New, probably big things are coming to Queens Plaza in Long Island City. A Flushing-based buyer known only as 38 Crescent LLC bought a three-parcel sit on the corner of 42nd Road and Crescent Street for $5.3 million, and, between 41st Avenue and Queens Plaza North, there's a 14-story hotel going up, and another hotel three blocks away. And the timing couldn't be better, as one of the neighborhood's main tourist attractions has about a day left before its destroyed. [Brownstoner; BuzzBuzz]
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