After the local community board shot down plans for a 30-unit condo at 111 Leroy Street in the West Village in February, Property Markets Group has scaled down the size of their project between Hudson and Greenwich Streets. The developer filed applications yesterday for a 10-story condo building and five townhouses.
Property Markets Group
Property Markets Group and the Hakim Organization have purchased the roughly 34,000 square-foot property at 42-50 24th Street, in the Queens Plaza section of Long Island City, for $69 million. The site boasts approximately 270,000 square feet of development rights that could go towards a mixed-use project. The property is currently occupied by a taxi company and their old single-story building, although plans for the future have not been disclosed, per The Real Deal. The same developers recently topped out their 44-story, 391-unit mixed-use project a block to the north at 23-10 Queens Plaza South.
The residential high-rise at 23-10 Queens Plaza South in Long Island City, also known as 23-01 42nd Road, has reached its final height of 481 feet, beating the 429-foot-tall Linc LIC for the title of the second tallest skyscraper in Queens.
The flatiron-shaped facade at 10 Sullivan Street in Soho has most of its hand-laid Norman bricks and curved glass, and workers are busily installing bathroom tile and gas fireplaces. The building will eventually top out at 16 stories and hold 22 condos on a triangular lot wedged between Sullivan Street, 6th Avenue, Spring, and Broome Streets.
The blocks between Court Square and Queensboro Plaza might have more new construction than anywhere else in the city, and today YIMBY has new renderings for one of the hood’s biggest new buildings, the 45-story tower rising at 23-10 Queens Plaza South.