Long Island City

Tishman Speyer Planning Two Office Towers At 28-10 Queens Plaza South, Long Island City

11:00 am on March 2, 2016 By Reid Wilson

Tishman Speyer is now working to develop two more office towers on the same block as Two Gotham Center, the 22-story office building the developer built in 2011 at 42-09 28th Street, in Long Island City’s Queens Plaza section. According to The Real Deal, one of the buildings, dubbed One Gotham Center, will be a 29-story, 583,000-square-foot property with 20,000 square feet of retail space. It will include 200 parking spaces. Last year, WeWork signed a lease for 200,000 square feet of space in it. The second building, dubbed Three Gotham Center, will be a 30-story, 515,000-square-foot property with 11,000 square feet of retail space. WeWork has already leased 258,000 square feet of space in Three Gotham Center, according to EB-5 documents. The developer hopes to accumulate $145 million in financing from the EB-5 program. A targeted completion date has not given.

11-Story, 124-Unit Mixed-Use Project Changes Hands At 42-15 Crescent Street, Long Island City

3:00 pm on February 26, 2016 By Reid Wilson

In early 2015, the two-story expansion of the 11-story, 124-unit residential conversion project at 42-15 Crescent Street, in the Queens Plaza section of Long Island City, topped out, and later that year exterior construction largely wrapped up. World Wide Group is now acquiring the project from Meadow Partners for roughly $70 million, according to The Real Deal. World Wide will finish construction on the 111,000-square-foot building, which will have 7,596 square feet of ground-floor retail space. The apartments will be rentals and should average 761 square feet apiece. Amenities will include a lounge, bike storage, a gym, and rooftop recreational space. Avinash K. Malhotra Architects is designing. Completion is expected later this year.

City Launches Request For Proposals For Adjacent Long Island City Mixed-Use Development Sites

11:00 am on February 26, 2016 By Reid Wilson

The New York City Economic Development Corporation (NYCEDC) has launched a Request for Proposals (RFP) for two city-owned development sites adjacent to each other, which total 4.5 acres, at 5-40 44th Drive and 4-99 44th Drive. Politico New York reports that the city is looking for developers to build “at least 300,000 square feet of commercial office or light manufacturing space, up to 1,000 apartments, a school, and a small park.” The site is currently located in a manufacturing district but would be rezoned for a mixed-use project. It currently consists of a single-story Department of Transportation facility, a surface parking lot, and a restaurant (which has a lease that expires in 2017). Proposals are due by May 26, 2016.

Schematics Posted Of Eight-Story, 12-Unit Mixed-Use Project At 42-44 Crescent Street, Long Island City

10:00 am on February 24, 2016 By Reid Wilson

In July of 2014, YIMBY reported on applications for an eight-story, 12-unit mixed-use building at 42-44 Crescent Street, in Long Island City’s Queens Plaza section. Now, The Court Square Blog reports schematics have been posted of the project on site. Maspeth-based Angelo Ng + Anthony Ng Architects Studio is designing, although no official renderings have been released yet. The new building will encompass 15,338 square feet and will include 2,060 square feet of commercial space on the ground-floor for a restaurant. Residential units will begin on the second floor and should average 951 square feet apiece, which means either rentals or condos could be in the works. Flushing-based Andy Ho is the property owner and doing business under an anonymous LLC. The site’s old two-story building was demolished late last year and excavation appears imminent. Completion is expected in 2017.

Developer Acquires Large Manufacturing Site At 23-30 Borden Avenue, Long Island City

10:00 am on February 23, 2016 By Reid Wilson

Developer Atlas Capital Group LLC, which done work across the country, has acquired the 276,705-square-foot warehouse at 23-30 Borden Avenue, in southern Long Island City, for $48 million. Bloomberg Business reports the warehouse serves as the home of Fresh Direct LLC, an online grocer, although the company will soon move to a new location currently being constructed in the Bronx. The Long Island City site is located within a manufacturing zone (M3-2) and currently yields 129,847 square feet of additional development rights under current zoning. But that could change if the developer initiates a zoning change or if the city moves forward with a general rezoning of the area, which could possibly allow for residential units to be built in this industrial section. Who is behind Atlas Capital Group, LLC? That will remain a mystery until the sale is complete.

