While all of Long Island City seems to be undergoing development, one block in particular, Purves Street, remains the neighborhood’s most concentrated construction hub. Applications open Monday for 34 affordable units in one of these new builds, Watermark LIC (formerly Watermark Court Square) located at 27-19 44th Drive and 44-16 Purves Street. The 27-story building designed by Handel Architects offers 168 apartments and has 2,500 square feet of retail space. New Yorkers earning 60 percent of the area median income can apply for the below-market rate apartments that range from $908/month studios to $1,176/month two-bedrooms.
Yesterday, 6sqft discussed how Long Island City‘s Purves Street is a hotbed of construction activity with no less than four residential towers underway along the 500-foot, one-block stretch. On a site situated between Thomson Avenue (where the pioneer condo Arris Lofts rises) and Court Square, Twining Properties has begun excavation work for a 27-story, 168-unit rental tower at 44-14 Purves Street.
According to the developer’s project page, the rental tower will be known as Watermark Court Square and is to offer “efficient apartment layouts designed for mobile professionals.” The handsome albeit unremarkable design by Handel Architects is faced with grey brick and large windows. According to Department of Buildings filings, the ground-up, 302-foot-tall tower will rise along 44th Drive, while a two-story existing building will be rehabilitated along Purves.
Image via LICtalk.com
Long Island City‘s most recognizable tenant is about to sell a prime piece of property in the heart of the neighborhood. According to the New York Times, the financial giant is putting up a one-acre development site, bound by 44th Road, 23rd Street and 44th Drive in Court Square, and it could fetch up to $150 million. Court Square’s proximity to Manhattan and plentiful transit has made the enclave one of Queens’ most sought-after areas for residential development. Mayor de Blasio is all for the sale and has plans of his own to rezone LIC to spur even more construction.
Just north of Long Island City‘s Court Square and its once lonely Citigroup Building, the Long Island-based Lions Group will erect a complementary pair of residential towers fronting opposite sides of Jackson Avenue. Sensibly dubbed Jackson East (26-32 Jackson Avenue) and Jackson West (27-01 Jackson Avenue), the project is just one of the more than two dozen high-rise developments underway in LIC’s Court Square / Queens Plaza area.
While details remain scarce, renderings recently posted on the Lions Group’s website depict that the taller east tower will rise nearly 40 stories while the shorter west building will be about 30.