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Flushing Development Sells $85M In Condos In One Weekend

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The 750-unit The Grand at Sky View Parc development in Flushing, Queens launched sales on the second of its three towers this past weekend, and the numbers are staggering for the formerly beleaguered development: within its first weekend, $85 million worth of contracts were signed for one, two, and three-bedrooms at Grand Two, the development's official name.

"Hitting the $85 million sales mark in the opening weekend for Grand Two is a tremendous accomplishment for our team," Michael Dana, President of Onex Real Estate Partners, the developer of the project, told Curbed. "The buyers' confidence in the product serves as a true testament to the quality of luxury living we create for each of our residents."

Grand Two has a total of 258 units ranging in size from 470 to 2,050 square feet. Prices vary from $493,000 to $2 million. The interiors, which include floor-to-ceiling windows and balconies, were designed by Canadian architect Peter Clewes, and his firm architectsAlliance.

There's a plethora of amenities on offer for residents of The Grand at Sky View Parc (but don't get it confused, residents of Sky View Parc's two other condos, already occupied, have their own facilities). When complete, the Grand Club will include a fitness center, a full-service spa, and a resident's lounge. Other amenities include a swimming pool, basketball and tennis courts, and a five-acre rooftop garden.

The Grand at Sky View Parc is part of the larger Sky View Parc development undertaken by Onex Real Estate Partners, and is located over 14-acres of land in Flushing. Two residential buildings with 448 units total have already been built and are currently occupied. They sit atop the Shops at Skyview Center. The two residential buildings and the shopping center marked phase one of development at Sky View Parc. The Grand's three residential buildings constitutes the development's second phase of construction. Sales on Grand One, the first of the three new buildings, launched this past February, and 95 percent of its units have already sold. Construction on both Grand One and Two is currently underway. The third building does not yet have a date for construction.

The sales for both Grand One and Two mark a huge shift for the developer, Onex, who had earlier experienced slow starts with the development as a whole, and had considered selling part it.
· Seeking a posh spot in Flushing? This condo's rights are for sale [NY Post]
· Sky View Parc Buyers Get City's Largest Condo Refund Ever [Curbed]
· Sky View Parc Archives [Curbed]

Sky View Parc

2822 College Point Blvd., New York, NY 11354