Back in July of 2015, the façade was being installed on Ekstein Development’s eight-story, 105-unit residential building at 10-44 44th Drive (a.k.a. 44-80 11th Street), in the Hunters Point section of Long Island City. The Court Square Blog now reports all the windows have been installed and exterior construction has been finished. The project encompasses 103,268 square feet and its rental apartments should average 757 square feet apiece. Twenty-five of the apartments – a mix of studio, one-, and two-bedrooms – will rent at below market-rates. Amenities include 36 car parking spaces on the ground floor, bike storage, laundry, a gym, residential storage space, and an open-air recreational space on the second floor. GF55 Partners designed the building. Occupancy can be expected within the next few months.
As warm weather ushers the beginning of March, Rockrose Development’s 43-25 Hunter Street in Long Island City stands over 35-stories-tall. At 509 feet, the tower will become the fourth tallest in Queens upon its completion in 2017, when its 974 units will make it one of the city’s largest residential buildings.
Queens-based property owner Choi Yui Chan has filed applications for two four-story, four-unit mixed-use buildings at 37-11 – 37-15 103rd Street, in North Corona, located two blocks north of the 103rd Street – Corona Plaza stop on the 7 train. Each of the new structures will measure a total 8,048 square feet and include 1,317 square feet of ground-floor retail or restaurant space. Both buildings will have fifth-floor penthouses, with two units on the second floor and the other two units spread across the third and fourth floors. The apartments will average 1,040 square feet apiece, indicative of condominiums. Robert H. Lin’s Flushing-based A&T Engineering is the applicant of record. The site is currently occupied by two townhouses, for which demolition permits have not yet been filed.
Tishman Speyer is now working to develop two more office towers on the same block as Two Gotham Center, the 22-story office building the developer built in 2011 at 42-09 28th Street, in Long Island City’s Queens Plaza section. According to The Real Deal, one of the buildings, dubbed One Gotham Center, will be a 29-story, 583,000-square-foot property with 20,000 square feet of retail space. It will include 200 parking spaces. Last year, WeWork signed a lease for 200,000 square feet of space in it. The second building, dubbed Three Gotham Center, will be a 30-story, 515,000-square-foot property with 11,000 square feet of retail space. WeWork has already leased 258,000 square feet of space in Three Gotham Center, according to EB-5 documents. The developer hopes to accumulate $145 million in financing from the EB-5 program. A targeted completion date has not given.
It’s been a busy week for new development in western Flushing. Yesterday, YIMBY spotted plans for a hotel-residential-retail project in the part of the neighborhood that’s about to be rezoned, and today a different local builder filed plans for an eight-story, mixed-use building at 131-09 Fowler Avenue, close to Flushing Meadows Park and the Van Wyck Expressway.