5Pointz hasn’t gotten much coverage since the Wolkoffs demolished the graffiti haven last August, but construction has finally started on the two rental towers that will rise in its place at 22-44 Jackson Avenue in Long Island City.
Property owner Simkho Aranbayev has filed applications for a single-story, roughly 7,600 square-foot commercial-retail building spanning 108-01 – 108-13 Atlantic Avenue, in eastern Richmond Hill. The building will have three retail units, and Dal H Chun Engineer is the applicant of record. The existing gas station was approved for demolition earlier this year.
In December, foundation work began on the 50-story, 974-unit mixed-use building planned at 43-25 Hunter Street, in Long Island City’s Court Square. Rebar and concrete have now reached the second story of the 786,105 square-foot building, which will feature 18,800 square feet of retail, according to The Court Square Blog. Rockrose is developing, and SLCE is the architect. YIMBY revealed renderings in 2014, and completion is scheduled for the middle of 2017.
Last week brought Queens applications for three more two-family building projects, further steadying the stream of small scale housing development in the relatively suburban outer borough. Small projects like these haven’t been a popular form of new housing since the mid-2000’s, but they are penciling out for local developers post recession.
Kenjoy Realty is placing two connected single-story warehouse properties at 11-01 38th Avenue and 37-37 11th Street, in northern Long Island City, on the market for $12.5 million. The assemblage is being marketed as a development site, boasting roughly 86,000 square feet of commercial building potential, according to Commercial Observer. The marketing team states that the site is ripe for a hotel development.
