American Lions, a joint venture between Fetner Properties and the NY Lions Group, has secured $350 million in construction financing to complete a 49-story residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects, the project will comprise 283,000 square feet of residential space and 10,000 square feet of retail space.
The residential component will include 363 rental apartments in studio to three-bedroom floor plans. That mix of apartments is expected comprise 254 market-rate units and 109 affordable units. Amenity spaces will include a fitness center, a two-bay golf simulator, a communal lounge, a basketball court, co-working spaces, and a rooftop terrace. Residents will also have access to high-speed Wi-Fi throughout the building.
JLL represented American Lions in the transaction.
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So dull the rendering won’t reveal which building.
Another blue box, in 50 years people will be pissed about having to tear down all these garbage blue box buildings…