Earlier this month we released a brief update on Times Development’s 44-unit residential building at 27-05 41st Avenue in Long Island City. Today, we take a closer look at the six-story project that straddles the line between the high-rise Queens Plaza district to the south and the low-rise Dutch Kills neighborhood to the north. Structural steel has risen to the second level, while gray brick cladding already wraps around ground level columns. The project is designed by architect Michael Kang, who is also behind the nearby hotel at 40-47 22nd Street. Yan Po Zhu of Flushing-based River Bridge Tower LLC is listed as the owner. 6,970 square feet of ground level retail will contribute to the budding shopping corridor along the avenue.
27-05 41st Avenue
Construction is now two stories above ground level on the six-story, 44-unit mixed-use project under development at 27-05 41st Avenue, located on the corner of 27th Street in the Queens Plaza section of Long Island City. The structure can be seen in an update by The Court Square Blog. The latest building permits indicate the building will measure 50,530 square feet and rise 60 feet in height, not including the bulkhead.
525 East 73rd Street [Commercial Observer]: The sale of 525 East 73rd Street has officially closed, with Memorial Sloan-Kettering paying a sum of $226 million per city files. Construction can now begin on a two-tower, 1.2 million square-foot medical complex, and “site preparation will resume within several weeks.”