Long Island City

Rendering of Jasper. Designed by S9 Architecture

Jasper Nears Completion at 49-20 5th Street In Long Island City, Queens

7:30 am on March 13, 2025 By Max Gillespie

Construction is nearing completion on Jasper, a mixed-use development at 49-20 5th Street in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group, the property yields 499 apartments in studio to three-bedroom layouts. Move-ins are expected to begin in spring 2025. The property is located between 49th and 50th Avenues near the East River waterfront.

Rendering of 26-32 Jackson Avenue, by Flower Design Studio

The Italic Completes Construction At 26-32 Jackson Avenue In Long Island City, Queens

7:00 am on March 11, 2025 By Max Gillespie

Construction is complete on The Italic, a 50-story residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects and developed by American Lions, a joint venture between Fetner Properties and Lions Group, the 526-foot-tall structure yields 363 rental apartments, with 109 units designated for affordable housing. The building also contains 20,000 square feet of commercial space.

RFEI to Be Issued For 44-36 Vernon Boulevard’s Redevelopment in Long Island City, Queens

7:30 am on February 16, 2025 By Michael Young and Matt Pruznick

The New York City Economic Development Corporation (NYCEDC) is planning to issue a Request For Expressions of Interests (RFEI) on behalf of the city for 44-36 Vernon Boulevard, a six-story commercial building in Long Island City, Queens. The RFEI is an appeal to the public for input on the redevelopment of the 672,000-square-foot structure, which currently serves as the central hub for New York City’s Department of Education. Based on the public feedback, the city will decide whether to embark on a full or partial transformation of the property into revamped commercial, light industrial, or community space. The redevelopment could also include the addition of waterfront access under the OneLIC Long Island City Neighborhood Plan initiative by the Department of City Planning (DCP). The property is located along Anable Basin at the intersection of Vernon Boulevard and 44th Drive.

New Rendering Revealed for 600-Unit Skyscraper at 24-19 Jackson Avenue in Long Island City, Queens

8:00 am on January 21, 2025 By Michael Young and Matt Pruznick

An updated rendering has been revealed for 24-19 Jackson Avenue, a planned 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by FXCollaborative and developed by Tavros Capital and Charney Companies in partnership with Incoco Capital, the proposed 676-foot-tall structure is slated to yield 600 apartments and 10,000 square feet of retail space. The 18,000-square-foot property is bound by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.

24-11 Jackson Avenue Remains On Hold in Long Island City, Queens

8:00 am on November 30, 2024 By Michael Young and Matt Pruznick

Wrapping up our Turkey Week rundown of prominent stalled and on-hold projects is 24-11 Jackson Avenue, a planned 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by FXCollaborative and developed by Tavros Capital and Charney Companies in partnership with Incoco Capital, the 676-foot-tall structure is slated to yield 600 apartments and 10,000 square feet of retail space. The property is bound by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.

The Northern Completes Construction at 38-27 and 38-38 32nd Street in Long Island City, Queens

8:00 am on November 17, 2024 By Michael Young and Matt Pruznick

Construction is complete on The Northern, a two-building development at 38-27 32nd Street and 38-38 32nd Street in Long Island City, Queens. Designed by NY Building Associates and developed by Yitzchok Katz of Developing NY State under the 39th Ave Equity LLC, the structures yield a combined 116 rental units and were built in tandem on two parcels at the intersection of 39th Avenue and 32nd Street.

Lucent33 Finishes Construction at 37-34 33rd Street in Astoria, Queens

7:30 am on September 24, 2024 By Michael Young and Matt Pruznick

Construction is complete on Lucent33, a seven-story mixed-use building at 37-34 33rd Street in Long Island City, Queens. Designed by Andres Escobar and developed by George Xu under the 33rd Street Ventures LLC, the 75-foot-tall structure spans 64,984 square feet and yields 64 rental units in studio- to two-bedroom layouts with an average scope of 744 square feet, as well as 10,601 square feet of commercial space, a cellar level, a 30-foot-long rear yard, and 32 enclosed parking spaces. The property is located between 37th and 38th Avenues.

$18 Million Mezzanine Loan Provided For 24-01 Queens Plaza North In Long Island City, Queens

7:30 am on July 25, 2024 By Max Gillespie

Naftali Credit Partners, a subsidiary of Naftali Group, has closed on an $18 million mezzanine loan for 24-01 Queens Plaza North, a new residential project in Long Island City, Queens. The loan is one of two recent mezzanine loans issued by Naftali Credit Partners, totaling $31.4 million combined, and was issued to the project’s developer, New Empire.

Photograph of 29-37 41st Avenue. Designed by Handel Architects

New Lease Signed At 29-37 41st Avenue In Long Island City, Queens

7:30 am on July 10, 2024 By Max Gillespie

The Durst Organization recently announced that Pueblo Querido Coffee Roasters, a Colombian coffee proprietor and restaurant, has opened its first Queens location on the ground floor of Sven, a residential tower at 29-37 41st Avenue in Long Island City, Queens. Pueblo Querido is joining Finback Brewery and ACA Acupuncture and Wellness, the other ground-floor tenants of the 71-story property.

The Borden Complex Nears Completion at 23-30 Borden Avenue in Long Island City, Queens

8:00 am on July 7, 2024 By Michael Young

Construction is nearing completion on The Borden Complex, a five-story industrial building at 23-30 Borden Avenue in Long Island City, Queens. Designed by KSS Architects for Innovo Property Group, which acquired the property for $75 million with Atalaya Capital Management and Nan Fung Group, the 166-foot-tall structure will span 840,000 square feet and house logistics and warehouse space featuring truck courts, a distribution center, two stories of film and television studios, office space, and on-site vertical parking. Earlier this summer, IPG closed on a $435 million loan from Starwood Property Trust and JPMorgan to refinance the development. The development is located on a large parcel between Borden Avenue and Newton Creek.

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Long Island City

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