H&R Real Estate Investment Trust

Tishman Speyer and H&R REIT Have Chance To Link Two Key Long Island City Subway Stations

Six of the seven subway lines that connect Queens to Manhattan converge at the foot of the Queensboro Bridge, where Queens Plaza meets Queens Boulevard, Northern Boulevard, and Jackson Avenue. There, the elevated Queensboro Plaza station handles the N, Q, and 7 trains, while the E, M, and R serve the underground Queens Plaza stop. The two stations face increasing pressure from steady growth in both Long Island City and the borough as a whole, as well as the impending overflow of Brooklyn commuters displaced by the L train shutdown. The need for a transfer connection between them has become more pressing than ever.

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28-10 Jackson Avenue

New Renderings Show Tishman Speyer’s Residential Towers and Office Complex Under Development in Long Island City

As three residential skyscrapers begin their ascent skyward at 28-10 Jackson Avenue, in Long Island City, renderings for them have finally surfaced per the Wall Street Journal. The towers will stand 43, 45, and 53 stories, respectively, and will together encompass an enormous 1,687,776 square feet. There will be 1,900 residential units and 13,807 square feet of ground-floor retail space. In addition to a slew of amenities, the complex will sport a private 2.5-acre park in the center. Goldstein, Hill, & West Architects is behind the design. Tishman Speyer and H&R Real Estate Investment Trust are the developers.

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28-02 Jackson Avenue

Three-Tower, 1,771-Unit Residential Project Rises Above Street Level at 28-10 Jackson Avenue, Long Island City

Back in the summer of 2015, foundation work kicked off on the three-tower, 1,771-unit mixed-use development planned on Jackson Avenue between Orchard Street and Queens Boulevard, in the Queens Plaza section of Long Island City. Construction has since progressed significantly, as seen in photos by NyConstructionPhoto. On the corner of Jackson Avenue and Orchard Street, at 28-02 Jackson Avenue, a 45-story, 671-unit residential tower with ground-floor retail space is now eight stories above street level. Additionally, construction is underway at 28-30 Jackson Avenue, where a 53-story, 658-unit residential tower with ground-floor retail space is planned. The third tower, to be located on the corner of Jackson Avenue and Queens Boulevard at 30-02 Queens Boulevard, will rise 43 stories and will contain 442 residential units along with ground-floor retail. That building hasn’t risen out of the ground yet.


28-10 Jackson Avenue

Foundation Work Begins For 1,789-Unit Mixed-Use Development At 28-10 Jackson Avenue, Long Island City

Late last year, YIMBY reported on job applications for the 1,789-unit mixed-use development planned at 28-10 Jackson Avenue, in Long Island City. Now, The Court Square Blog reports foundation work has begun; Tishman Speyer and H&R Real Estate Investment Trust are developing, and the project includes 53-, 44-, and 33-story towers, with a combined total of 15,500 square feet of ground-floor retail. Completion is expected in June 2018, per signage, and Goldstein Hill & West is the architect of record.



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