New Details For 11-Story, 56-Unit Residential Project At 11-51 47th Avenue, Long Island City

1:00 pm on February 22, 2016 By Reid Wilson

In August of 2014, YIMBY reported on applications for an 11-story, 56-unit residential building at 11-51 47th Avenue (a.k.a. 13-33 Jackson Avenue), in the Hunters Point section of Long Island City, located directly above the 21st Street – Van Alst Avenue stop on the G train. Then last December, YIMBY reported that excavation was imminent following the demolition of the site’s former two-story warehouse. Now, the New York Times has the latest details on the Fogarty Finger-designed project, which will be clad in exposed concrete and industrial-esque windows. We also have a few words from Chris Fogarty himself, Director of Fogarty Finger.

Tower 28 In Long Island City About To Top Out As NYC’s Tallest Residential Outside Manhattan

4:30 pm on February 19, 2016 By Vitali Ogorodnikov

If you remember the recent topping out of 23-10 Queens Plaza South as the second tallest building in Queens, hearing of another contender usurping its place so quickly might give you a sense of déjà vu. In a testament to Long Island City’s dizzying pace of development, the title passes to Tower 28, previously known as 28 on 28th.

Foundation Works Begins For 27-Story, 168-Unit Residential Project At 27-19 44th Drive, Long Island City

11:00 am on February 19, 2016 By Reid Wilson

On-site renderings were revealed in November for the 27-story, 168-unit residential building under development at 27-19 44th Drive, in the Court Square section of Long Island City. Now, The Court Square Blog reports foundation work has just begun. Earlier this month, developer Twining Properties and investment parter CBD secured $70 million in financing for the project, which is being dubbed Watermark Court Square. The new building will measure 151,021 square feet in total and will include 2,807 square feet of ground-floor retail. The apartment units will average 730 square feet apiece and come in studio, one-, and two-bedroom configurations. Handel Architects is the architect of record. Completion is expected in the fall of 2017.

Nine-Story, 108-Key Hyatt Hotel Rises At 27-07 43rd Avenue, Long Island City

11:00 am on February 18, 2016 By Reid Wilson

In the summer of 2015, the nine-story, 108-key Hyatt Hotel being developed at 27-07 43rd Avenue, in the Court Square section of Long Island City, was a single-story above street level. The Court Square Blog now reports the project is seven stories up. The new building will encompass 59,411 square feet and will have 49,589 square feet of commercial space. That works out to hotel rooms averaging a relatively spacious 450 square feet apiece. There will be a dining area on the ground floor and a gym, meeting rooms, and office rooms in the cellar, according to the Schedule A. Flushing-based Michael Kang is the architect of record and Prakash Patel, doing business as an anonymous LLC, is the developer. Completion is expected later this year.

600-Seat Elementary School Will Be Built In Hunters Point South Mega-Development, Long Island City

6:30 am on February 17, 2016 By Reid Wilson

Late last year, the city began infrastructure work and laying out the new streets for phase two of the Hunters Point South mega-development, in the Hunters Point section of Long Island City, directly on the East River. The second phase will see the mixed-use build-out of seven city blocks as well as new public park space. DNAinfo reports the city’s Department of Education is planning to built a new 600-student elementary school on the blocks bound by 57th and 56th avenues, Center Boulevard, and Second Street. That’s on the very southern tip of the master plan and will be located on block “F” in the image above. The school will have its own building and should cost roughly $60 million. Completion of the school is expected in 2020.

Pages: 123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113

Fetching more...

Long Island City

What’s happening in your backyard?