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Old September 12th, 2005, 03:11 PM   #1
TowersNYC
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New York City : Long Island City, Queens, The re-birth of a neighborhood

New York City : Long Island City, Queens, The re-birth of a neighborhood

All photos taken september 11, 2005 by me....


finally, the citicorp tower gets another high-rise neighbor








a new 40- story tower under construction..next to City lights....








city lights tower...





the avalon tower...great residential sliver!!







the Pepsi -cola landmark sign moved to its permanent location........with new boardwalk being build....









Gantry, a 47-condo building




Gantry, a 47-condo building





views from the waterfront!

It's a JUNGLE out there !!












Local flavor!!
















7 train in and out of tunnel...








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Last edited by TowersNYC; October 26th, 2005 at 12:58 PM.
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Old September 12th, 2005, 05:07 PM   #2
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i'm always searching on your pics, of where you've put your name...


to the other peoples, look at the pictures how he's done that!
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Old September 12th, 2005, 05:33 PM   #3
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Great pictorial tour Carlos. Fantastic!!

BTW What is the tower under construction in the first 2 pics?
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Old September 12th, 2005, 05:51 PM   #4
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Great to see more high-rises outside Manhattan!
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Old September 12th, 2005, 06:35 PM   #5
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Nice to hear there are more towers proposed in Queens, Long Island. It's a nice neighbourhood which deserves some improvements. I like te metro in Queens, standing on the pilars above te streets, very special:
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Old September 12th, 2005, 10:28 PM   #6
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It's about time that LIC had built more skyscrapers to go with Citibank.
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Old September 13th, 2005, 02:02 AM   #7
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It's good to see some big developments in Queens,especially towers
I would like to see some renderings of the two towers under construction.Can you show us Carlos?
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Old September 13th, 2005, 04:11 AM   #8
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this one will look like this!






United Nations Federal Credit Union Building
43-35 24th Street
16 stories 241 feet
HLW International LLP
Dev-United Nations Federal Credit Union
Commercial Office
274,433 Sq. Ft.
Under Construction March 2005-December 2006



The city's largest credit union is percolating a plan to build a 200,000-square-foot office in Long Island City - which could jump-start stalled office development there.

The United Nations Federal Credit Union is zeroing in on a site for the office that's a block away from Citigroup's green glass tower on Jackson Avenue and 44th Drive, the lone skyscraper in the Queens industrial neighborhood.

The location under consideration, 43-35 24th St., is one of a half-dozen Long Island City and Astoria properties that belong to the former owners of Eagle Electric, who sold the company three years ago but held onto its real estate.

The credit union's plan would be good news for a 37-block area of Long Island City that was rezoned two years ago to allow high-rise, high-density construction and is a top development priority of the Bloomberg administration.


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Old September 13th, 2005, 04:14 AM   #9
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and this project will look like this...






this project will rise in phases.....


Silvercup West
42-20 Vernon Boulevard & 7-49 43rd Avenue
Richard Rogers/NBBJ
Dev-Terra Cotta, LLC (Stuart Match Suna and Alan Suna)
Mixed-Use
* Residential: approximately 1,044,000 gsf (1,040 dwelling units)
* Production Studios: approximately 347,000 gsf
* Office: approximately 655,000
* Retail: 77,000 gsf
* Catering Facility: approximately 45,000 gsf
* Cultural/Community Facility: approximately 131,000 gsf
* Health Club: approximately 43,000 gsf
* Parking: approximately 433,760 gsf (1,400 accessory spaces)
Proposed Late 2005-2009


Silvercup West I
42-20 Vernon Boulevard & 7-49 43rd Avenue
557 feet
Richard Rogers/NBBJ
Dev-Terra Cotta, LLC (Stuart Match Suna and Alan Suna)
Commercial
655,000 Sq. Ft.
Proposed Late 2005-2009


Silvercup West II
42-20 Vernon Boulevard & 7-49 43rd Avenue
600 feet
Richard Rogers/NBBJ
Dev-Terra Cotta, LLC (Stuart Match Suna and Alan Suna)
Residential
1,040 units 1,044,000 Sq. Ft. (TotalR esidential)
Proposed Late 2005-2009


