NEW YORK | 89-25 162nd Street | FT | FLOORS | 237k sf

might get a new Jamaica highrise out of this.

https://rew-online.com/lighstone-lends-on-jamaica-project/

Lightstone Capital Markets provided $13.4 million in financing for a development site in Jamaica, Queens.

Cushman & Wakefield served as advisor to Great Atlantic Construction in securing the loan for two adjacent sites, totaling 237,000 buildable square feet, located at 89-25 and 89-26 162nd Street

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Sites are small relativity speaking. Could yield something decent for the area. Definitely in high rise territory based on that square footage.

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