After 5 Years Luxury Building Hits Forest Hills' Housing Market

FOREST HILLS, QUEENS — Another luxury building will open in Queens this year, but this time it’s not located in the northwest part of the borough — it’s in the heart of Forest Hills.

BLVD, a mixed-use building at 107-02 Queens Boulevard, is expected to open for residents at the end of 2021, according to the development company, but some of the condominiums are already on the market — ranging from $650K for studios up to $1.6 million for two-bedrooms.

In addition to 74 apartments the 10-story building is slated to house 46 enclosed parking spaces, two outdoor terraces, and more than 11,000 square feet of commercial space on the first floor, including a Planet Fitness, the Forest Hills Post reported.

According to a real estate site, all residences have central heating and air conditioning, and come decked out with Bosch appliances, including kitchen equipment and a stackable washer and dryer.

Also, the building’s shared amenities include a landscaped courtyard with two BBQs, a parking garage, fitness center, playroom, and lounge complete with a billiards table, the site reported.

RJ Capital Holdings is the development group behind the Forest Hills building, but this isn’t the group’s first foray into the central Queens development scene.

The development company is also behind the long-disputed 16-story, mixed-use luxury building in Rego Park, which is slated to be built on a site where three buildings currently stand, including a historic theater-turned-synagogue and several businesses.

When demolition permits were filed for that building in May, Rudolf Abramov of RJ Capital Holdings told Patch that the site will welcome all tenants back to the building’s first floor — once it is completed at an unspecified date — and that the additional apartments will be a welcome addition in a neighborhood with a "huge demand" for rental apartments.

Similarly, Michael Abramov of RJ Capital Holdings told the real estate site that the development group is “confident the development [in Forest Hills] will resonate with the current demand in the market” — but BLVD also came with its own slate of demolitions.

According to the Forest Hills Post, the restaurant Caffe Biu Bella and stores such as Party World were demolished to make way for the 10-story luxury building, which was originally slated to be an office building at the start of construction in 2016.