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Sky View Parc
Investment type: Property Transaction – Mixed-use development
Investment date: September 2005
Acquired by: Onex Real Estate
Investment: $311 million /
$270 million from Onex
Status:
Phase One Construction Completed
Value realized to date: $19 million / $17 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 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, Nordstrom Rack, Old Navy and Target.