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.
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.
Construction has topped out on 43-30 24th Street, a 66-story residential skyscraper in Long Island City, Queens. Designed by Hill West Architects and developed and built by Carmel Partners, the 731-foot-tall tower will yield 921 units spread across 838,000 square feet and 17,400 square feet of ground-floor retail space. The property is bound by 43rd Avenue to the north, 44th Road to the south, 24th Street to the east, and 23rd Street to the west.
Construction has begun at 49-18 Vernon Boulevard, the site of a five-story mixed-use building in Long Island City, Queens. Designed by Gerald J. Caliendo R.A., A.I.A. Architect and developed by V&F 4918 LLC, the structure will yield an undisclosed number of residential units and ground-floor retail space. The property is located at the corner of Vernon Boulevard and 50th Avenue.
