The massive residential project that developer Madison Realty Capital is working to create in Woodside, Queens is already facing obstacles.
The Sunnyside Post reports that Community Board 2 has voted to reject the developer’s bid for a zoning variance that would allow for two towers—one 17 stories and the other 14 stories—to take shape at 69-02 Queens Boulevard. The advisory vote comes after Council Member Robert Holden’s May announcement that he would not support the rezoning.
Under the areas current zoning rules, developers would be able to build a 12-story building with 289 apartments, of which 58 would be affordable. However, to move forward with the 561-unit development the area would need to be rezoned to make way for the large-scale development. In exchange for the rezoning, Madison Realty would offer 168 apartments as affordable housing.
“We have the opportunity to provide 168 newly constructed, well-located affordable units in our Woodside project if the requested zoning change is granted…It would be a mistake to build fewer affordable units where there is an opportunity to build more,” said Madison Realty in a statement.
The proposal will now be reviewed by Queens Borough President Melinda Katz, the City Planning Commission, and the City Council.