An article about the Coram property and the possible ownership of it by CVS Pharmacy:
The Coram property is a large parcel of land located in the Borough of Queens in New York City. The property is currently owned by the City of New York, but there is a possibility that it could be owned by CVS Pharmacy.
The City of New York has been leasing the property to the developers Coram Realty for a period of 30 years. The developers hope to build a massive mixed-use development on the land that would include residential, commercial, and retail space.
If CVS Pharmacy were to purchase the property, it would be the largest retail property in the city.
The Coram property is a key part of the development plans for the Queens neighborhood of Sunnyside. If the property is purchased by CVS, it would bolster the company’s efforts to become a major player in the borough.
