Sky View Parc is proud to announce that the residential luxury condominium has reached a major milestone with more than 50 percent sold of Tower One and Tower Three. Sky View Parc consists of three residential towers located at 40-22 College Point Boulevard, Flushing Queens and has been experiencing strong sales activity since fall 2011 and current spring season.
In honor of the milestone, we spoke with Helen Lee, Director of Onex Real Estate Partners, who gave us her thoughts on the growing neighborhood, luxury development and more.
How has Flushing, Queens changed since first developing Sky View Parc?
Queens has become a focal point for many investors both nationally and internationally, making it an attractive alternative to Manhattan. With Queens being the second-largest borough in population in New York City, we wanted to set the standard for luxury living in Flushing and we believe we have accomplished that with Sky View Parc. Sky View Parc together with regional mall Sky View Center have set the precedent for upcoming developments by currently bringing over 400 luxury residences and 800,000-square-foot of commercial venues to the area along with high foot traffic.
How is luxury real estate evolving in Queens compared to Manhattan?
Options for luxury real estate in Queens is definitely on the rise and can offer buyers more value and space. Buyers today expect full-service amenities, 24/7 concierge and security as well as homes with high-end finishes and this is exactly what we are delivering in Queens and in particular at Sky View Parc. In Manhattan, many buyers will find that they will be priced out of that market and they are paying premium prices for half of the space. Just a 20 minute train commute to Queens and buyers can find an even more complete amenity package at Sky View Parc at valued pricing for first-class quality. A similar condominium in a Manhattan building will run buyers three times the price.
What are your forecasts for the next few years in New York (Queens) Luxury real estate?
Very strong, particularly in the Flushing, Queens market. There is a high demand for people who want the Manhattan luxury apartment and living standards but still enjoy the uniqueness, vibrancy and cultural diversity of Flushing. There are great things happening here in the downtown area – new restaurants, stores, hotels and apartments to meet this demand. Sky View Parc and our 800,000 square-foot multi-level shopping mall Sky View Center below is just a prime example.
What are the stand out features for prospective buyers?
Sky View Parc offers value, quality, unique amenity package and a desirable location and neighborhood with exceptional restaurants, shopping and museums just steps away. The residential development is in the center of one of the busiest intersection in New York City only a 3-minute walk from the NYC MTA 7 Line Main Street station (22 minutes to 42nd Grand Central Station) and Long Island Rail Road (17 minutes to 34th Street Penn Station).
What kind of amenities did you feature and why?
Our plan for Sky View Parc as far as amenities is concerned is to provide residents with an unmatched package that pairs well with the resident’s luxurious lifestyles. Sky View Parc features a 24-hour staffed lobby and concierge service, indoor valet parking, on-site property management, an entertainment room, tennis and basketball courts, running track, and a stunning 8,000-square-foot resident health club and spa. The four-acre rooftop garden completes the package with tranquil gardens, alfresco dining, barbeque grills, a children’s playground, putting green and dog run, offering residents a private oasis in the heart of downtown Flushing.
We want to offer buyers and provide residents with true value and quality by creating a destination of luxury homes with convenience shopping and entertainment.