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    Home»Real Estate Analysis»Schuman Properties Seeks to Rezone Swath of Astoria

    Schuman Properties Seeks to Rezone Swath of Astoria

    Team_WorldEstateUSABy Team_WorldEstateUSAMarch 4, 2026No Comments2 Mins Read
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    Astoria’s constructing growth isn’t cooling off and Schuman Properties needs a much bigger piece of it.

    The Lengthy Island Metropolis-based agency filed a rezoning utility for a 50,000-square-foot assemblage alongside Steinway and thirty eighth streets, the place it plans to assemble a pair of 12- and nine-story buildings totaling roughly 310,000 sq. toes, Crain’s reported. The rezoning would enable for considerably extra density than zoning permits, clearing the best way for roughly 270 residences and a large industrial element at 34-14 Steinway Road.

    The challenge would span the block between thirty fourth and thirty fifth avenues and Steinway and thirty eighth streets. Two one-story buildings on the location could be demolished, whereas a 3rd, occupied by a sports activities complicated, would stay. A grocery store tenant in one of many current buildings could be relocated throughout the improvement.

    The residential portion of the challenge would span 157,000 sq. toes; between 20 and 30 p.c of the items could be put aside as reasonably priced housing. The unstated for 52,000 sq. toes of economic house would come with retail and a 27,000-square-foot group facility, seemingly medical places of work. Completion is projected for 2029, if the rezoning is accepted. 

    Land use legal professional Frank St. Jacques of Akerman is representing the applicant. St. Jacques and Schuman each didn’t reply to the publication’s request for remark.

    The deliberate complicated would rise steps from Schuman’s 2019 challenge at 34-01 Steinway Road, a six-story, 55-unit rental constructing, marking the developer’s second main guess on the identical block.

    Schuman’s proposal additionally sits simply north of the previous Innovation QNS space, the place the collapse of the $2 billion, 3,200-unit megaproject left a patchwork of smaller developments shifting ahead as an alternative. A 560-unit constructing is underway at 35-18 Steinway Road, and different websites as soon as tied to the scrapped plan are advancing independently.

    Schuman’s improvement displays a broader development story reshaping Western Queens. Whereas the borough’s inhabitants grew 7.8 p.c between 2010 and 2020, western neighborhoods reminiscent of Astoria and Lengthy Island Metropolis noticed a ten p.c leap.

    — Holden Walter-Warner

    Learn extra

    $2B Queens project dead, but smaller ones planned


    Owner proposes rezoning LaGuardia Center in Astoria 


    Why Julie Won is Wrong About Astoria Megaproject’s Demise

    The Daily Dirt: Pol dances on megaproject’s grave






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