Foundations have been completed for a four-story, eight-unit residential building at 47-09 5th Street, in the Hunters Point neighborhood of Long Island City, close to the East River waterfront. Building permits list Shahram Nassi as the owner, with Jieming Wang of LMW Engineering Group LLC attached as the applicant of record. Brooklyn-based MC Superstructure Inc. is listed as the general contractor.
Exterior work is in progress on a five-story building at 47-09 5th Street in the Hunters Point section of Long Island City, a block and a half away from the East River waterfront. In a typical development for Long Island City, an aging commercial property is being replaced with residences anchored by retail. In an unusual move, the developer, Studio Square per the DOB, opted to add three floors on top of the existing building rather than demolishing and starting anew. The eight residences would occupy 11,075 square feet, giving an average of 1,384 square feet per unit.
Six of the seven subway lines that connect Queens to Manhattan converge at the foot of the Queensboro Bridge, where Queens Plaza meets Queens Boulevard, Northern Boulevard, and Jackson Avenue. There, the elevated Queensboro Plaza station handles the N, Q, and 7 trains, while the E, M, and R serve the underground Queens Plaza stop. The two stations face increasing pressure from steady growth in both Long Island City and the borough as a whole, as well as the impending overflow of Brooklyn commuters displaced by the L train shutdown. The need for a transfer connection between them has become more pressing than ever.
In YIMBY’s recent rundown of Long Island City development, we tallied seventeen structures of eight stories and above that have topped-out in the Court Square area within the past twelve months. It appears that The Jackson, which is taking shape at 11-51 47th Avenue, will be the next to join the list. The structure doubled in size between August 15th and the start of October, growing from five to ten floors, so we expect to see the remaining penthouse floor and the service bulkhead rise in the coming weeks. The 53-unit condo project is being developed by Charney Construction and Development, in conjunction with Ascent Development and Tavros Capital, while the industrial-inspired design was crafted by Chris Fogarty of Fogarty Finger.
Last September, we gave our readers a definitive introduction to the city’s latest urban core, which was then just beginning its skyward ascent. Over the past year, we released dozens of updates regarding the myriad of projects coming to Long Island City, particularly those rising along the streets of the Court Square district. Today YIMBY revisits the growing community, looking at the progress that has been made over the past year, as well as what lies in store in the near future.
