Construction is rising rapidly on The Nova, a 24-story residential project at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger and developed by SB Development Group, the 290-foot-tall structure will yield 86 homes and ground-floor retail space on a triangular plot at the confluence of 29th Street and 41st Avenue. The developers recently secured a construction loan from SCALE Lending worth $55 million to complete the project.
41-05 29th Street
An updated preliminary rendering has been revealed for 41-05 29th Street. The site is located in Long Island City, Queens and will eventually be home to a 24-story mixed-use residential development with ground-floor retail. An excavator and a piling machine were also seen on the triangular corner lot. The property sits at the confluence of 29th Street and 41st Avenue and also happens to be located across the street from Queens Plaza Park, which will become the second-tallest building in the downtown neighborhood upon completion. The tower at 41-05 29th Street is being designed by Fogarty Finger and developed by SB Development Group.
Pre-filing permits have been submitted for a 24-story mixed-use building at 41-05 29th Street in Long Island City, Queens. The site is at the heart of a burgeoning downtown area quickly establishing itself along Jackson Avenue, Northern Boulevard, and Queens Boulevard. SB Development Group is behind the project.