Long Island City

Developers Secure $224.3 Million in Bridge Financing for The Italic at 26-32 Jackson Avenue In Long Island City, Queens

7:30 am on January 28, 2026 By Max Gillespie

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.

Housing Lottery Launches for The Orchard at 42–06 Orchard Street in Long Island City, Queens

7:00 am on December 6, 2025 By Vanessa Londono

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.

45–40 Vernon Boulevard Tops Out in Long Island City, Queens

7:30 am on November 25, 2025 By Michael Young and Matt Pruznick

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.

Work Underway on 55-Story Skyscraper at 24–19 Jackson Avenue in Long Island City, Queens

8:00 am on November 11, 2025 By Michael Young and Matt Pruznick

Below-grade work is progressing at 24–19 Jackson Avenue, the site of a 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by FXCollaborative 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 18,000-square-foot property is bound by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.

25-01 Queens Plaza North. Photo by Michael Young.

Link Apartments QPN Completes Construction at 25-01 Queens Plaza North in Long Island City, Queens

8:00 am on July 27, 2025 By Michael Young and Matt Pruznick

Construction is complete on Link Apartments QPN, a 26-story residential building at 25-01 Queens Plaza North in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, the 311-foot-tall structure yields 417 rental units in studio- to two-bedroom layouts, with 126 designated as affordable housing. The project also includes 7,000 square feet of ground-floor commercial space. The property is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station served by the 7, N, and W trains.

Refinancing Package Secured For 1 Queens Plaza South At 23-10 Queens Plaza South In Long Island City, Queens

7:30 am on July 5, 2025 By Max Gillespie

Natixis Corporate & Investment Banking has provided $158.2 million in floating-rate financing to refinance 1 Queens Plaza South, a 45-story apartment tower at 23-10 Queens Plaza South in Long Island City, Queens. Designed by SLCE Architects, the 391-unit building, also known as 1 QPS, was developed by Property Markets Group. The property is located between 23rd and 24th Streets.

Permits Filed for 27-16 43rd Avenue in Long Island City, Queens

6:30 am on May 27, 2025 By Vanessa Londono

Permits have been filed for a 15-story mixed-use building at 27-16 43rd Avenue in Long Island City, Queens. Located between Jackson Avenue and Hunter Street, the lot is near the Queens Plaza subway station, served by the E, M, and R trains. Hang Dong Zhang of CH 41 LLC is listed as the owner behind the applications.

Rendering of Jasper. Designed by S9 Architecture

Jasper Nears Completion at 49-20 5th Street In Long Island City, Queens

7:30 am on March 13, 2025 By Max Gillespie

Construction is nearing completion on Jasper, a mixed-use development at 49-20 5th Street in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group, the property yields 499 apartments in studio to three-bedroom layouts. Move-ins are expected to begin in spring 2025. The property is located between 49th and 50th Avenues near the East River waterfront.

Rendering of 26-32 Jackson Avenue, by Flower Design Studio

The Italic Completes Construction At 26-32 Jackson Avenue In Long Island City, Queens

7:00 am on March 11, 2025 By Max Gillespie

Construction is complete on The Italic, a 50-story residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects and developed by American Lions, a joint venture between Fetner Properties and Lions Group, the 526-foot-tall structure yields 363 rental apartments, with 109 units designated for affordable housing. The building also contains 20,000 square feet of commercial space.

RFEI to Be Issued For 44-36 Vernon Boulevard’s Redevelopment in Long Island City, Queens

7:30 am on February 16, 2025 By Michael Young and Matt Pruznick

The New York City Economic Development Corporation (NYCEDC) is planning to issue a Request For Expressions of Interests (RFEI) on behalf of the city for 44-36 Vernon Boulevard, a six-story commercial building in Long Island City, Queens. The RFEI is an appeal to the public for input on the redevelopment of the 672,000-square-foot structure, which currently serves as the central hub for New York City’s Department of Education. Based on the public feedback, the city will decide whether to embark on a full or partial transformation of the property into revamped commercial, light industrial, or community space. The redevelopment could also include the addition of waterfront access under the OneLIC Long Island City Neighborhood Plan initiative by the Department of City Planning (DCP). The property is located along Anable Basin at the intersection of Vernon Boulevard and 44th Drive.

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