Hunters Point

Housing Lottery Launches for 2-20 Malt Drive in Hunters Point, Queens

The affordable housing lottery has launched for 2-20 Malt Drive, a 34-story high-rise in a two-tower complex in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the structure yields 575 residences. Available on NYC Housing Connect are 173 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,372 to $218,010.

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Housing Lottery Launches for Jasper at 2-33 50th Avenue in Hunters Point, Queens

The affordable housing lottery has launched for Jasper, a 13-story residential building at 2-33 50th Avenue in Hunters Point, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, Bridge Investment Group, and The Vorea Group, the structure yields 499 residences. Available on NYC Housing Connect are 150 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,429 to $250,380.

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The Alchemy Completes Construction at 50-07 5th Street in Long Island City, Queens

Construction is complete on The Alchemy, a six-story residential building at 50-07 5th Street in the Hunters Point section of Long Island City, Queens. Developed by BK Developers Inc. under the 5007-5009 Development LLC, the structure yields 17 condominium units in one- to two-bedroom layouts, including two ground-floor duplexes. The property is located on an interior plot between 50th and 51st Avenues. Alexander Pereira of Modern Spaces is head sales and marketing for the project.

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Exterior Work Finishes on 5-22 49th Avenue in Long Island City, Queens

Construction is finishing up on 5-22 49th Avenue, a five-story residential building in the Hunters Point section of Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the 50-foot-tall structure spans 9,984 square feet and will yield 15 rental units with an average scope of 665 square feet, as well as a 30-foot-long rear yard and six enclosed parking spaces. The property is located on a rectangular interior lot between Vernon Boulevard to the east and 5th Street to the west.

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Jasper Stands Topped Out At 2-33 50th Avenue in Long Island City, Queens

Construction has topped out on Jasper, a 13-story residential building at 2-33 50th Avenue in the Hunters Point district of Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, Bridge Investment Group, and The Vorea Group, the 125-foot-tall structure will span 550,000 square feet and yield 499 units in studio to three-bedroom layouts with 150 reserved for affordable housing, as well as 40,000 square feet of retail space, 503 square feet for a community facility under the Brownfield Award, 111 enclosed parking spaces, and a 30-foot-long rear yard. The $370 million project is alternately addressed as 49-20 5th Street and is bound by 49th Avenue to the north, 50th Avenue to the south, and 5th Street to the east.

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