The Waldheim Neighborhood, an estate subdivision in Flushing constructed primarily between 1875 and 1925, is a small district of high quality "in-town" suburban architecture that preservationists have tried to save for at least twenty-five years. Waldheim (German for "home in the woods"), known for its large homes of varying architectural styles, laid out in an unusual street pattern, was the home of some of Flushing's wealthiest residents until the 1960s. The neighborhood was rezoned by the City of New York in 2008, in order to halt the destruction of its original housing stock, which became a problem starting in the late 1980s, and to help preserve the low density, residential character of the neighborhood. Today, Waldheim stretches between Sanford and Franklin Avenues on the north, 45th Avenue on the south, Bowne Street on the west and Parsons Boulevard on the east. The area is immediately southeast of the downtown Flushing commercial core, and adjacent to the Kissena Park and East Flushing neighborhoods.
Taken from Wikipedia, February 26th, 2010