JAMES BETZ
ELADIA TORRES
Eladia Torres, died Friday, November 1, 2024 at the age of 95. Beloved wife of the late Tobias Checo, loving mother of Luis Checo, Flerida Checo, Modesta Garcia, Felix Checo, Pedro Checo, Melanie Barkley, Rosa Checo Nelson Checo, the late Elsa Checo, and Pablo Checo, and cherished grandmother, great-grandmother and great-great-grandmother. Mass of Christian Burial offered at Blessed Sacrament Church on Tuesday, November 5, 2024 at 10 AM. Interment followed at Linden Hill Cemetery, Ridgewood, NY. under the direction of Papavero Funeral Home, 72-27 Grand Avenue Maspeth, NY 11378 www.papaverofuneralhome.com
Are your heirs ready to receive an inheritance?
In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a financial windfall? And inheritances can certainly be life-altering events. But they can cause challenges, so you’ll want to help your heirs be prepared.
To assist in this preparation, try to address some key questions affecting your heirs:
• Do they know what’s in your estate plans? Your family and other heirs will be much better prepared to deal with an inheritance if they know what to expect. That’s why it’s so important that you share your estate plans with everyone involved. You need to let them know the wishes and decisions you’ve expressed in your will and other legalarrangements, such as a living trust. Of course, sharing this information doesn’t necessarily mean that all your heirs will be completely satisfied with your choices — but at least they won’t be surprised, and perhaps will be less likely to cause disputes when the time comes to settle your estate.
• Will they know what to do with the money or other assets? You may be planning to leave your grown children a sizable amount of assets, possibly including cash, stocks, real estate, IRAs, 401Ks or other types of valuable personal property. But this inheritance brings with it several possible questions: Do your heirs already have an investment platform ready to accept inherited stocks? If you do leave behind rental property or a vacation home, can it be easily sold? These types of issues are generally not hard to resolve, but the more prepared your heirs are for their inheritance, the quicker they can take whatever actions are needed.
• Are they prepared to handle any taxes that may result from the inheritance? Unless you have a very large estate, your heirs likely won’t face federal estate taxes. (In 2024, the first $13.61 million of an estate is exempt from federal estate taxes.) However, other types of taxes may apply. A few states assess state inheritance taxes, and your heirs could incur federal and/or state income taxes when they withdraw money from inherited assets funded with pre-tax dollars, such as some retirement accounts. They could also face capital gains taxes when they sell inherited assets, such as stocks, for more than they were worth at the time of the inheritance. In any case, inheritance-related taxes can be complex, so you and your family and other heirs should discuss these issues with your tax advisor.
• Will they be liable for any outstanding expenses? If you have developed a comprehensive estate plan, it’s unlikely your heirs will be on the hook for any outstanding expenses, such as credit card balances or funeral costs. If you do still carry a mortgage, though, and you are planning on leaving your house to your heirs, they may want to be prepared to act quickly to sell it.
When leaving an inheritance, there’s a lot involved — emotionally, financially and legally. So, do whatever you can to make the entire process as easy as possible for your loved ones. By communicating your wishes regarding the inheritance, and by considering all the issues that may arise, you can go a long way toward achieving the outcomes you desire.
This article was written by John Renda’s team at Edward Jones.
Edward Jones, its employees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning attorney or qualified tax advisor regarding your situation.
Zara Realty’s New Jamaica Residential Building “The 88” Honored by Queens Chamber of Commerce
“The 88″ in Jamaica, Queens was just named 2024’s Top Sustainable Multifamily Residential Development by The Queens Chamber of Commerce at the 2024 Building Awards, which took place on October 10th at JFK International Airport’s TWA Hotel.
The 88, located steps from Jamaica, Queens’ historic Rufus King Park, is an amenity-filled, nine-story, 223-unit residential building that combines elevated living with a climate-forward ethos that surpasses the sustainability standards set by local lawmakers.
Building owner Zara Realty created The 88 in collaboration with Ismael Leyva Architects, Builder Monadnock Construction, and strategic partner Avery Hall Investments.
Zara’s ownership began envisioning the 218,000-square-foot project as far back as 2007, when it started acquiring parcels for the building site. The result is a residential complex that will be 40 percent more energy efficient than required under New York City’s emissions standards.
“Queens continues to grow and thrive, thanks to the incredible work of the real estate, architecture, and construction communities,” said Tom Grech, President and CEO of the Queens Chamber of Commerce. “The 2024 Building Awards Gala will honor these talented professionals who are shaping the future of Queens.”
“At Zara Realty, we’ve always believed that sustainability and quality living can go hand in hand. The 88 is a prime example of how thoughtful design and advanced technology can create a better future for our city,” said Tony Subraj, Co-Managing Partner of Zara Realty Holding Corp. “We are thrilled that our efforts to prioritize energy efficiency, eco-friendly solutions, and community inclusivity have been recognized at this prestigious level.”
