High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
New York & Tri-State  + Outer Boroughs  + Apartments  | 

Cord Meyer Breaks Ground on Rentals at Bay Terrace Shopping Center

Cord Meyer Development broke ground on its new residential community at the Bay Terrace Shopping Center, which the company developed more than 60 years ago. The $100-million-plus development will bring 145 new rental residences to Bayside in two five-story buildings being constructed on currently underutilized upper-level parking areas off 26th Avenue.

“Cord Meyer has been part of Queens for more than 120 years, and we believe strongly in its future,” said Danielle Molaison, VP of Development at Cord Meyer Development. “One of the borough’s most pressing needs is additional housing, and we’re proud to help address that here in Bay Terrace. This is a community where people want to stay, and these new residences will provide more options for those who want to continue calling it home.”

Callahan Construction Managers is serving as general contractor for the project. Callahan also serves as general contractor for 70 Westchester Avenue, Cord Meyer’s 203-unit residential development currently under construction in White Plains.

Connect

Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
New call-to-action
New call-to-action
New call-to-action