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Group 18 

Paragon

Project Progress

LIC Luxury Condominium

Nov 2025

Overall Progress: The project is currently 36% complete. Work is proceeding in an organized manner with no critical path delays, maintaining alignment with the scheduled timeline.

Structural & Supporting Work: Structural concrete has been poured up to the 18th floor, and the construction elevator has been installed to the 15th floor. Sidewalk sheds and site fencing are fully in place, with all necessary safety measures operational.

Interior & Exterior Advancement: Interior framing has reached the 10th floor, while exterior framing and sheathing are complete up to the 4th floor. Window installation has commenced. Main and branch lines for the fire sprinkler system have been installed up to the 6th floor.

 

MEP Systems Implementation: HVAC and plumbing systems are being installed concurrently. Electrical work includes temporary lighting up to the 9th floor and power distribution installation up to the 7th floor, steadily establishing the core system framework.

Aug 2024

  • Project A is expected to commence excavation in September 2024.

  • Expected completion in December 2026, with TCO obtain in January 2027.

LIC Luxury Rental Apartments

Nov 2025

The project is progressing smoothly overall and is currently in the stage of awaiting the issuance of the Temporary Certificate of Occupancy (TCO).

Aug 2024

  • Project B is currently in their final stages of superstructure, and expected to top out in the next few months.

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Get in touch
28-07 Jackson Ave, 8th Floor
Long Island City NY 11101


 
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No offer to sell any security is made by this website. The information on this web site is not an offer to sell or solicitation of an offer to buy an interest in any investment or for the provision of any investment management or advisory services. Any such offer or solicitation will be pursuant to exemptions from registration requirements set out in applicable securities laws and made only by means of delivery of a confidential private offering memorandum relating to a particular investment to qualified investors in those jurisdictions where permitted by law.

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