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NYC’s Queens to Get 2,404 Apartments in Durst Project

A partnership including Durst Organization plans to build 2,404 apartments on the East River waterfront in the Astoria section of Queens, New York.

Douglas Durst’s company said it will invest $1.5 billion in a 2.5 million square-foot (232,000-square-meter) residential and retail development on Hallets Point, a peninsula just southwest of the Robert F. Kennedy Bridge, according to an e-mailed statement. Durst is teaming with Lincoln Equities Group LLC, an East Rutherford, New Jersey-based builder and operator of commercial properties.