Permits have been filed for a six-story residential building at 10–39 49th Avenue in Long Island City, Queens. Located between Vernon Boulevard and Jackson Avenue, the lot is one block north of the Vernon Boulevard–Jackson Avenue subway station, served by the 7 train. Yong Chen is listed as the owner behind the applications.
At number 27 on our annual countdown of the tallest buildings under construction in New York is 30–25 Queens Boulevard, a 525-foot-tall residential skyscraper in Long Island City, Queens. Designed by CetraRuddy Architecture and developed by Baron Property Group and Largevista, the 46-story structure will span around 511,000 square feet and yield 561 units, including 169 designated for affordable housing. The project will also include 21,000 square feet of ground-floor retail space. The property is alternately addressed as both 29-00 Northern Boulevard and 29-10 Queens Boulevard, and is located at the corner of Queens Plaza East and Queens Boulevard, directly west of the Sunnyside Yards rail tracks,
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.
