Monday, September 17, 2012

New Residential Towers Ready to Break Ground in LIC

Thanks to a host of new developments, Long Island City is on the rise — one tower at a time. In defiance of the current real estate market, about 1,250 condominiums and rental apartments are slated to hit the market in the western Queens community next year. And that’s just the beginning of what is planned over the next few years. Queens developer The Criterion Group is very busy these days, with four new, off the radar residential projects about to break ground in the once predominantly industrial area.

Purves I
Criterion Group is ready to break ground on a 28-story, 294 foot apartment tower on a 15,000 square foot lot adjacent to the Thompson Avenue viaduct to the Queensborough Bridge.

Located at 44-41 Purves Street, just off Jackson Ave in Long Island City, the development will consist of 150 rental apartments. The building will be a mixture of studios, one-bedroom and two-bedroom units.

Building amenities will include a full service gym, indoor lounge and a rooftop recreational space with spectacular views of Manhattan.

Purves II
Construction on this project is expected to begin early next year on the 11,250 square foot lot at 44-51 Purves Street, adjacent to the Purves I project.

The 209-foot tower is slated to rise 22-stories and consist of 121 rental apartments. Like its neighbor, Purves II will be a mixture of studios, one-bedroom and two-bedroom units.

The near-twin building will also include a full service gym, indoor lounge and a shared rooftop recreational space with panoramic views of Manhattan.

12-07 Broadway
Criterion is developing a 55,063 square foot lot off 14th Street in Astoria, into a residential apartment complex.

The 8-story development will be located at 12-07 Broadway and consist of 190 rental apartments with parking for 98 vehicles.

The 80-foot building will have a wide array of amenities including a full service gym, bicycle parking, private outdoor spaces, common sun deck and roof top patio with panoramic views of Manhattan.

Broadway Residences
Already under construction at 11-15 Broadway in Astoria, Broadway Residences will be an eight story, 80 Unit Class A residential tower. It will consist of (15) studios, (59) 1-bedroom, and (6) 2-bedroom rental apartments. 

Amenities will include a private fitness center, private outdoor spaces, on-site parking, and state of the art communication systems. All apartments will have access to the rooftop recreational area providing panoramic views of the Manhattan skyline. The project is slated for completion early in 2013.