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.
The Domain Companies, LMXD, and Bridge Investment Group Holdings LLC have closed on a $290 million refinancing deal for Jasper, a newly completed mixed-use development at 2-33 50th Avenue on the Hunter’s Point waterfront in Long Island City, Queens. The financing, provided by Wells Fargo, marks an upsizing from the bank’s prior $220 million construction loan. Designed by S9 Architecture, Jasper contains 499 residential units and 33,000 square feet of retail space.
The New York City Council’s Subcommittee on Zoning and Franchises and Committee on Land Use have voted to approve the OneLIC Neighborhood Plan, a rezoning initiative aimed at creating nearly 15,000 new homes in Long Island City, Queens. Of these, 4,350 will be permanently affordable through Mandatory Inclusionary Housing requirements. The plan represents the second of the city’s two largest neighborhood rezonings in over two decades and is the product of a two-year public engagement process led by Council Member Julie Won in collaboration with the Department of City Planning and other stakeholders.
Permits have been filed for a six-story mixed-use building at 40-10 Crescent Street in Long Island City, Queens. Located between 40th and 41st Avenues, the lot is near the 39th Avenue subway station, served by the N and W trains. Jack Fang of FH 2Bro Builder Corp. is listed as the owner behind the applications.
The New York City Planning Commission has approved the OneLIC Neighborhood Plan, a rezoning plan that will bring nearly 14,700 new homes and 14,400 jobs to Long Island City, Queens. Led by Mayor Eric Adams…
