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Article: Alexander's Receives Governmental Approvals to Develop its Rego Park II Queens, New York Property.
- Article from:
- Business Wire
- Article date:
- September 20, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARAMUS, N.J. -- ALEXANDER'S, INC. (New York Stock Exchange: ALX) announced today that it has received governmental approvals for its Rego Park II Queens, New York development. This property is located at the intersection of the Long Island Expressway and Junction Boulevard. Alexander's plans for this property are to construct approximately 600,000 square feet of retail space on four levels, 450 apartment units in two towers, and about a 1,400 space parking deck. Alexander's has entered into a long-term lease with Century 21 for 122,000 square feet of retail space at this project. There can be no assurance that this project will commence or be completed.
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