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Sky View Parc
Investment type: Property Transaction – Mixed-use development
Investment date: September 2005
Acquired by: Onex Real Estate
Investment: $308 million /
$267 million from Onex
Status:
Phase One Construction Completed
Value realized to date: $17 million / $15 million by Onex

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.