, Wed, September 12, 2018
Image: TF Cornerstone
Developer TF Cornerstone has released new details about public open space slated to be part of the proposed project spanning over 1.5 million square feet at 44th Drive on city-owned land along the Long Island City waterfront, LICpost reports. Known as the Long Island City Innovation Center, the proposed massive city-led development, which will need zoning changes in order to move forward, includes office, retail, and manufacturing space and two high-rise residential towers with over 1,000 units, 25 percent of which would be affordable. The latest news concerns the acre of publicly accessible open space that is also part of the controversial development. According to TF Cornerstone, this open space will become a waterfront park with a focus on resiliency and sustainability.
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42-50 24th Street rendering via Dynamic Star
Long Island City has been fertile ground for new skyscrapers for over a decade–and the biggest additions are still yet to come. Despite concerns over an apartment glut, developers are racing to send 60- and 70- story towers skyward, including the Durst Organization’s Queens Plaza Park, United Construction’s Court Square City View Tower, and Stawksi Partners’ 43-30 24th Street. A newcomer to this party is a mixed-use tower from Dynamic-Hakim and Property Markets Group (PMG) set to rise at 42-50 24th Street, CityRealty reports.
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Not all of Long Island City’s new developments are gargantuan or fully encased in glass. One such anomaly is Ranger Properties’ recently opened rental building called the Baker House. Replacing a building that housed the Bakers Union Local 3, the development rises a modest nine floors within the human-scaled confines of the Dutch Kills section of the neighborhood, the 47,000 square-foot building was designed by Fogarty Finger Architects and boasts a tasteful exterior of red brick, metal and staggered floor to ceiling glass windows.
Inside are 48 light-bathed apartments ranging from studios to two-bedroom layouts. Remarkably, after debuting on the market just earlier this year, the leasing agents at Modern Spaces have all but one of the units accounted for. The sole remaining home is a 700 square-foot, one-bedrooms, one-bathroom on the eighth floor, priced at a net-effective rent of $2,529/month. All residences are outfitted with white oak hardwood floors, Carrara marble baths, and open kitchens with Pedini cabinets and Bosch appliances.
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Watch out Hudson Yards, Midtown is moving east to Queens. Long Island City is sprouting a small city worth of skyscrapers, ushering in thousands of new residents, hundreds of hotel rooms, and a few hundred thousand square feet of office space. To help us visualize the neighborhood’s upcoming transformation, the dynamos at Rockrose Development commissioned visualization experts Zum-3d to produce this exceptionally accurate depiction of the changes afoot. Inspired by the rendering, 6sqft has put together a rundown of the nearly 30 under-construction and proposed projects for the ‘hood.
See the full roster ahead