Avalon breaks ground on second upscale community.AvalonBay Communities AvalonBay Communities, Inc. (NYSE: AVB) is an Alexandria, Virginia-based public real estate investment trust. The company specializes in acquiring, developing, redeveloping and managing high-quality apartment communities in high barrier-to-entry markets, such as the Northeast, , Inc. this week celebrated the ground breaking of the second phase of its Long Island City, NY community. Public figures attending the event included the Chairman of the Empire State Development Corporation Charles Gargano, Borough President Borough President (informally BP, or Beep in slang) is an elective office in each of the five boroughs of New York City. The offices of borough president were created in 1898 with the formation of the City of Greater New York. Helen Marshall Helen Marshall was elected Queens Borough President in 2001 succeeding the term-limited Claire Shulman. Prior to being elected Borough President, Marshall served on the New York City Council from 1992 to 2002, an office she vacated due to term limits. , President of the Long Island City BID Gayle Baron and a representative of Hon. Catherine Nolan Catherine Nolan is an New York Assemblywoman, elected in 1984 to represent the 37th district (covering the Sunnyside, Ridgewood, Astoria, Woodside, Long Island City, Maspeth, Queensbridge, Ravenswood, Dutch Kills and Blissville neighborhods). , Diane Ballek. "I am pleased to be here today and excited that we are taking another step forward in the redevelopment of Queens West as we continue to bring this unique and valuable treasure on the East River to its full potential," Chairman Gargano said. "Residents of Riverview North will enjoy exquisite panoramic views of the Manhattan skyline and will become part of the wonderful Queens community that is Long Island City." The new community, Avalon Riverview North, will feature 602 rental apartments with upscale finishes, and an array of amenities. Just minutes from midtown Manhattan via train, many of the apartments will have sweeping views of the city's skyline. The 39-story building will offer a variety of beautifully designed studios, and one and two bedroom layouts from which to choose as well as 2,750 square feet of retail space. Construction on Avalon Riverview North is expected to be completed by the Fall of 2008. "We are excited to expand our presence in the Queens West area of Long Island with the addition of our newest upscale community, Avalon Riverview North," said Fred Harris Fred Harris or Frederick Harris may refer to:
living conditions npl → conditions fpl de vie living conditions living and we are confident that it will attract more residents to Long Island City." One of AvalonBay Communities largest developments to date, Avalon Riverview North is part of the Company's ongoing efforts to expand its presence in the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . |
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