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Josh Zegen Josh Zegen, co-founder and managing principal of Madison Realty Capital

NEW YORK CITY—The New York City Council approved Madison Realty Capital’s 500,000 square-foot, mixed-use development at 69-02 Queens Blvd., in Woodside, Queens. The project will include 431 apartments, 129 which will be affordable housing and a 476-seat elementary school. In addition to rezoning the 1.5-acre site, the city mapped out a Mandatory Inclusionary Housing Zone, and the project will be developed under the city’s Mandatory Inclusionary Housing rules.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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