It was over a year ago that we brought you news of a planned nine-story, 32-unit residential building at 42-50 27th Street, between 42nd Road and 43rd Avenue, in the heart of Long Island City. Now, we can show you what it will look like. MY Architect, based in Flushing, has published a rendering of the building.
While most ongoing projects in booming Long Island City involve ground-up construction, 5-33 48th Avenue, two blocks east of the East River, is a conversion of the type more commonly seen in the borough across that river. The renovation and expansion of a four-story manufacturing building into a seven-story residential property is well underway. The project will feature 36 units, as well as retail at the ground floor. Joseph A Sultana of JLS Designs Architecture is indicated as the general contractor on the project’s work permit.
The forest of high-rise towers in Long Island City is about to get a modest addition. New building applications have been filed for a seven-story, mixed-use project at 37-27 31st Street, beneath the elevated N/Q trains and just north of Sunnyside Yards.
Property Markets Group and the Hakim Organization have purchased the roughly 34,000 square-foot property at 42-50 24th Street, in the Queens Plaza section of Long Island City, for $69 million. The site boasts approximately 270,000 square feet of development rights that could go towards a mixed-use project. The property is currently occupied by a taxi company and their old single-story building, although plans for the future have not been disclosed, per The Real Deal. The same developers recently topped out their 44-story, 391-unit mixed-use project a block to the north at 23-10 Queens Plaza South.
The residential high-rise at 23-10 Queens Plaza South in Long Island City, also known as 23-01 42nd Road, has reached its final height of 481 feet, beating the 429-foot-tall Linc LIC for the title of the second tallest skyscraper in Queens.
