The stalled $850 million Flushing Commons mixed-use project in the New York City borough of Queens will be developed in two phases, with the first phase slated to break ground in November. Phase one will consist of about 350,000 square feet of commercial space, 160 residential units, public open space and a YMCA. Phase two would add 450 residential units, parking and community facility space. The separation into phases could be due to funding issues, waiting to see how the market performs, or other reasons, according to a land-use lawyer.

Related Summaries