【NYC Real Estate】Construction Goes Vertical on 46-Story Long Island City Tower
- ARCFE U.S.
- 5 hours ago
- 2 min read
The skyline of Long Island City (LIC) is preparing for its next iconic addition as construction has officially moved above street level on the 46-story residential tower at 30-25 Queens Boulevard. Designed by the internationally acclaimed CetraRuddy Architecture and developed by Baron Property Group and LargaVista, the 525-foot skyscraper will deliver 561 high-quality residences to one of the most active transit hubs in New York City. The massive project, which spans roughly 511,000 square feet, marks a significant milestone in LIC's ongoing evolution into a premier mixed-income residential district.
The architectural design of the tower features a modern glass curtain wall accented by vertical copper-colored panels and checkerboard-style bronze-toned panels, creating a striking visual profile. The upper portion of the building culminates in a sloped crown, with sections of the façade incorporating subtle concave geometry. The building's base is strategically designed to activate the pedestrian environment with 21,000 square feet of retail frontage and direct access to transit. Located immediately west of the Sunnyside Yards rail corridor, the development replaces lower-intensity uses like an open-air parking lot and a gas station with a vibrant, high-density transit-oriented community.
Future residents will enjoy a comprehensive mix of 451 rental apartments and 110 premium condominium units, with layouts ranging from studios to spacious two-bedroom residences. Out of the 561 total units, 169 will be designated as affordable housing. The tower will boast an extensive 50,000-square-foot amenity package, including a basketball court, pickleball court, state-of-the-art fitness center, meditation studio, game room, coworking lounge, and a spectacular rooftop swimming pool positioned roughly 500 feet above street level.
Backed by a massive $388.5 million in construction financing from top-tier institutional lenders including Starwood Capital Group, Gotham Organization, and Blackstone Real Estate Debt Strategies, the project represents a powerful vote of confidence in LIC's long-term market fundamentals. HKS Real Estate Advisors and DIA Capital Group facilitated the financing. For EB-5 investors, this monumental project serves as clear proof that global institutional capital remains aggressively committed to Long Island City, securing its position as New York's most reliable and fastest-growing residential submarket.
Source: Traded.co
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