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{{short description|Residential building under construction in Queens, New York City}}
{{short description|Residential skyscraper under construction in Queens, New York}}
{{Infobox building
{{Infobox building
|name = Queens Plaza Park
|name = Queens Plaza Park
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|image_size =
|image_size =
|caption =
|caption =
|location = 29-37 41st Avenue<br>Queens, New York City
|location = 29-37 41st Avenue<br>[[Long Island City]], NY 11101
|coordinates =
|coordinates =
|start_date =
|start_date =
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|references =
|references =
}}
}}
'''Queens Plaza Park''' is a residential building under construction in Queens.<ref name="CTBUH Queens Plaza Park">{{cite web|url=http://www.skyscrapercenter.com/building/queens-plaza-park/30457|title=Queens Plaza Park|accessdate=July 11, 2019|work=The Skyscraper Center|publisher=[[Council on Tall Buildings and Urban Habitat|CTBUH]]|deadurl=no|archiveurl=https://web.archive.org/web/20190202012241/http://www.skyscrapercenter.com/building/queens-plaza-park/30457|archivedate=February 2, 2019|df= }}</ref><ref name="TRD">{{cite news|url=https://therealdeal.com/2018/04/05/dursts-lic-clock-resi-tower-gets-new-look/ |title=Durst’s LIC Clock resi tower gets new look|work=The Real Deal|date=April 5, 2018}}</ref> The building will supersede [[One Court Square]] as the [[tallest building in Queens]] until the completion of [[Skyline Tower (New York City)|Skyline Tower]], as well as one of the tallest buildings in New York City outside of Manhattan. The building is one of many planned in Queens Plaza due to a 2001 rezoning.<ref>{{cite web|url=https://www.nytimes.com/2015/07/12/realestate/queens-plaza-a-neighborhood-under-construction.html?_r=0|title=Queens Plaza, a Neighborhood Under Construction|last=Konrad|first=Walecia|date=18 July 2015|publisher=The New York Times|accessdate=19 August 2015}}</ref> When complete, the development will incorporate the landmarked Bank of Manhattan Company building built in 1927.
'''Queens Plaza Park''' is a residential building under construction in [[Long Island City]], [[Queens]], [[New York City]].<ref name="CTBUH Queens Plaza Park">{{cite web|url=http://www.skyscrapercenter.com/building/queens-plaza-park/30457|title=Queens Plaza Park|accessdate=July 11, 2019|work=The Skyscraper Center|publisher=[[Council on Tall Buildings and Urban Habitat|CTBUH]]|deadurl=no|archiveurl=https://web.archive.org/web/20190202012241/http://www.skyscrapercenter.com/building/queens-plaza-park/30457|archivedate=February 2, 2019|df= }}</ref><ref name="TRD">{{cite news|url=https://therealdeal.com/2018/04/05/dursts-lic-clock-resi-tower-gets-new-look/ |title=Durst’s LIC Clock resi tower gets new look|work=The Real Deal|date=April 5, 2018}}</ref> The building will supersede [[One Court Square]] as the [[tallest building in Queens]] until the completion of [[Skyline Tower (New York City)|Skyline Tower]], as well as one of the [[tallest buildings in New York City]] outside of [[Manhattan]]. The building is one of many planned in Queens Plaza due to a 2001 rezoning.<ref>{{cite web|url=https://www.nytimes.com/2015/07/12/realestate/queens-plaza-a-neighborhood-under-construction.html?_r=0|title=Queens Plaza, a Neighborhood Under Construction|last=Konrad|first=Walecia|date=July 18, 2015|publisher=The New York Times|accessdate=August 19, 2015}}</ref> When complete, the development will incorporate the landmarked Bank of Manhattan Company building built in 1927.


