Long Island City

24-11 Jackson Avenue Remains On Hold in Long Island City, Queens

8:00 am on November 30, 2024 By Michael Young and Matt Pruznick

Wrapping up our Turkey Week rundown of prominent stalled and on-hold projects is 24-11 Jackson Avenue, a planned 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by Fogarty Finger and developed by Tavros Capital and Charney Companies in partnership with Incoco Capital, the 676-foot-tall structure is slated to yield 600 apartments and 10,000 square feet of retail space. The property is bound by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.

The Northern Completes Construction at 38-27 and 38-38 32nd Street in Long Island City, Queens

8:00 am on November 17, 2024 By Michael Young and Matt Pruznick

Construction is complete on The Northern, a two-building development at 38-27 32nd Street and 38-38 32nd Street in Long Island City, Queens. Designed by NY Building Associates and developed by Yitzchok Katz of Developing NY State under the 39th Ave Equity LLC, the structures yield a combined 116 rental units and were built in tandem on two parcels at the intersection of 39th Avenue and 32nd Street.

Lucent33 Finishes Construction at 37-34 33rd Street in Astoria, Queens

7:30 am on September 24, 2024 By Michael Young and Matt Pruznick

Construction is complete on Lucent33, a seven-story mixed-use building at 37-34 33rd Street in Long Island City, Queens. Designed by Andres Escobar and developed by George Xu under the 33rd Street Ventures LLC, the 75-foot-tall structure spans 64,984 square feet and yields 64 rental units in studio- to two-bedroom layouts with an average scope of 744 square feet, as well as 10,601 square feet of commercial space, a cellar level, a 30-foot-long rear yard, and 32 enclosed parking spaces. The property is located between 37th and 38th Avenues.

$18 Million Mezzanine Loan Provided For 24-01 Queens Plaza North In Long Island City, Queens

7:30 am on July 25, 2024 By Max Gillespie

Naftali Credit Partners, a subsidiary of Naftali Group, has closed on an $18 million mezzanine loan for 24-01 Queens Plaza North, a new residential project in Long Island City, Queens. The loan is one of two recent mezzanine loans issued by Naftali Credit Partners, totaling $31.4 million combined, and was issued to the project’s developer, New Empire.

Photograph of 29-37 41st Avenue. Designed by Handel Architects

New Lease Signed At 29-37 41st Avenue In Long Island City, Queens

7:30 am on July 10, 2024 By Max Gillespie

The Durst Organization recently announced that Pueblo Querido Coffee Roasters, a Colombian coffee proprietor and restaurant, has opened its first Queens location on the ground floor of Sven, a residential tower at 29-37 41st Avenue in Long Island City, Queens. Pueblo Querido is joining Finback Brewery and ACA Acupuncture and Wellness, the other ground-floor tenants of the 71-story property.

The Borden Complex Nears Completion at 23-30 Borden Avenue in Long Island City, Queens

8:00 am on July 7, 2024 By Michael Young

Construction is nearing completion on The Borden Complex, a five-story industrial building at 23-30 Borden Avenue in Long Island City, Queens. Designed by KSS Architects for Innovo Property Group, which acquired the property for $75 million with Atalaya Capital Management and Nan Fung Group, the 166-foot-tall structure will span 840,000 square feet and house logistics and warehouse space featuring truck courts, a distribution center, two stories of film and television studios, office space, and on-site vertical parking. Earlier this summer, IPG closed on a $435 million loan from Starwood Property Trust and JPMorgan to refinance the development. The development is located on a large parcel between Borden Avenue and Newton Creek.

43-20 24th Street Tops Out in Long Island City, Queens

8:00 am on July 1, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 43-30 24th Street, a 66-story residential skyscraper in Long Island City, Queens. Designed by Hill West Architects and developed and built by Carmel Partners, the 731-foot-tall tower will yield 921 units spread across 838,000 square feet and 17,400 square feet of ground-floor retail space. The property is bound by 43rd Avenue to the north, 44th Road to the south, 24th Street to the east, and 23rd Street to the west.

49-18 Vernon Boulevard Begins Construction in Long Island City, Queens

7:30 am on July 1, 2024 By Michael Young and Matt Pruznick

Construction has begun at 49-18 Vernon Boulevard, the site of a five-story mixed-use building in Long Island City, Queens. Designed by Gerald J. Caliendo R.A., A.I.A. Architect and developed by V&F 4918 LLC, the structure will yield an undisclosed number of residential units and ground-floor retail space. The property is located at the corner of Vernon Boulevard and 50th Avenue.

2-33 50th Avenue. Designed by S9 Architecture

New Retail Tenants Announced for Jasper at 2-33 50th Avenue in Long Island City, Queens

7:30 am on June 20, 2024 By Max Gillespie

Three new retail leases were recently signed at Jasper, a 13-story mixed-use building at 2-33 50th Avenue in Long Island City, Queens. The new tenants, whose leases total approximately 7,600 square feet, will bring commitments to more than 64 percent of the building’s 33,000 square feet of retail space. The project was designed by S9 Architecture and is on track to complete construction in the first quarter of 2025.

30-20 Thomson Avenue, courtesy of the Feil Organization

LaGuardia Community College Signs Lease Extension at 30-20 Thomson Avenue in Long Island City, Queens

7:30 am on February 22, 2024 By Max Gillespie

The City University of New York’s LaGuardia Community College has signed a ten-year lease extension at Queens Atrium, an eight-story commercial building at 30-20 Thomson Avenue in Long Island City, Queens. The college has occupied the building for the last 15 years and currently leases 210,334 square feet across the lower floors of the structure.

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