Compass’ Polsinelli Markets Jamaica Development Site
Adelaide Polsinelli, vice chairman of Compass, has been hired to sell a block -through, parking lot property located at 88-22 Sutphin Blvd. in Queens’ Jamaica neighborhood. The property, currently used as a licensed parking lot, consists of approximately 8,110 square feet of land and has a development potential of 37,000 square feet.
The site will be delivered vacant, allowing for a variety of uses. The property provides a potential developer with additional benefits, including an Inclusionary Housing component and favorable Special Downtown Jamaica District zoning designations.
“This property offers purchasers who may be new to the industry, an opportunity to build a manageable project with developer-friendly incentives,” said Polsinelli.
She continued, “This parking lot is conveniently located in the heart of Jamaica’s downtown, central business district, with easy access to all transportation, allowing for a variety of end uses including affordable housing, medical, community facilities, law offices and retail.”
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).