==Description==
==Description==
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==History==
==History==
The site was originally supposed to hold a 16-story hotel, but economic downturn caused the developers to enter bankruptcy. Steve Cheung then purchased the location for $8.3 million, intending to build a 30-story condominium tower. Cheung then sold the plot for $46.3 million to Hakim and PMG.<ref name=6sqft>{{cite web|url=http://www.6sqft.com/revealed-new-renderings-of-pmgs-queens-plaza-park-the-future-tallest-tower-outside-manhattan/|title=REVEALED: New Renderings of PMG’s Queens Plaza Park, the Future Tallest Tower Outside Manhattan|date=17 August 2015|publisher=6sqft|accessdate=19 August 2015}}</ref> The new building might have been the first supertall skyscraper in New York City outside Manhattan.<ref name=therealdeal>{{cite web|url=http://therealdeal.com/blog/2015/08/18/take-a-look-at-queens-plaza-park-the-tallest-nyc-building-outside-manhattan/|title=A look at Queens Plaza Park, soon to be the tallest NYC building outside Manhattan |last=Mashayekhi|first=Rey|date=18 August 2015|publisher=The Real Deal|accessdate=19 August 2015}}</ref> <ref name=nypost/> The building would have been residential, split between rentals and condos. It would have spanned {{convert|900,000|sqft|m2}} and contain 800 units.<ref name=nypost>{{cite web|url=https://nypost.com/2015/08/18/tallest-tower-in-nyc-outside-of-manhattan-to-go-up-in-queens/|title=Tallest tower in NYC outside of Manhattan to go up in Queens|last=Gould Keil|first=Jennifer|date=18 August 2015|publisher=The New York Post|accessdate=19 August 2015}}</ref>
The site was originally supposed to hold a 16-story hotel, but economic downturn caused the developers to enter bankruptcy. Steve Cheung then purchased the location for $8.3 million, intending to build a 30-story condominium tower. Cheung then sold the plot for $46.3 million to Hakim and PMG.<ref name=6sqft>{{cite web|url=http://www.6sqft.com/revealed-new-renderings-of-pmgs-queens-plaza-park-the-future-tallest-tower-outside-manhattan/|title=REVEALED: New Renderings of PMG’s Queens Plaza Park, the Future Tallest Tower Outside Manhattan|date=August 17, 2015|publisher=6sqft|accessdate=August 19, 2015}}</ref> The new building might have been the first supertall skyscraper in New York City outside Manhattan.<ref name=therealdeal>{{cite web|url=http://therealdeal.com/blog/2015/08/18/take-a-look-at-queens-plaza-park-the-tallest-nyc-building-outside-manhattan/|title=A look at Queens Plaza Park, soon to be the tallest NYC building outside Manhattan |last=Mashayekhi|first=Rey|date=August 18, 2015|publisher=The Real Deal|accessdate=August 19, 2015}}</ref> <ref name=nypost/> The building would have been residential, split between rentals and condos. It would have spanned {{convert|900,000|sqft|m2}} and contain 800 units.<ref name=nypost>{{cite web|url=https://nypost.com/2015/08/18/tallest-tower-in-nyc-outside-of-manhattan-to-go-up-in-queens/|title=Tallest tower in NYC outside of Manhattan to go up in Queens|last=Gould Keil|first=Jennifer|date=August 18, 2015|publisher=The New York Post|accessdate=August 19, 2015}}</ref>


In 2016, the [[Durst Organization]] purchased the site for $175 million from PMG with intentions to develop a residential tower.<ref name="TRD" /> The building's foundations were completed in December 2018.<ref name="NYY 2" /> Later the same month, the development received a $360 million construction loan from [[M&T Bank]].<ref>{{cite news|url=https://commercialobserver.com/2018/12/durst-queens-plaza-park-construction-loan/|title=Durst Lands $360M Construction Financing for Queens Plaza Park|work=Commercial Observer|date=December 21, 2018|last=Grossman|first=Matt}}</ref>
In 2016, the [[Durst Organization]] purchased the site for $175 million from PMG with intentions to develop a residential tower.<ref name="TRD" /> The building's foundations were completed in December 2018.<ref name="NYY 2" /> Later the same month, the development received a $360 million construction loan from [[M&T Bank]].<ref>{{cite news|url=https://commercialobserver.com/2018/12/durst-queens-plaza-park-construction-loan/|title=Durst Lands $360M Construction Financing for Queens Plaza Park|work=Commercial Observer|date=December 21, 2018|last=Grossman|first=Matt}}</ref>