Silvercup West III
42-20 Vernon Boulevard & 7-49 43rd Avenue
517 feet
Richard Rogers/NBBJ
Dev-Terra Cotta, LLC (Stuart Match Suna and Alan Suna)
Residential
1,040 units 1,044,000 Sq. Ft. (TotalR esidential)
Proposed Late 2005-2009
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Old September 13th, 2005, 07:01 AM   #10
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That tower isn't going to be 40 stories.....more like 30. Here's an article from today actually.......there are several 10+ story buildings going up away from the waterfront. From the Daily news....

http://www.nydailynews.com/09-12-200...p-294890c.html
Long Island City's hot nabe

Big change is coming to the grimy industrial neighborhood of Long Island City.
Among a warren of auto shops, small manufacturers and storage facilities, a dozen developers are building luxury condos with the same upscale amenities as new projects in Manhattan and increasingly pricey Brooklyn nabes.

Booming demand for housing has driven the builders to shop for development sites in a 37-block section of the Queens nabe that was rezoned in mid-2001 to allow residential and office development.

The Long Island City sites cost them less than land in places like Williamsburg - an industrial area that has successfully made the transition to hot residential area.

They expect Long Island City's proximity to midtown Manhattan - which is one or two subway stops away from most of the area - and breathtaking views of the Manhattan skyline from its waterfront sites to draw condo shoppers.

"We believe it's the up-and-coming neighborhood," said Shlomo Melkman, one of the developers of a new building called The Queens Plaza.

New buildings are springing up from sites where old structures are being demolished. And old industrial properties are being converted into lofts.

Some developments are on or near Jackson Ave. - a main artery where a Citigroup office tower stands like a beacon among low-rise buildings.

Others are on the East River waterfront, currently the home of two pioneering apartment towers - a co-op called City-lights, and a rental complex that belongs to real-estate investment trust AvalonBay Communities.

Word is that developers are planning to charge around $600 to $700 per square foot for their apartments.

That means 500-square-foot condos will cost at least $300,000, and 1,500-square-foot units as much as $1.05 million - substantial sums, but less expensive than Williamsburg condos, which go for $650 to $800 per square foot these days.

"Long Island City is going to become a very desirable residential area," predicted Hal Henenson of Prudential Douglas Elliman, who is working with several developers in the neighborhood.

PLENTY OF NEW PLACES TO LIVE

COMING SOON:


Sales will start this month at the Gantry, a 47-condo building whose foundations are being dug at 48-21 Fifth St.
The development is located on the waterfront, across the street from the parking garage of the Citylights co-op.

It will be six stories tall - and will have private rooftop cabanas.

Prudential Douglas Elliman's Hal Henenson is handling the sales campaign, at a nearby marketing office on Vernon Blvd.


Half a block from the street called Queens Plaza, a new 10-story red-brick building is topping out at 41-26 27th St. The building is called - you guessed it - The Queens Plaza.
It will have 66 condos - most with private terraces - and a doorman.

Pre-sales marketing will start this month, which will allow prospective buyers to see apartment designs and interior finishes, said broker Highlyann Krasnow of The Developers Group. Sales will begin early next year.

IN THE WORKS:


Demolition is under way at 45-56 Pearson St. - where developer Mark Junger plans a 20-story tower with 120 condos. It will have a swimming pool with a retractable dome and a running track.
The Daily News broke the story about this development last spring.

Marketing will begin early next year, and sales will start in the spring, Krasnow said.


Developer Ron Hershco is laying the foundations for 13-11 Jackson Ave., a 13-story building with 55 apartments.
The Developers Group will start marketing the units early next year, and sales are expected to start in the spring.


On the waterfront, an old Pennsylvania Railroad power plant at 50-09 Second St. is being gutted and four new floors added, to build 175 condos. Its four smokestacks have been removed.
Developer Cheskel Schwimmer is calling the development the Powerhouse. It will have a big fitness center, a kids' playroom and a screening room for Super Bowl parties and other festivities.

Elliman's Henenson will start marketing the property next spring.


At 41-17 Crescent St., developer Ari Chitrik plans a 17-story development called the Crescent Club - 119 condos with a lap pool and a putting green in a landscaped back yard.
Pre-sales marketing might start next spring, or else next fall, said Henenson.

The site's currently occupied by Ethnikos Kirix, a 90-year-old Greek-language daily newspaper.

The paper will move this fall to another Long Island City location, 37-10 30th St., editor and publisher Antonis Diamataris told Your Money.

