Eastern Emerald News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fleet Financial Group, a New York-based urban development and real estate asset management company, has received approval from the New York City Board of Standards and Appeals (BSA) for Eastern Emerald, a new high-end hotel and residential development in Corona, Queens. Located at 112-51 Northern Boulevard, the 25-story, 350,178 s/f property will rise to a height of 372 feet and encompass a full city block near LaGuardia Airport, Citi Field, Corona Park, and Flushing Bay Promenade. The residential component will include approximately 175,000 s/f on the upper levels, and the hotel will enco...

Queens developer accused of jilting Chinese investors hoping for green cards The site of the Eastern Emerald development project. Flushing-based developer Richard Xia of Fleet Financial Group stiffed a group of Chinese nationals who invested $1.65 million in his massive Queens development project in exchange for green cards, a lawsuit filed Tuesday in state Supreme Court in Manhattan claims. Investors Xinyu Liu, Liang Zhang and Xinguang Wang each put up $550,000 for Xia’s project between 2014 and 2016 through two funds for the $190 million Eastern Emerald development, where they expected a ...