Revision as of 19:37, 16 August 2019

Queens Plaza Park
Map
General information
StatusUnder construction
TypeResidential
Location29-37 41st Avenue
Long Island City, NY 11101
Estimated completion2021
Height
Roof755 ft (230 m)
Technical details
Floor count67
Floor area978,000 square feet (90,900 m2)
Design and construction
Architect(s)Handel Architects
DeveloperDurst Organization

Queens Plaza Park is a residential building under construction in Long Island City, Queens, New York City.[1][2] The building will supersede One Court Square as the tallest building in Queens until the completion of Skyline Tower, as well as one of the tallest buildings in New York City outside of Manhattan. The building is one of many planned in Queens Plaza due to a 2001 rezoning.[3] When complete, the development will incorporate the landmarked Bank of Manhattan Company building built in 1927.

Description

The new development will consist of a 710 feet (220 m) tall tower containing 958 rental apartments, 300 of which will be affordable.[4][5] Amenities will include an outdoor pool, a 20,000 square feet (1,900 m2) gym, a private library, co-working space, a children’s playroom and a demonstration kitchen. Adjacent to the tower, a 0.5 acres (2,000 m2) public park will sit at the base of the building.[5]

The tower will be the second tallest building in Queens after Court Square City View Tower upon completion in 2021. The interior of the residences will be designed by Selldorf Architects. The building's concave exterior design by Handel Architects has drawn comparisons to London's 20 Fenchurch Street.[4]

History

The site was originally supposed to hold a 16-story hotel, but economic downturn caused the developers to enter bankruptcy. Steve Cheung then purchased the location for $8.3 million, intending to build a 30-story condominium tower. Cheung then sold the plot for $46.3 million to Hakim and PMG.[6] The new building might have been the first supertall skyscraper in New York City outside Manhattan.[7] [8] The building would have been residential, split between rentals and condos. It would have spanned 900,000 square feet (84,000 m2) and contain 800 units.[8]

In 2016, the Durst Organization purchased the site for $175 million from PMG with intentions to develop a residential tower.[2] The building's foundations were completed in December 2018.[5] Later the same month, the development received a $360 million construction loan from M&T Bank.[9]

See also

References

  1. ^ "Queens Plaza Park". The Skyscraper Center. CTBUH. Archived from the original on February 2, 2019. Retrieved July 11, 2019. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  2. ^ a b "Durst's LIC Clock resi tower gets new look". The Real Deal. April 5, 2018.
  3. ^ Konrad, Walecia (July 18, 2015). "Queens Plaza, a Neighborhood Under Construction". The New York Times. Retrieved August 19, 2015.
  4. ^ a b Nelson, Andrew (April 5, 2018). "New Design Revealed For Durst's Queens Plaza Park Tower, Borough's Future Tallest Skyscraper". New York Yimby.
  5. ^ a b c Young, Michael (December 5, 2018). "Second Round Of Long Island City's Skyscraper Boom Gets Underway As Durst's 67-Story Queens Plaza Park Begins Rising At 27-29 Queens Plaza North". New York Yimby.
  6. ^ "REVEALED: New Renderings of PMG's Queens Plaza Park, the Future Tallest Tower Outside Manhattan". 6sqft. August 17, 2015. Retrieved August 19, 2015.
  7. ^ Mashayekhi, Rey (August 18, 2015). "A look at Queens Plaza Park, soon to be the tallest NYC building outside Manhattan". The Real Deal. Retrieved August 19, 2015.
  8. ^ a b Gould Keil, Jennifer (August 18, 2015). "Tallest tower in NYC outside of Manhattan to go up in Queens". The New York Post. Retrieved August 19, 2015.
  9. ^ Grossman, Matt (December 21, 2018). "Durst Lands $360M Construction Financing for Queens Plaza Park". Commercial Observer.

External Links

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