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Developers Ready to Duke it Out for Long Island City Megaproject

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Waterfront skyscrapers! Crazy park spaces and kayaks! An avant-garde public school! Such is the magic of Hunters Point South, the Bloomberg administration's vision of a middle-class utopia on the barren land at the southern tip of the Long Island City shore. The propaganda has been up at the site for a while, but when will see actual signs of progress, like a shovel striking dirt? First the city needs to recruit a developer, and some of the contestants are finally being revealed.

According to Crain's, both Douglaston Development and L+M Development Partners will respond to the city's request for proposals. The original deadline for bids on the 30-acre, 5,000-unit site (60% of the apartments will be for middle-income residents) was Sept. 7, but that was extended to the 17th to give developers a bit more time. AvalonBay is also expected to submit a proposal, so this is shaping up to be a clash of the titans. The city is hoping to choose one or more development teams by the beginning of next year, so Powerhouse condo buyers have plenty of time to worry about the fate of their views.
· Developers line up for shot at huge Queens project [Crain's]
· Hunters Point South coverage [Curbed]