Real Estate Weekly
Image default

Gotham breaks ground on new LIC rental

Brause Realty and Gotham Organization are co-developing a rental residential complex in Long Island City.

The development will include 270 market-rate rental units, approximately 2,600 s/f of retail at grade 26,300 s/f of amenities and 75 parking spaces.

This building has been designed with the latest in environmental technology, utilizing both solar and wind energy. This will be the first apartment building in Queens designed to a LEED Silver standard.

The project aims to offer all of the high-end amenities, services, and finishes of a state-of-the-art luxury building while maintaining a personal and exclusive environment.

Located at the nexus of Purves Street and Thomson Ave and bordered to the west by 44th  Drive, the site, at 44-28 Purves Street, is close to Court Square mass transit; local  restaurants, and nightlife.

Across Purves Street sits the Sculpture Center, an art institution and exhibition space dedicated to experimental and innovative contemporary sculpture works. The Sculpture Center displays exhibits by emerging and established local and international artists.

The project has also been accepted into the Brownfield Cleanup Program (“BCP”) and is currently in the process of cleaning up the site.   Finally, the project is expected to qualify for both LEED-certification and the New York State Energy Research and Development Authority New Construction Program

The project as designed by FXFOWLE is a 35-story tower on the eastern edge of the site along Purves Street, a courtyard with pool, and a 2-story amenity and retail building with roof deck along Thomson Ave and 44th Drive.

The building has been designed with Feng Shui elements to harmonize with the surrounding environment.

Related posts

Denholtz Properties Acquires 214-Unit, Luxury Community in Hudson County, N.J.


Pacific Urban Investors Expands Southern California Portfolio with Acquisition of La ScalaStrengthening Presence in Highly Desirable San Diego Submarket


KeyBank Secures $20.3 Million of Financing for Multifamily Housing Property in Anchorage, AK.