35-32 Leavitt Street
Update
05/27/22
$85.7M Loan Issued for Luxury Flushing Hotel Project
Maxim Capital Group has issued an $87.5 million loan to fund the construction of a major, mixed-use development, set for 35-32 Leavitt Avenue in Flushing, Queens.
Developed by , the 13-story building will be known as "The Northern Tower". It will contain square feet of retail on the ground floor, a Westin branded hotel with rooms, spanning the 2nd through 9th floors, and luxury condo units, occupying floors 10 through 13.
Building amenities are to include a swimming pool, a gym + fitness center, lounge areas, and a business center. Upon completion, the hotel is set to become the only 5-star stay in all of Queens.
Designed by , the structure will stand feet tall and total square feet. The project site (which is alternatively addressed as 137-61 Northern Boulevard) has already been cleared and excavated. Construction is expected to finish by the Winter of 2023.