ALSO ON THE DRAWING BOARD:


JCE Construction plans a new condo building at 5-03 50th Ave., on the waterfront.

At 46-44 11th St., floors will be added to a small building where badges were once manufactured, to make room for 44 apartments.

Floors will also be added to the red-brick building at nearby 10-63 Jackson Ave., to build 31 condos.

A new condo building is planned for 42-37 Crescent St., a development site that changed hands late last year.
SURPRISE - A RENTAL BUILDING:

Condo shoppers have been calling the office of Hentze-Dor Real Estate like crazy about the new seven-story red-brick building at 10-30 Jackson Ave., whose construction is almost completed. It's got a classic, old-fashioned look, with decorative carved lions' heads on the outside.

But its 24 apartments are not for sale. Prospective tenants can apply to rent them, starting next month.
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Old September 14th, 2005, 12:10 AM   #11
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Thanks for the renderings
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Old September 14th, 2005, 12:50 AM   #12
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Nice... very nice!
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Old September 15th, 2005, 09:41 PM   #13
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I should take some pictures of that!
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Old September 18th, 2005, 05:13 PM   #14
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I Love NY
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Old October 3rd, 2005, 02:58 AM   #15
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Sunday October 2, 2005








Gantry, a 47-condo building




BONUS

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Old October 3rd, 2005, 11:40 PM   #16
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These projects are comming up pretty fast.
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Old October 24th, 2005, 12:41 AM   #17
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sunday October 23, 2005

A cold and bright day in NYC....

United Nations Federal Credit Union Building







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Last edited by TowersNYC; October 26th, 2005 at 12:53 PM.
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Old October 25th, 2005, 09:20 PM   #18
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http://www.nypost.com/realestate/comm/30003.htm
CITI GETS A NEW LEASE

By STEVE CUOZZO
--------------------------------------------------------------------------------
October 25, 2005 -- Realty Check

CITIGROUP'S dizzying realignment of people and property went into overdrive this week with a just-inked lease signing for 300,000 square feet at SL Green's 485 Lexington Ave.

The news comes just days before the world's largest bank breaks ground on Court Square Two, a new 475,000 square-foot office tower in Long Island City.

The deal at 485 Lexington is Citigroup's second big Midtown expansion in a month, on the heels of the 250,000 square feet it gobbled up at 787 Seventh Ave. Citigroup has 25,400 employees in 9.3 million square feet in the city.

Both new leases and the new building are part of a reshuffling that will see some back-office jobs moved to Queens, New Jersey and Long Island, but more front-office jobs created in Manhattan — all adding up to what the bank said is a net growth of 600 jobs in the city. The 485 Lexington deal had kept brokers guessing for months.

As we reported a few weeks ago, Citigroup committed earlier in the year to a 500,000-foot chunk at 485 Lexington, but the lease remained in escrow pending the bank's board approval.

Upheaval at Citigroup — rattled by regulatory scandals and executive turmoil — put things on hold.

Sources said Green, eager to negotiate leases with other prospective tenants in the soon-to-be-vacant tower, pushed Citigroup "for some finality" last month.

A few days ago, Citigroup and Green agreed on an "amended" lease — smaller than first planned, but still one of the year's largest.

Paul Glickman, leader of a Cushman & Wakefield team that also included Tara Stacom and I. Mitti Liebersohn, represented SL Green.

"Green and Citi collectively decided to consumate the 300,000 feet now, leaving open the possibility for Citi to have a larger presence in the building," Glickman said.

He said a capital improvement plan at 485 Lexington will include new windows, storefronts, lobby and enough facade changes that will "make it look like a new building."

Publicly traded SL Green is expected to announce the Citigroup lease during an investor conference call today. Green bought the 920,000 square-foot tower from TIAA/CREF last year as part of package with adjoining 750 Third Ave.

The teachers fund will leave behind 1 million square feet in the two-building complex, now called Grand Central Square, at the end of the year, but will retain a presence via a just-signed lease for 85,000 feet at 750 Third.

Asking rents at 485 Lexington are $57-$60, according to online database Mrofficespace.com.

Citigroup was repped by Newmark's Neil Goldmacher, who could not immediately be reached.
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Old October 26th, 2005, 03:20 AM   #19
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Look at the UN building wasting space, they should tear it down and build a mega skyscraper!
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Old October 26th, 2005, 05:38 AM   #20
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Whoa!! That's amazing.
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