If you ever doubted the massive amount of demand in the Long Island City real estate market, this will put an end to that. The three-unit, luxury boutique condo FIVE Forty One, located at 5-41 47the Road, is almost sold out. Unit 2A and 2B only lasted one day on the market and sold at full ask. No. 2A, a three bed/three bath with 1,616 square feet and a 472-square-foot outdoor space, was asking $1,770,000. No. 2B, a three-bedroom, 1,596-square-foot triplex, asked $1,800,000. (2B includes an outdoor space as well.) We hear that upon launching in August, there was quite a bit of demand, as well as curious locals.
Yesterday, the final unit of the development hit the market. It’s No. 1A, a 2,040-square-foot three bedroom with 1,100 square feet of outdoor space. (The listing’s right here.) The price tag is a big one: $2,500,000. Can’t wait to see if it also sells at ask…
Earlier today, local pols (that’s Council Member Van Bramer pictured above) joined Planned Parenthood of New York City to break ground on the organization’s first health care facility in the borough. The $9,000,000 facility is expected to serve nearly 18,000 additional patients every year. Up until now, Planned Parenthood operated facilities in every borough but Queens, which has the highest rate of uninsured women and girls of all five boroughs. And nearly 5,400 of the organization’s 50,000 NYC patients currently live here, according to this New York Times article.
The new location is located at 21-41 45th Road, right in the heart of Court Square. It should open sometime next year. Once open, the facility will offer contraception, breast cancer screenings and educational programs, with plans to team up with the Queens Public Library and other community organizations.
Today, according to the Daily News, the city kicks off the lottery for affordable units at Hunters Point South. Nearly 50,000 NYC residents are expected to enter the lottery for 924 apartments. Applications can be submitted through the NYC Housing Connect website. The Hunters Point South website is also filled with lots of goodies, including rental prices, application instructions and a mailing list. (Thanks to We Heart Astoria for directing us there.) As you can see above, apartments are designated for both low and moderate income households. Prices under the moderate income bracket range from $1,561 to $4,346 for a studio to three bedroom; prices under the low income bracket range from $494 to $959. As We Heart Astoria says, “We have to say — the numbers in the moderate income table seem kind of high.” We agree, although those prices are significantly lower than the median price for an LIC studio this September, at $2,293.
We couldn’t find the actual income restrictions — for affordable NYC housing, you need to make a certain amount of money to be considered for certain types of apartments, and usually the bracket is quite limited. Community Board Two residents (Sunnyside, Woodside and LIC) will be given priority over other applicants on 50 percent of these units. Applicants have 60 days to submit applications; they will know if they’ve been picked for an affordable unit by early next year. UPDATE: See all the income restrictions broken down after the jump.
After launching this spring, the 14-story, 197-unit rental at 45-50 Pearson Street — also known as Pearson Court Square — is totally spoken for. The final rental prices are high: studios went for $2,600 a month, one bedrooms for $4,300 and a two-bedroom penthouse rented at $5,800. As brokerage firm Douglas Elliman said in a press releases, “These impressive numbers set new benchmarks for the market.” Here’s more from Cliff Finn, Executive Vice President of Douglas Elliman Development Marketing: “The short amount of time it took to complete leasing for the residences at The Pearson is indicative of the strength of the market in Long Island City. Additionally, the success can be attributed to the unique offering of a boutique residential development that sets it apart from the many larger residential developments in the area which may not offer the same intimate style of living.”
The apartments are decked out with wide plank oak flooring, double-pane windows and washer/dryer units. Some units came with private terraces. (Check out interior photos here.) The amenities package is impressive, with a 24-hour attended lobby, a roof deck with lounges and barbecue grills, landscaped terraces, a gym, yoga studio, outdoor basketball court, bicycle storage, indoor parking and on-site rental cars. The Pearson Court Square developers even installed three massive wind turbines on the building’s roof.
About two months ago, The Secret Theatre had to launch an Indiegogo campaign to defray unforeseen NYC Department of Buildings fines and pay for required building upgrades. Well, the Long Island City-based arts organization exceeded its $10,000 fundraising goal, and it’s currently presenting more of its characteristically unique programming, including a camp, a short play competition, and a dance festival. More info on the jump page.
Jeremiah’s Vanishing New York took a visit to 5Pointz, where the demolition of the rear section is now complete. Work began on that portion this August. The actual warehouse, which is of course whitewashed, looks totally gutted but it’s still standing. Developer Jerry Wolkoff said that he expects the whole complex to be demolished by this month. He previously stated, “Once demolition starts we will continue all the way through to 2016… until the job is complete.” The warehouse will be replaced by two 47- and 41-story towers, with a total of 1,000 apartment units.
Nondescript. That’s how you’d describe the structure found at the northern side of 47th Avenue, between 27th and 28th Streets, in Long Island City. You’d probably mention the fading paint of an advertisement for some sort of beer found on the facade, to distinguish it.
The modern day street address for this 1934 structure is found on the 28th Street side (46-24 28th Street), but mail sent to the offices of “E. J. Burke, Ltd., of New York, Dublin, London and Liverpool” was delivered to a long vanished secondary structure at 47-24 27th Street which was constructed around 1923. The company that resided here, a family business of sorts, built out the entire block from Skillman to 47th Avenue, and from 27th to 28th, after relocating from their digs on West 46th over in Manhattan.
At either address, you could count on the stout flowing. This was the official Guinness brewery in America, after all.
Bike lanes along the Pulaski Bridge, proposed by the Department of Transportation for some time now, are desperately needed. That’s why it’s a total disappointment that the DOT probably won’t build the lanes out until next year — the goal was to wrap construction in 2014. Streetsblog reports that the DOT is still in the planning process of converting a traffic lane on the bridge to a two-way protected bike path. A spokesperson for Assembly Member Joe Lentol stated, “The final bid from the contractor is under review by the Comptroller’s office. By the beginning of November, DOT will begin internal pre-construction meetings. By the time that process is done they will be headed toward winter and the holiday [construction] embargo. Does not look like work is going to begin this calendar year.”
The DOT will announce its new construction schedule after securing a contractor, and more information could emerge by the end of this month. Meanwhile, bikers and pedestrians will fight for scraps along the bridge’s narrow walkway that currently serves both travelers.
Over the weekend, the SculptureCenter celebrated its brand new addition: a 2,000-square-foot, one-story entrance lobby with a bookshop, seating area and restrooms; 6,500 square feet of flexible interior exhibition space; an elevator and stairway to the lower level galleries; and a 1,500-square-foot, enclosed courtyard for outdoor exhibitions and events. In honor of the opening, Council Member Jimmy Van Bramer officially renamed the block the museum is located on — Purves Street — as Sculpture Street. (Of course, we know it as the craziest block of development in Queens.) Council Member Van Bramer helped fund the $4,000,000 expansion project.
Pictured above, that’s the Council Member with Department of Design and Construction Commissioner Feniosky Peña-Mora, Department of Cultural Affairs Commissioner Tom Finkelpearl, Mary Ceruti, the Executive Director of SculptureCenter, her daughter and Ruba Katrib, the curator of the upcoming exhibit “Puddle, pothole, portal.”