See the 1,100-unit Gotham Point towers coming to the Long Island City waterfront

Posted On Tue, September 14, 2021 By

Posted On Tue, September 14, 2021 By In Long Island City, Major Developments, New Developments

All renderings courtesy of VUW Studio

A massive development with over 1,000 units of housing is coming to Long Island City’s Hunter’s Point South neighborhood. Developed by the Gotham Organization and RiseBoro Community Partnership, Gotham Point includes two towers and a total of 1,132 residences, 75 percent of which are affordable. The project is part of a broader plan first announced in 2013 by former Mayor Michael Bloomberg to redevelop nine parcels of land in Hunter’s Point South and bring 5,000 new apartments to the neighborhood. As the first tower nears completion, 6sqft got an exclusive look at Gotham Point, the latest residential project to rise on the Queens waterfront.

Designed by Handel Architects, the apartments feature skyline and East River views, plank flooring, and top-of-the-line appliances. Accessible to residents in both towers, amenities include a rooftop terrace, sundecks, residents lounge, indoor-outdoor fitness center, co-working lounges, a playroom for kids, and an urban rooftop farm and boathouse that will be open to the public.

The shorter South Tower contains 443 apartments and will wrap up construction sometime late this year. The affordable housing lottery for the building is expected to launch next month. A 3,000-square-foot retail space for arts nonprofit Flux Factory’s fourth location, which will have an artists-in-residency program to support emerging artists, will also be found at the property.

Expected to be completed in 2022, the taller tower contains 689 units with an 11-story special purposed wing with 98 senior apartments, a below-grade parking garage, and small-format retail. The senior wing of the building has its own lobby space, library, community room, and outdoor terrace. RiseBoro will run special programming for seniors at the building.

The 847 rent-stabilized apartments will be available to individuals earning a maximum of between $25,080 and $137,940 annually and $35,790 and $196,845 annually for a household of four. The residents set aside for seniors will be available to individuals with incomes ranging from $15,806 and $85,920 annually.

“Gotham Point provides much-needed, rent-stabilized housing in New York City and we are excited to expand our Gotham Properties portfolio to the transformative waterfront neighborhood of Hunter’s Point South,” Bryan Kelly, president of development at Gotham Organization, said.

“The wide range of thoughtful amenities as well as meaningful partnerships with RiseBoro, Flux Factory and other organizations will no doubt enhance and meet the needs of this continually-growing and vibrant community.”

As 6sqft previously reported, a team made up of SHoP Architects, Phipps Houses, Related Companies, Monadnock Construction, and Ismael Leyva Architects designed two towers with 925 affordable units at Parcels A and B, completed during phase one of the project.

TF Cornerstone’s Parcel C project includes two high-rise towers that contain 1,194 new residences. The Gotham Organization project is on Parcels F and G.

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All renderings courtesy of VUW Studio

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Neighborhoods : Long Island City

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