More Condos Planned For Queensboro Plaza: Report

LONG ISLAND CITY, QUEENS -- Yet another development team has its sights set on Queensboro Plaza.

This time, it's for a 100,000-square-foot condo building, which SB Development Group and Heritage Real Estate Partners plans to erect in a triangle-shaped lot on the corner of 41st Avenue and 29th Street in the Long Island City neighborhood, The Real Deal first reported.

SB Development bought the land in late November with Heritage Real Estate Partners for $15.5 million, according to the real deal. SB Development co-founder Joseph Stern told The Real Deal they had yet to decide how many units would go into the residential building.

While the lot's unusual triangular shape posed some challenges for the developers, it offered just the type of opportunity they'd envisioned to build something "different and unique" for the neighborhood, Stern told The Real Deal.

"It took some time to assemble the various parcels and development rights necessary to build something substantial," he said.

The new condos will go up in place of the now-shuttered Dena's Coffee Shop at 41-5 29th St., about three blocks from the Queens Plaza subway station.

SB Development Group and Heritage Real Estate Partners did not immediately return calls for comment. This story will be updated with more information should we here back.

Lead image via Google Maps.