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Long Island City's Giant 421-Unit Tower Gets Jazzy Terraces

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Another glassy tower is coming to Long Island City, it seems, but this time with red terraces to differentiate it from pretty much every other new construction going up in the booming 'hood. New York YIMBY's Nikolai Fedak reports that an updated set of renderings have been revealed for the newest building bringing 421 apartments to an undeveloped stretch of land at Queens Plaza North and 24th Street in Long Island City. The 21-story building is designed by architect Perkins Eastman, also behind the controversial Flushing Commons. The long-stalled project is backed by developer World-Wide Group, who became the development's third owner after they purchased it in March 2012 for $28.85 million. The new development will bring 8,707 square feet of commercial space to the still largely industrial Queensboro Plaza region, with 310,227 square feet of residential space.

The building isn't short on proposed amenities, which includes a tenth-floor pool as well as 27 parking spaces for cars, 213 parking spaces for bicycles, and a first-floor exercise room. The building will also host the requisite tenants lounge, game room, and rooftop terrace. Curbed earlier reported that units will range from studios to three-bedrooms. Pricing for the units has not been revealed, although the director of development for World-Wide Group told Crain's the units will be priced "to where the market is." The building, which broke ground in September, is expected to be completed in 2015.
· Revealed: 41-42 24th Street [YIMBY]
· 421-unit apartment tower rises in LIC [Crain's]
· 21-Story Rental Tower Breaks Ground in LIC [Curbed]