Silverstein Properties signs contract with Major World owner to buy 3 Astoria parcels

Silverstein Properties through its 44-01 Northern Owner, LLC signed a memorandum of contract with Bruce Bendell through the entity 44-01 Northern Boulevard, L.L.C. for 3 parcels, including the tax class garage with showroom (G8) at 44-01 Northern Boulevard, 34-20 45th Street and 44-33 Northern Boulevard in Astoria, Queens. The memorandum was signed on October 28, 2020 and was recorded on November 4, 2020.
The developer announced last month that it would acquire the properties  and planned to build 310 units of housing, 95 percent of which would be deemed affordable.

Bendell applied to the city to upzone the parcel in 2019.
The owner of Major World, the car dealership, signed a contract to sell the parcels to Silverstein Properties. The purchase and sale agreement was signed September 29, 2020. No closing date or additional terms were included in the memorandum. Michael Levy was the signatory for Silverstein, while Bendell was signatory for the contract seller.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on April 12, 2013.

Silverstein also signed contracts in another area of Astoria in early 2019.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Michael Levy