Last year, All Year Management bought a warehouse at 41-21 28th Street in Long Island City for $17,000,000, and now YIMBY has the first look at the 16-story residential tower rising in its place between the Queensboro Bridge and 41st Avenue.
All Year Management has begun excavation on their planned 16-story, 166-unit mixed-use building at 41-21 28th Street, in Long Island City, reports The Court Square Blog. The Karl Fischer-designed building will measure nearly 127,400 square feet, and a 675 square-foot retail unit is planned on the ground floor. A rough rendering has appeared on-site, and the project is slated for completion in Fall 2016. The site’s former two-story building was demolished late last year.
5Pointz hasn’t gotten much coverage since the Wolkoffs demolished the graffiti haven last August, but construction has finally started on the two rental towers that will rise in its place at 22-44 Jackson Avenue in Long Island City.
In December, foundation work began on the 50-story, 974-unit mixed-use building planned at 43-25 Hunter Street, in Long Island City’s Court Square. Rebar and concrete have now reached the second story of the 786,105 square-foot building, which will feature 18,800 square feet of retail, according to The Court Square Blog. Rockrose is developing, and SLCE is the architect. YIMBY revealed renderings in 2014, and completion is scheduled for the middle of 2017.
Kenjoy Realty is placing two connected single-story warehouse properties at 11-01 38th Avenue and 37-37 11th Street, in northern Long Island City, on the market for $12.5 million. The assemblage is being marketed as a development site, boasting roughly 86,000 square feet of commercial building potential, according to Commercial Observer. The marketing team states that the site is ripe for a hotel development.
