The partially affordable towers of Hunters Point South have formed a neighborhood within a neighborhood in Long Island City, and like any thriving community, they need a library. Now, the new library, with its unique cut-out design, is coming along nicely on the East River waterfront.
A nine-story, 32-unit mixed-use project has topped out at 41-04 27th Street, in the Queens Plaza section of Long Island City. The structure can be seen in a photo update by The Court Square Blog. Dubbed Queens Boro Tower, the latest buildings permits indicate it encompasses 30,355 square feet. The ground floor and part of the cellar level will be occupied by 4,073 square feet of retail space. On the floors above, the residential units should average 654 square feet apiece, indicative of rental apartments. A fitness center is listed as an amenity, and renderings of the project show many of the apartments will feature balconies. Rego Park-based Great Stone Development is the developer, while Chang Hwa Tan’s Elmhurst-based Tan Architect is the architect of record. Completion can be expected in early 2017. In March, the project was just five stories above street level.
Construction is wrapping up on the 13-story, 48-unit residential building under development at 42-14 Crescent Street, in the Court Square/Queens Plaza section of Long Island City. The structure’s exterior and façade elements have now been installed, as seen in a photo posted to the YIMBY Forums by JC_Heights. The building measures 44,061 square feet and its residential units, which will be rental apartments, should average 816 square feet apiece. It will also contain 740 square feet of ground-floor retail space. Amenities include private residential storage units, storage for 23 bikes, laundry facilities, a fitness center, indoor and outdoor recreational areas on the ground floor, and a rooftop deck. Meadow Partners is the developer, while John Fotiadis Architect is behind the design. It was only in February that the project topped out. Occupancy is likely within the next few months.
Foundation work is now underway on the 54-story, 790-unit residential redevelopment of the seven-story former Eagle Electric Manufacturing building at 43-22 Queens Street, in the Queens Plaza/Court Square section of Long Island City. The news comes as The Court Square Blog recently snapped some shots of the construction site. The latest building permits indicate the entire project will measure 712,747 square feet. The complex will feature rental apartments averaging 763 square feet apiece. Amenities include private residential storage, an inner courtyard, multiple tenant lounges, a fitness center, a bike storage room, laundry facilities, a library, a children’s playroom, and a rooftop terrace on the seventh floor. YIMBY revealed renderings of the SLCE Architects-designed project back in March of 2015. Over the past year or so, crews have gutted the existing building and conducted excavation work at the site. Rockrose Development is the developer, and completion is anticipated in late 2017.
Metropolitan Realty Associates and TIAA are in contract to acquire the four-story, 342,000-square-foot industrial property at 47-25 34th Street, located on the corner of 48th Avenue in the Dutch Kills section of Long Island City. The property is being sold for $90 million, according to Crain’s. The eventual new owners plan to convert the building into modern office space to the tune of more than $10 million. The property is currently 55 percent vacant, with the occupied portion is being utilized as warehouse and showroom space. The sale comes two years after Brickman acquired the building for $60 million. Future office tenants will be located two blocks from the 33rd Street stop on the 7 train.
