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Excelsior!
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Discussion Starter · #1 ·
TF Cornerstone has been extremely active in the neighborhood long before Amazon came knocking. In addition to this new acquisition, they will develop two nearby parcels for Hunters Point South Phase 2 and, yes, the Amazon HQ2 campus to the north at Anable Basin. :cheers:

Amazon’s LIC developers signed $300M deal to buy nearby site

The 326,000 square feet of land at 55-01 Second St. is bounded by 54th Avenue to the north and Vernon Boulevard to the east.
The pricing equates to $187.50 per buildable foot and the developer will have to demolish the current buildings and put in all the infrastructure such as sidewalks and sewers.
It is expected to support four, 400-feet-tall towers with more than 2,000 rental apartments. Under current City rules, about a third of them would be affordable.
 
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