CUNY’s Graduate Center Acquires Site At 5-17 47th Avenue For Dormitory Project, Long Island City

5-17 47th AvenueVacant 5-17 47th Avenue, image via Google Maps

The City University of New York’s graduate center has purchased the vacant lot at 5-17 47th Avenue, in Long Island City, from O’Conner Capital Partners for $22.5 million. According to The Wall Street Journal, CUNY plans to build a dormitory for graduate students and faculty. The property could accommodate a building of six stories and 200 residential units, and is located a few blocks from subway stations for the 7 and G trains.

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