Long Island City

10-39 49th Avenue. Designed by Angelo Ng & Anthony Ng Architects Studio.

Luma’s Façade Progresses at 10-39 49th Avenue in Long Island City, Queens

Exterior work is progressing on Luma, a six-story residential building at 10-39 49th Avenue in Long Island City, Queens. Designed by Angelo Ng & Anthony Ng Architects Studio and developed by Yong Chen, the 65-foot-tall structure will yield 35 condominium units with an average scope of 685 square feet. The project will also include 13 open parking spaces and six enclosed parking spaces, according to permits filed last December. The property is located between Jackson Avenue and Vernon Boulevard.

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Affordable Units Still Available at 25-01 Queens Plaza North in Long Island City, Queens

There are still affordable housing units available for 25-01 Queens Plaza North, a 26-story residential building at 41-34 27th Street in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, the structure yields 417 residences. Available on NYC Housing Connect are 80 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $118,355 to $227,500.

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Developers Secure $224.3 Million in Bridge Financing for The Italic at 26-32 Jackson Avenue In Long Island City, Queens

Developer American Lions has secured $224.3 million in bridge financing for The Italic, a recently completed residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects, the 49-story tower yields 363 residential units, including 109 affordable apartments. JLL Capital Markets arranged the financing package for the development team, a joint venture between The Carlyle Group, Fetner Properties, and Lions Group. The property is located at the corner of Jackson Avenue and Purves Street.

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Housing Lottery Launches for The Orchard at 42–06 Orchard Street in Long Island City, Queens

The affordable housing lottery has launched for The Orchard, a 69-story mixed-use building at 42–06 Orchard Street in Long Island City, Queens. Designed by Perkins Eastman and developed by BLDG Management Company, the structure yields 824 residences. Available on NYC Housing Connect are 248 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,983 to $261,170.

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