| Investment type: |
Property Transaction – Mixed-use development |
| Investment date: |
September 2005 |
| Acquired by: |
Onex Real Estate |
| Investment: |
$190 million /
$165 million from Onex |
Status:
|
Phase One Construction Completed |
Located in Flushing, New York on 14 acres, Sky View Parc is one of the most highly anticipated mixed-use developments in New York City. The project is being developed in two phases over a five-year period and will ultimately consist of 1,074 condominium units constructed above approximately 800,000 square feet of retail space and a 2,500 space parking garage. Marquee retail tenants include Bed Bath & Beyond, BJ's, Best Buy, Marshall's, Old Navy and Target.