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.
Foundation work and piling is underway at 44-26 – 44-28 Purves Street, in Long Island City, where Brause Realty and the Gotham Organization are planning a 35-story, 270-unit mixed-use building. YIMBY revealed renderings in April of the FXFOWLE-designed project, and a 2,600 square-foot retail portion is expected on the ground floor. According to The Court Square Blog, the building is scheduled for completion in October 2017.
Last summer, YIMBY revealed renderings of Meadow Partners’ 13-story, 48-unit mixed-use use building planned for 42-14 Crescent Street, in Long Island City, and now The Court Square Blog has noticed excavation underway at the site. Ground-floor retail will measure 750 square feet, and John Fotiadis is designing; signage indicates an expected completion date of August 2016.
CRE Development has filed applications for a 14-story, 48-unit mixed-use building at 45-24 Vernon Boulevard, in western Long Island City. The building will measure 52,500 square feet, and the first floor will have 4,570 square feet of commercial-retail. SHoP Architects is designing, and an existing single-story commercial building must first be demolished. The Real Deal was the first to report on the filings.
In March, YIMBY revealed renderings of Rockrose’s Eagle Lofts, a 54-Story, 783-unit mixed-use tower and factory conversion at 43-22 Queens Street, in Long Island City’s Court Square, and now The Court Square Blog notes partial demolition of the existing six-story factory has wrapped up. Eighty percent of the building is still intact, and excavation has kicked off on Queens Street, where the tower portion will rise. SLCE is designing, and a completion date has not been formally announced.
