Greystone Development‘s most recent residential project has now topped-off at 24-16 Queens Plaza South. Located in Long Island City, the 23-story tower will eventually comprise over 100,000 square feet, yielding 117 residential units and a full suite of amenities including an open-air rooftop deck, a pool, a fitness center, co-working spaces, and more to be announced upon completion. The latest update comes from The Court Square blog, and also includes a fresh rendering.
24-16 Queens Plaza South
Last week, YIMBY reported on the start of construction work for the high-rise expansion of the pre-war building at 24-16 Queens Plaza South in Long Island City. The project, spearheaded by Greystone Development, would boost the existing five-story structure to 22 floors. Today, we bring you the first renderings, made available via the brand new on-site project board. The design by architecture firm Woods Bagot appears to draw inspiration from Art Moderne, an early modern style that complements its pre-war foundation.
In formerly industrial Long Island City, most new developments start with a blank state. Some projects, such as the Dutch LIC, Factory House, and 42-14 Crescent Street pay homage to the district’s past via design cues. Other developments, such as 29-37 41st Avenue, 23-10 Queens Plaza South and 43-22 Queens Street, incorporate new towers alongside existing pre-war structures. The project at 24-16 Queens Plaza South takes preservation in a slightly different direction. There, Greystone Development reimagines the façade of the five-story, pre-war commercial building as the base for a new residential tower. The 22-story building at the foot of the Queensboro Bridge will be designed by the Midtown-based firm Woods Bagot. The ground level will be anchored by a 3,863-square-foot retail space, with 117 residential units to be stacked above. The existing property sat unused for some time, and construction scaffolds rose around its perimeter earlier this month.
Back in July of 2014, YIMBY reported on applications for a 14-story residential building at 24-16 Queens Plaza South, in the Queens Plaza section of Long Island City, but now a new developer, Greystone Property Development, has acquired the site for $23 million. Greystone plans to add 17 stories to the existing five-story commercial building, Crain’s reports. The 22-story, 100,000-square-foot project will include 117 residential units and 3,836 square feet of ground-floor retail space, according to building permits approved back in December of 2015. The residential units would spread across 86,529 square feet of space for average units of 740 square feet apiece, indicative of rentals. Amenities include an outdoor pool, a gym, meeting rooms, and a roof terrace. Woods Bagot is designing. The developer has already secured $39 million in construction financing.
Another day, another permit filed for an apartment building on Crescent Street, in Long Island City. Today’s filing comes at the corner of Crescent Street and Queens Plaza South, right below the Queensboro Bridge, for…