OLD ASTORIA NEIGHBORHOOD ASSOCIATION
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OLD ASTORIA
NEIGHBORHOOD
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Goodwill Apartments Sold

Jonathan Rose Cos., has purchased the former Goodwill property at 27th ave and 4th st on Hallets Peninsula for 35 million.

“We have come up with a program to protect current tenants,” advised Nathan D. Taft, managing director of acquisitions, for Jonathan Rose Cos. The property is a Mitchell-Lama property

The purchase of the 202-unit Goodwill Terrace Apartments has below-market rents along with a tax exemption.

Jonathan Rose will renovate for new common spaces for tenants, plus new lobby and energy-efficiency in the apartments.

“We use energy models and audits to see how the building is performing and design the program around that,” Taft explained.

The project at 4-21 27th Ave. at 9th Street in Queens. The wide, 15-story building of 136,000 square feet is on a huge L-shaped lot surrounded by project parking.

Mr. Khuzami has been a member of Community Board 1 in Astoria, NY for the last 20 years. He sits on the Zoning and parks Committees and is on the Executive Board. Previously, he served as Parks and Culture chair of Community Board 1 for eleven years and also chaired Capital and Expense priority Committee. He is a member of the Queens General Assembly and had been a panelist for grant submissions for the Queens Council on the Arts (QCA). Richard also is an officer of The Eastern Mediterranean Business Culture Alliance (EMBCA) and President of OANA.

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