The 88 is home to a solar rooftop installation capable of generating 69 kilowatts of energy — equivalent to removing 282 combustion- engine cars from the road. Zara buildings collectively comprise the largest residential solar installation in the City of New York.
Additional sustainable design features include water-conserving appliances, energy-efficient insulation throughout its building envelope, and predictive heating and cooling systems that intuitively respond to environmental conditions, minimizing energy consumption without sacrificing residents’ comfort.
Outdoor space was a constant consideration in the creation and design of The 88. In addition to the solar rooftop garden, the building features a 10,000-square-foot infinity garden and roof deck vistas where residents can lounge, dine and look out over the hills of Jamaica and the nearby, historically significant Rufus King Park.
The 11.5-acre Rufus King Park, located just one block from The 88, is situated on the former estate of Rufus King, one of America’s Founding Fathers. King was a statesman, signer of the U.S. Constitution, and New York’s first U.S. Senator. His former home, The King Manor Museum, is situated within the park and appears on the National Register of Historic Places.
King was an outspoken leader in the anti-slavery movement, and his children went on to serve as Governor of New York and the ninth president of Columbia University, a founder of the Cincinnati Law School, and second president of the Erie Railroad, which would connect New York City by rail to the west side of the Hudson,eventually reaching Lake Erie and beyond.
With 30 percent of its apartments set aside for income-restricted tenants, The 88 continues the King family’s spirit of inclusivity. Residents enjoy a host of amenities, including a 1,272- square-foot fitness center, 3,167 square feet of tenant recreational space, and 6,480 square feet of community facility space on the groundfloor. These include a library lounge, a mediaroom, a billiard and gaming room, a co-working space with private video-conferencing booths, aprivate event space with a wet bar/kitchenette,and a state-of-the-art fitness center and yoga studio. In addition, the 169-space valet parking garage includes charging capabilities for 10 electric vehicles.
This sustainable multifamily residential development is one of 14 prominent projects being recognized.
Amir Sobhraj, Co-Managing Partner of Zara Realty Holding Corp. said, “The recognition of The 88 by the Queens Chamber of Commerce is a testament to the vision and endurance that began in 2007 when we first saw the potential for this development. Much like Rufus King’s relentless pursuit of America’s promise as the land of the free and home of the brave, we remained committed over many years to realizing this project’s promise of sustainable living. Today, The 88 sets a new standard for residential buildings in New York City, blending cutting-edge green technologies with the comfort and lifestyle our residents deserve.”
The 2024 Queens Chamber of Commerce Building Awards will be given out at a gala on October 10, held at the iconic TWA Hotel, a New York City landmark listed on the National Register of Historic Places. Located at John F. Kennedy International Airport, the TWA Hotel reimagined Eero Saarinen’s TWA Flight Center, which operated as an airline terminal from 1962 to 2001.
The Queens Chamber of Commerce has hosted its prestigious Building Awards annually since 1926. On its 98th annual, the gala has recognized projects that contribute to the architectural and economic vitality of the borough, ensuring Queens remains a vibrant, sustainable, and livable community.
MICHAEL GINIS
Michael Ginis, died Thursday, October 24, 2024 at the age of 68. Beloved father of Michael, Nicole and Joseph Ginis, loving brother of Thomas Ginis and Elizabeth DaCunha, cherished son of the late Evanthia & Menelaos Ginis, and dear uncle of John, Dylan and Megan. Private cremation was held on Monday, October 28, 2024 at Fresh Pond Crematory, Middle Village, NY. Mass of Christian burial offered at St. Stanislaus Kostka Church, Brooklyn NY on Thursday, October 31, 2024 at12 PM. Interment followed at Cypress Hills Cemetery, Brooklyn, New York. under the direction of Papavero Funeral Home, 72-27 Grand Avenue Maspeth, NY 11378 www.papaverofuneralhome.com
ROBERT C. BLANCHARD
Robert C. Blanchard, died Monday, October 21, 2024 at the age of 76. Beloved brother of Richard (Dorothy) Blanchard, and loving uncle of Alan and Anthony Blanchard. Mr. Blanchard was a United States Marine Corps Veteran who served during the Vietnam War. Graveside Funeral Services held at Calverton National Cemetery, Calverton, NY on Thursday, October 24, 2024 at 12:30. under the direction of Papavero Funeral Home, 72-27 Grand Avenue Maspeth, NY 11378 www.papaverofuneralhome.com
JUNE ROSE KELLY
June Rose Kelly, died Tuesday, October 22, 2024 at the age of 93. Beloved wife of the late Michael G. Kelly, loving mother of James Kelly, Brian Kelly and Carolyn Kelly and cherished aunt. Mass of Christian Burial offered at Transfiguration Church on Monday, October 28, 2024 at 10 AM. Interment followed at Calverton National Cemetery, Calverton, NY. under the direction of Papavero Funeral Home, 72-27 Grand Avenue Maspeth, NY 11378 www.papaverofuneralhome.com
MICHAEL MIGLIORE
