QNS: City Council votes to approve massive $2 billion Innovation QNS project in Astoria

The developers behind the $2 billion Innovation QNS megaproject got the green light to remake a five-block area of southeast Astoria after the full City Council voted to approve the rezoning applications 46-1 on Nov. 22.

When the shovels hit the ground on the largest private affordable housing project in Queens history, it will be a far different project than the one the developers drew up a half-decade ago.

In order to gain the support of Councilwoman Julie Won, the Innovation QNS team — Silverstein Properties, BedRock and Kaufman Astoria Studios — agreed to surrender office and community space to create an additional 299 affordable housing units. Their “exhaustive negotiations” with Won, Speaker Adrienne Adams, and the mayor’s office yielded more than double the number of affordable units that were originally offered, as well as an unprecedented package of community benefits.

Read the full article here: https://qns.com/2022/11/city-council-approves-innovation-qns/