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Arverne East

Development Description

Development Overview

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Summary

Arverne East is the result of a public-private partnership with the City of New York. A tri-venture team of Triangle Equities, L+M Development Partners, and the Bluestone Organization was selected through an RFP process run by the NYC Department of Housing Preservation and Development (HPD) for the development of a resilient and sustainable community on an 80+ acre site on the Rockaway Peninsula.

Plans for the site include the development of a sustainable and resilient community of approximately 1,200 residential units, approximately 150,000 SF of community retail and restaurant space, a nature preserve, and a boardwalk. The importance of coastal resiliency is abundantly clear in the wake of Hurricane Sandy, and the construction of a resiliency preserve will ensure that the Rockaway Peninsula area, vulnerable to flooding from bay and sea storm surges, ground water liquefaction, and surface rain, is well protected against future “superstorms.”

Developer

Triangle Equities
L+M Development Partners
The Bluestone Organization

Project profile

Master Planning and Development of 80+ Acre Resilient/Sustainable Community

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Developments

  • Lighthouse Point Phase I
  • Lighthouse Point Phase II
  • Kensington Estates
  • Arverne East
  • Terminal Logistics Center
  • 111 Willoughby Street

30-56 Whitestone Expressway, Suite 300
Whitestone, NY 11354
| Tel. 718 463 5757
info@triequities.com

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