Michael Migliore, died Thursday, October 24, 2024 at the age of 74. Beloved father of Michael Joseph Migliore, and loving brother of Patricia Tenzer and John Migliore. Mr. Migliore was a United States Navy Veteran who served during the Vietnam War. Private Cremation held on Saturday, October 26, 2024 at Fresh Pond Crematory, Middle Village, NY Mass of Christian Burial offered at St. Elizabeth of Hungary Church (Melville) on Thursday, October 31, 2024 at 10:30 AM. Entombment followed at Long Island National Cemetery, Farmingdale, NY under the direction of Papavero Funeral Home, 72-27 Grand Avenue Maspeth, NY 11378 www.papaverofuneralhome.com
Best bars to watch football in Queens
By Molly Sword
As the football season begins, we are all looking for the best place to watch the game. Whether you’re a Queens local or fancy an evening out in a different neighbourhood we have found the best places in Astoria, Sunnyside, Maspeth, and Forest Hill’s for you to eat, drink and watch the game. Sundays, Mondays, and Thursdays these bars will be filled with people drinking in celebration or commiseration but either way you’re guaranteed to have a great night out. So, these are our top six places to go this football season:
Ocean Prime
This Maspeth based restaurant and bar prides itself on simple and honest cooking and great quality drinks. With a friendly atmosphere and great value for money this is the ideal place to meet your friends or bring the whole family down to watch the game. Whether it is the famous Ocean Prime burger which brings you in or the locally adored Velvet Llama cocktails that encourages you to stay your guaranteed to go away fulfilled, even if you team didn’t quite make that touchdown. Maspeth is also a great place to visit, a quintessential New York neighbourhood, representing a great community , perfect for a fun and friendly evening.
The Lowery bar
If only there was a place that served international and domestic beers, handcrafted cocktails, a great selection of wine and high-quality menu items. Well, your prayers have been answered because the Lowery Bar is not only a great place to eat and drink but it is also open for all NFL games this season. My personal favourite is the flatbread, you can share this over a few Lowery Margaritas or, as I prefer, have it to yourself. Whether it is Beer and a small bite or wine and a gourmet meal, this place has it all and with the option to watch the football either with the boys or over your wife’s shoulder , you are guaranteed to have a great time.
Seoul Bystro
Where the magic taste of Korean delicacies meets the American charm of a great bar with multiple screens to watch the game. While the game may get your through the door it is the Pork Belly SooYook which will encourage you to stay. And forget the game the only real competition is which of the Soju based cocktails is the best, personally in rooting for the mojito. Seoul Bystro is a beautiful Korean restaurant perfect to combine the fun of the game with great food and based in Sunnyside it’s a great location to visit. Named as one of the best places to live in New York, this is a diverse neighbourhood full of shops, green spaces, and of course great restaurants.
O’neils
If you want authenticity without sacrificing great food and service, this is the place for you. O’Neil’s is a family run restaurant, which has operated for over 90 years. In fact, O’Neil’s first opened its doors the day prohibition ended, and while a lot has changed since 1933 the celebration and community feel of this restaurant has not. Whether you are celebrating a victory this NFL season of having a commiserating drink O’Neil’s is a great place to meet and watch the game. With their prime dry aged beef speciality and vast selection of drafts, while you may be hungry for more sports action you certainly will be satisfied from your meal. A hidden authentic gem within a great neighbourhood which is definitely worth a visit.
Queens Bully
If there was ever a place that could represent the values of Queens, it would be Queens Bully. Their motto is centred around the importance of bringing the community together to celebrate diverse cultures through food, drink and even football. They are known for their lively atmosphere, friendly staff, and mouth-watering global flavours. And with their locally sourced BBQ foods, it seems like the other team won’t be the only thing getting smoked this season. To finish off the night the ‘frozen painkiller’ cocktail will certainly numb the pain of any loses, a lively and exciting place to have a great time with friends!
Bohemian Beer Garden
New York’s Oldest Beer Garden. ‘If something has been around this long it must be good’, was my first impression of this place, and it certainly lives up to the expectation. Embracing tradition and culture with authentic Czech and Slovak dishes, beer, and interior this is a place worth visiting. With a great selection of drafts and cans it’s a great excuse to try every version out, whether you are drinking to celebrate or to forget. But one thing you should not forget is to line your stomach before and what better way to do it then with their amazing fried chicken sandwich. Situated in Astoria this location is surrounded by lots of green space, alongside an abundance of arts and culture. So, while you may come for the football culture and food you may stay for the cultural sites of this lovely neighbourhood.