TF Cornerstone

Long Island City

Previous rendering of Anable Basin, courtesy of WXY architecture + urban design

Soon after Amazon canceled plans to build a new headquarters in Long Island City, the city began reviving earlier plans to bring a mix of residential and industrial spaces to the neighborhood. Developers and city officials are still in talks over how the 28-acre site—which includes land owned by both the city and plastics company Plaxall—will be used. As Politico recently reported, the vision is starting to come into sharper focus with property owners now engaging the neighborhood and community board to help determine the future of the waterfront site.

Here’s what we know so far

Brooklyn, Construction Update, Major Developments

pacific park, brooklyn development, pacific park brooklyn

Rendering courtesy of Greenland Forest City Partners

Long in the works, construction at the Pacific Park complex in Brooklyn is set to ramp up after Greenland Forest City Partners announced a partnership with the Brodsky Organization to develop 18 Sixth Avenue. Designed by Perkins Eastman, the building will exceed 500 feet and become the tallest in Pacific Park. As 6sqft previously reported, Brodsky was also tapped for another apartment building in the complex at 664 Pacific Street, which will also include public space and a school. Groundbreaking at both sites is set to take place within the next two weeks.

More info

affordable housing, Construction Update, Long Island City, New Developments, Rentals

New rendering by ODA Architects for TF Cornerstone

Developer TF Cornerstone officially broke ground Friday on its mixed-use, affordable housing development in Long Island City, a plan that began nearly six years prior. The project, which consists of 1,194 new apartments across two buildings on Center Boulevard, falls under the city’s redevelopment of Hunter’s Point South, a proposal with the goal of bringing 5,000 units of new housing to the area first backed by former Mayor Michael Bloomberg. In addition to the residences, the project includes construction of a community center, local retail, a new public park designed by Mathews Nielsen Landscape Architects, and a K-8 school. A pair of new renderings highlights the open space planned between the new towers.

Get the details

Midtown East, New Developments

Grand Hyatt, midtown east rezoning, TF cornerstone, midtown east, donald trump, grand hyatt, new developments, grand central terminal,

Image: Jennifer Rotner via Flickr.

Developer TF Cornerstone and investment firm MSD Partners have announced plans to purchase and tear down the Grand Hyatt building adjacent to Grand Central Terminal, the Wall Street Journal reports. The hotel brand will eventually return to the site in a form different from the smoked glass-clad building that was Donald Trump’s first major Manhattan development. In its place will rise a mixed-use project that includes 2 million square feet of high-octane office space. The planned development is one of four new towers in the works as a result of a 2017 Midtown East rezoning aimed at encouraging new office buildings as well as infrastructure improvements in the east side business district.

The times they are a-changin’ in East Midtown

Long Island City, New Developments, Policy

Rendering courtesy of WXY architecture + urban design

With Amazon nearing a deal to make Long Island City home to its second headquarters, a big question remains: Where in the Queens neighborhood will the tech-giant house its 25,000 employees? One possible location sits within a waterfront area known as Anable Basin, named for a 150-year-old inlet, sources familiar with the plan told Politico New York. As 6sqft reported last November, the family-owned plastics company Plaxall, who owns the site, proposed a massive rezoning of the area that would allow for 335,000 square feet for industrial spaces, nearly 5,000 housing units, and a new public school.

More here

Brooklyn, Construction Update, Major Developments

pacific park, brooklyn development, pacific park brooklyn

A new rendering of B4, the development’s tallest tower planned

The development of Pacific Park, a 22-acre mixed-use complex near the Barclays Center, has entered its next phase Greenland Forest City Partners announced Wednesday. The developer is bringing on TF Cornerstone and the Brodsky Organization as development partners for the project. The duo will develop three parcels at the site, which include three rental buildings, a new public school, and new open space. Greenland also announced construction is set to begin in the spring for the park’s tallest tower, a more than 500-foot tall tower designed by Perkins Eastman.

More details here

affordable housing, Landscape Architecture, Long Island City, New Developments, Policy, Urban Design

TF cornerstone, 44th Drive, Anable Basin, LIC, Long Island City

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.

Find out more

affordable housing, housing lotteries, hudson yards, Midtown West

Adding to yesterday’s announcement of the waitlist launch for affordable apartments at TF Cornerstone’s 455 West 37th Street, a waiting list is now open for 840 more units in the Hudson Yards/Midtown West development just across the avenue at 505 West 37th Street. Similarly, the affordable units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Residents can enjoy amenities like a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).

Find out whether you qualify

affordable housing, housing lotteries, hudson yards, Midtown West

455 West 37th Street, housing lottery, affordable housing

The lottery is now open for a waitlist for affordable rental apartments at TF Cornerstone’s 455 West 37th Street in the Hudson Yards district in West Midtown. The units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Amenities at the 23-story building include a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).

Find out whether you qualify

affordable housing, housing lotteries, Major Developments, Midtown West

The lottery for TF Cornerstone’s massive building at 606 West 57th Street officially launched on Tuesday, offering 258 mixed-income rentals in the brand new 42-story tower. Designed by Arquitectonica, the rental, dubbed 606W57, boasts a unique, boxy design and will hold over 1,000 apartments. It sits near other West Side architectural standouts like the pyramid-shaped, Bjarke Ingels-designed Via57 West, as well as the Helena. Qualifying New Yorkers earning 40, 60 and 120 percent of the area median income can apply for units ranging from a $613/month studio to a $2,902/month three-bedroom.

Find out if you qualify

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