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Fulton SCG II Debt Fund will make an investment in the Project (named "Tangram") located in the heart of Downtown Flushing, New York City. Tangram will be on a 3.26 acres parcel of land and will be comprised of approximately 1.25 million gross square foot (approximately 125,000 square meter) mixed-use development upon completion. The Project is being developed by F & T Group and SCG Group, and will be a mixed-use complex developed in two phases; the First Phase will be comprised of a large retail complex, underground parking garage, community facilities and two high end residential towers and an office tower; the Second Phase will have a life-style/boutique hotel.
Fee ownership of the project site has been secured for the project development and is fully controlled by the Developer.
The project has qualified for the 421-a Tax Incentive program sponsored by the government which can significantly reduce the property tax burden on purchasers.
In comparison with others, our project developers are committed to investing a significant amount of equity in this project.
The Project is already under construction and work is progressing smoothly according to plan.
The Project is located in the heart of Downtown Flushing which offers a variety of amenities to suit the communities.
The Project is located next to One Fulton Square. Both projects can jointly create a large scale complex for high-end living, shopping / entertainment and lifestyle retail.
One Fulton Square Project was developed by F&T Group and SCG Group to which $20 million of EB-5 funds have been contributed to. I-526 petitions associated with the project have been successfully approved...
Globally inspired lifestyle brand MINISO will open its doors in Flushing debuting early 2022 NEW YORK, Sept. 22, 2021 /PRNewswire/ — Flushing’s newest hotspot, Tangram, today announced the signing of global powerhouse lifestyle brand MINISO’s flagship store in New York. With more than 4,500 stores worldwide, MINISO will open its doors to New Yorkers for the first time inview more
Residences are now available for purchase at the new 16-story tower at Tangram, a 1.2-million-square-foot development located in the heart of downtown Flushing. Leading development firms F&T Group and SCG America announced the launch of Tangram’s second 132-unit residential building that will be infused with modern elegance designed by award-winning architect and interior designer Jean-Gabrielview more
Tangram House South – the first opportunity to live in the new heart of Flushing, Tangram – is revealing two beautiful model homes. Designed by New York-based JG Neukomm Architecture, a global design studio that created world famous spaces for the likes of Tiffany, Calvin Klein and hotelier Ian Schrager, Flushing’s new luxury residences bring a whole new level ofview more
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