The opening of 30-02 39th Avenue, in Long Island City, Queens, will bring another 428 rental units to the market. The site is on the same block as the 39th Avenue subway station, serviced by the N and W trains. The project is being named ARC, and The Lightstone Group is responsible for development.
30-02 39th Avenue
Construction has topped out on the 10-story, 428-unit mixed-use building under development at 30-02 39th Avenue, in the Dutch Kills section of Long Island City. Progress on the structure, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project encompasses 413,138 square feet and rises 123 feet to its main roof. There will be 3,181 square feet of retail space on the ground floor, followed by 428 residential units across the ground through 10th floors. The apartments should average 679 square feet apiece, indicative of rentals. The Lightstone Group is the developer and Gerner, Kronick + Valcarcel (GKV Architects) is the architect. Completion is expected later this year.
Late last year, new details emerged of the 10-story, 428-unit residential building planned at 30-02 39th Avenue (a.k.a. 30-17 40th Avenue), in northern Long Island City, located directly below the 39th Avenue stop on the N/Q trains. Now, YIMBY can reveal the 39th Avenue façade of the project, thanks to a rendering posted on-site and spotted by JFBautista via the YIMBY Forums. The structure will encompass 413,138 square feet. It will have 3,181 square feet of ground-floor retail space and its residential units should average 679 square feet apiece. The units will be rental apartments ranging from studios to two-bedrooms. Its 22,000 square feet of amenities include storage space for 319 bikes, an underground parking garage, a fitness center, an entertainment room, a lounge, a gathering room, laundry facilities, a green house, and a rooftop pool and sundeck. Developer Lightstone Group secured $75 million in financing in April for the project, and recently secured $30 million more, Commercial Observer reports. Gerner, Kronick + Valcarcel (GKV Architects) is behind the design. Excavation began last November, and completion is expected in late 2017.