Gotham Pickleball has signed a new lease at 52-37 Second Street in Long Island City, Queens. The ten-year agreement covers 26,000 square feet at the industrial waterfront property and represents Gotham Pickleball’s second New York City location, further expanding its footprint in Queens. The building is owned and operated by TF Cornerstone.
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.
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.
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.
Construction has topped out on 45–40 Vernon Boulevard, a 23-story residential building in Long Island City, Queens. Designed by Archimaera and developed and built by ZD Jasper, the 262-foot-tall structure will span 192,500 square feet and yield 226 units along with lower-level commercial space. The property is located near the intersection of Vernon Boulevard and 46th Avenue.
