Rego Center

Rego Center
Rego Center Phase 1
Location Rego Park, Queens
Coordinates 40°43′59″N 73°51′47″W / 40.73306°N 73.86306°W / 40.73306; -73.86306Coordinates: 40°43′59″N 73°51′47″W / 40.73306°N 73.86306°W / 40.73306; -73.86306
Address 96-05 Queens Boulevard, Queens, NY 11374
Opening date March 3, 2010 (2010-03-03)
Developer Vornado Realty Trust
Management Urban Edge Properties
Owner Vornado Realty Trust
Architect Ehrenkrantz Eckstut & Kuhn Architects
No. of anchor tenants 5
Total retail floor area 270,000 square feet (25,000 m2) (Phase I)
950,000 square feet (88,000 m2) (Phase II)
No. of floors 4
Parking 1400[1]
Public transit access New York City Subway: 63rd Drive–Rego Park "M" train ​"R" train
New York City Bus: Q59
MTA Bus: Q38, Q60, Q72
Website Rego Center

Rego Center Phase I and Phase II are the names of a shopping mall bordered by Long Island Expressway, Junction Boulevard, Queens Boulevard, 63rd Drive, and 99th Street in Rego Park, Queens, New York. The mall was built on the grounds of the former "Fairyland" amusement park.

Development

Phase 2

The property was originally Alexander's, a New York City discount department store.

Phase II of the mall, which is an annex to the already open Phase I, opened on March 3, 2010[2] with 950,000 square feet (88,000 m2) of retail space.[3] Costco, Kohl's, Century 21, T.J. Maxx, and Toys "R" Us/Babies "R" Us have opened. Retailers also include Bed Bath and Beyond, Marshalls, Old Navy and Burlington Coat Factory in Phase I.[3] An Aldi supermarket also opened on level 1 in February 2011.[4][5] The nearest competitor malls are Queens Center and Queens Place Mall.

As of February 2015, Vornado Realty Trust, the mall's owner, is developing a 312-unit residential tower on top of the mall's phase II, due to a surge in young professionals moving into the area. About 20% of the units are studio apartments, with the rest being one- and two-bedroom apartments.[6]

Withdrawals

The Home Depot withdrew from the rental deal with Vornado in late 2008 due to drop in profit.[7] The space vacated by Home Depot was replaced by Costco. This is Costco's fifth location in New York City and second in Queens.

In 2005, Wal-Mart had been dropped as a potential tenant, as an early part of its bid to open a store within New York City. Opposition by various groups killed the plan.[8]

Layout

The following layout of retail space is taken from Vornado's Property website.[9]

References

  1. ↑ Gustafson, Anna (17 December 2009). "Rego Center spurs worries - NYPOST.com". New York Post. Retrieved 2010-10-07.
  2. ↑ Kadinsky, Sergey (4 March 2010). "Rego Center II anchors open to fanfare". Queens Chronicle. Retrieved 2010-03-15.
  3. 1 2 Rego Center, NY-Vornado Retail, retrieved 2010-03-15 |first1= missing |last1= in Authors list (help)
  4. ↑ "Aldi opens first outlet in NYC - News - Inside This Issue - Mass Market Retailers :: The Global Newspaper For Supermarket, Drug, Discount Chains". Mass Market Retailers. 2011-03-07. Retrieved 2011-08-13.
  5. ↑ By Lisa Fickenscher (2010-05-26). "Grocer Aldi heads to Rego Park shopping center | Crain's New York Business". Crainsnewyork.com. Retrieved 2011-08-13.
  6. ↑ Laterman, Kaya (2015-02-05). "New Residences, Proposed QueensWay Advance in Rego Park, Queens". Wall Street Journal. Retrieved 2015-08-18.
  7. ↑ Fogarty, Lisa (16 April 2009). "Retailer Reconsidering Rego Park Mall Site". Queens Tribune. Retrieved 2010-03-15.
  8. ↑ Greenhouse, Steven (24 February 2005). "Wal-Mart Drops Plans for Its First Store in New York City". New York Times.
  9. ↑ Official website
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.