NEW YORK CITY-Vornado Realty Trust has filed plans with New York City to develop a 314-unit apartment building above its Rego Park shopping mall in Queens.
The Paramus, NJ-based REIT filed plans for the project with the New York City Department of Buildings, The Real Deal reports. Previous regulatory filings put the multifamily project's value at between $100 million to $120 million.
The apartment project will be built atop the Rego Park II shopping center located at 61-35 Junction Blvd. The 610,000-square-foot development is anchored by Costco, Century 21 and Kohl's. See story in The Real Deal.
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