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Astoria Waterfront Should Brace for 700 New Apartments

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As expected, a huge new residential development will rise on a waterfront development site on Vernon Boulevard between 30th Drive and 12th Street in Astoria. Shibber Kahn of Criterion Group bought the property last year, and plans filed with the Department of Buildings (h/t the Real Deal) indicate that there will be two new buildings. The bulk of the apartments will be located at 30-77 Vernon Boulevard, where a nine-story, 569-unit building is planned. A smaller six-story, 132-unit building will be built on an adjacent parcel at 11-12 30th Drive, for a total of 701 new apartments.

The larger building will measure 381,380 square feet, with nearly all of that space being occupied by apartments; only 1,183 square feet is for a commercial space. There will be a 151-spot parking garage in the cellar, and floors 1 to 7 will have 65 to 66 apartments each. The top two floors will each have 56 units and a roof terrace. Given the size and number of units per floor, these will most definitely be rental apartments. The smaller building will be completely residential, with 20 to 29 apartments per floor.
· Criterion Group plans 569-unit Astoria development [TRD]
· Two More Big Developments May Rise on Astoria's Waterfront [Curbed]
· All Criterion Group coverage [Curbed]