plaza adversely affected the ability of tractor trailers to access the area.
The site is bounded by Crescent Street to the west, an imaginary line 100 feet north of and parallel to 41st Avenue to the south, 27th Street to the east and an imaginary line 80 feet south of and parallel to 40th Avenue to the north.
According to the application, the building would have three retail spaces, consisting of 5,510 square feet of space. Roughly 39,600 square feet of the 158,410 square feet of residential space would be affordable. In other words, of the 233 dwelling units – 60 would be affordable units and 173 would be market rate units.
The rezoning consists of two actions necessary to facilitate development of the new building:
First, a zoning map amendment to rezone the area bounded by Crescent Street to the west, an imaginary line 100 feet north of and parallel to 41st Avenue to the south, 27th Street to the east and an imaginary line 80 feet south of and parallel to 40th Avenue to the north from its existing M1-2/R5B and M1-2/R5D district to an M1-2/R6A district;3 and second, a zoning text amendment to amend Appendix F of the Zoning Resolution to map the Project Area for mandatory inclusionary housing or MIH.