Tag Archives: LIC real estate

Construction starts on LIC luxury building featuring 25,000 square feet of amenities

| aaltamirano@queenscourier.com

Rendering courtesy of The Marino Organization Inc.

Soon there will be more luxury in LIC.

The World-Wide Group, a New York City based real estate development company, announced it has started construction on a brand new, $157 million, luxury multi-family development at the intersection of 24th Street and Queens Plaza North. The developer purchased the site last spring and the building is expected to start leasing in 18 months, with construction fully completed by 2015.

The building will be 21 stories and have 421 rental units ranging from studios to three-bedroom apartments. Residents will be offered 25,000 square feet of amenities featuring an outdoor pool with a landscaped roof deck, a state-of-the-art fitness center, private gardens, indoor parking and a bike room.

The development is also just blocks away from eight subway lines connecting the borough to Manhattan.

“We are excited to be contributing to the growth of one of New York City’s great neighborhoods, and look forwards to delivering this amenity-rich, high-end luxury rental development to the Long Island City market,” said David Lowenfeld, executive vice president at The World-Wide Group. “The building will offer our residents unsurpassed amenities and services with unmatched, convenient access to Manhattan and Cornell’s Tech Campus on Roosevelt Island.”