Developer Teddy Li recently secured financial backing from Madison Realty Capital to facilitate completion of a new 240-key Staybridge Suites hotel in Long Island City. Located at 38-59 11th Street, the development will comprise approximately 183,000 square feet and top out at 24 stories.
38-59 11th Street
New permits reveal a 116-key hotel in development at 38-59 11th Street, in Long Island City, Queens. When complete, the building will comprise 54,164 square feet and rise to a final height of 16 floors and 179 feet. Filings also mention an enclosed parking volume for 31 vehicles.