Despite its name, the 10-story condo development at the corner of Crescent Street and 43rd Avenue called Factory House isn't a conversion. It's yet another new residential building in a neighborhood that's quickly losing the industrial character this particular development takes its name from. Situated directly across from the new rental building Linc LIC, Factory House will bring 37 one- to four-bedroom apartments to the new development-heavy intersection. "We're targeting families who are outgrowing their one- or two-bedroom homes," a principal at development firm Rising Developers Group told TRD in 2013. Although sales in the building have yet to launch, the building's new website, first pointed to by BBH, suggests that it won't be long before the listings show up and try to woo even more growing families to Long Island City.
The building was also designed by Rising Developers Group and will be topped by four three- and four-bedroom penthouses with private rooftop space. The design of the apartments focuses on "[b]ringing an industrial feel into inviting living spaces" with brick walls, "rustic" wood floors, and large windows (basically, the new building's trying to recreate the feeling of a converted former factory.) Apartments will range from 626 square feet to 2,102 square feet. Although only some apartments will have balconies, all will have in-unit washers and dryers.
Building amenities will include an attended lobby, a library lounge, an outdoor landscaped terrace, gym, children's playroom, bike storage, and 12 parking spots. The building is expected to be complete later this year.
· 42-60 Crescent Street [BBH]
· Factory House [official]