Permits have been filed for a 26-story mixed-use building at 37-09 36th Avenue in Long Island City, Queens. Located between 37th Street and 38th Street, the lot is near the 36th Street subway station, served by the E, F, M, and R trains. Elie Pariente is listed as the owner behind the applications.
The affordable housing lottery has launched for The Pecora, a 26-story residential building at 41-08 Crescent Street in Long Island City, Queens. Designed by Dan Ionescu Architects and developed by Watermark Capital Group, the structure yields 184 residences. Available on NYC Housing Connect are 56 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $117,703 to $227,500.
Construction is about to go vertical at 24-19 Jackson Avenue, a 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by FXCollaborative and developed by Charney Companies and Tavros Capital in partnership with Incoco Capital, the 676-foot-tall structure will yield 600 apartments and 10,000 square feet of retail space. The 18,000-square-foot property is bounded by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.
Terra Developers has secured $70 million in construction financing for 11-33 44th Drive, a forthcoming eight-story residential building in Long Island City, Queens. The 74,728-square-foot structure will yield 113 condominium units, ground-floor retail space, and 23 parking spots. The 180,000-square-foot property is located between 11th and 21st Streets.
JLL Capital Markets has announced the refinancing of QLIC, a residential tower at 41-42 24th Street in Long Island City, Queens. Developed by World Wide Group and Rabina, the 21-story structure yields 421 units. The refinancing package totaled $160.25 million and came from global investment firm KKR. The property is located between 41st Avenue and Queens Plaza North.
