Friday, September 4, 2015

Update on Building Boom in LIC's Court Square

Long Island City is one of the busiest neighborhoods for new construction in New York. Presently, eight major developments are under development and more than 22,500 units of new housing are in the pipeline.
Once a hotbed of industry, over the last decade, it's become a hotbed for residential development thanks to a 2001 rezoning.

Since then, more than 5,000 units have been added to a 37 block area that encompasses the Court Square and Queens Plaza neighborhoods. And many more are still in the planning stages.

From warehouse conversions to the tallest residential building in Queens, there is a lot on the rise.

42-12 28th Street

Rising 635 feet, 42-12 28th Street will one day be the tallest tower in Queens. It will bring 447 apartments to the area by June 2017.

44-26 Purves Street

Brause Realty purchased this stalled development site at a foreclosure auction in 2013. Plans call for construction of a 33-story apartment tower with 270-units.

29-26 Northern Boulevard

Simon Baron Development plans to build a 43-story, 415-unit residential tower with glowing wings on its roof.  The developer acquired the property at 29-26 Northern Boulevard in late 2013 and the site is still little more than a pile of dirt.

28-10 Jackson Avenue

Foundation work is currently underway for a colossal three-tower project being developed by Tishman Speyer. The development at Jackson Avenue and Queens Boulevard will add 1,789 apartments to the neighborhood.

27-21 44 Drive

Silvercup Properties is preparing to construct a 26-story apartment tower at 27-21 44 Drive. The 115-unit building is being designed by GF55 Partners.

27-17 42nd Road

Foundation work has started for another high-rise in Court Square. The large, boxy building will rise 25 stories and reach 258 feet to the roof. The 221,266 square foot development will bring 184 apartments to the market, with retail occupying most of the ground floor.

25-21 43rd Avenue

A nine-story, 86-condo building is on the rise at the corner of 43rd Avenue and Hunter Street in Long Island City. Ekstein Development tapped architecture and design firm GF55 Partners to design the nine-story residential building for the site that sits on top of a subway tunnel.
The project is expected to be completed by 2017.

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