Construction has reached street level at 44-01 Northern Boulevard, the site of a 13-story residential building in Astoria, Queens. Located on a triangular parcel bordered by Northern Boulevard and 44th Street, the building will contain a mix of rental apartments, retail space, and a parking garage.
The project team includes developers Cantor Fitzgerald and Silverstein Properties, Hill West Architects, and general contractor NY Developers & Management.
The residential component will yield 351 one- and two-bedroom apartments, with 25 percent of the inventory designated as affordable housing. Tenants will also have access to 20,000 square feet of amenity spaces including a gym, a yoga studio, a children’s playroom, a resident lounge, coworking space, a library, and a chef’s kitchen that connects to a roof deck.
Secondary components will include 25,000 square feet of retail space and 200 parking spaces.
Cantor Fitzgerald and Silverstein Properties recently secured $165 million in construction financing to complete the building, which is expected to debut next spring. This week, the contractor has started to pour the first floor.
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That area will be really popping soon as the next frontier following LIC current/seeming saturation point of density