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CurbedWire: LIC Breaking the Bank, Extell's Two New Towers

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LONG ISLAND CITY?A shade under two mil in LIC? It happened, writes a tipster: "Everybody makes such a big deal about the Arris. A few weeks ago, an apartment (OK the penthouse) in former Development Du Jour The Badge Building (right) quietly closed for $1,925,000. It closed, it's on record. Just sayin." Indeed. Mercy. [CurbedWire Inbox]

UPPER WEST SIDE?Extell's Riverside South development just keeps on growing! Already home to the Avery and the Rushmore, Riverside South will soon be graced with two new towers on West 62nd Street and West 63rd Street. The announcement came in a press release regarding Extell's securing of a $613 million construction loan for the project, the largest construction loan in the U.S. this year (what credit crunch?). There will be a 38-story condo/rental tower, and a 23-story rental building. Completion is expected in 2010. It had been previously reported that the condo one would be called The Aldyn. [CurbedWire Inbox]

The Rushmore Condominium

80 riverside boulevard, new york, ny 10069-0318