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TF Cornerstone begins leasing at newest Hunters Point South tower

TF Cornerstone (TFC) has launched leasing for its 209 market rate apartments at 5241 Center Blvd, the shorter of two new towers at the 1,194-unit second phase of Hunter’s Point South in the Long Island City waterfront.

5241 Center Blvd features 394 apartments. Leasing for the 185 affordable units in the tower began last fall.

The sibling North tower, located at 5203 Center Boulevard, is expected to commence for its 534 affordable and 266 market rate units in the summer.

The two properties will share amenities which include a multitude of terrace, roof, BBQ and sun decks, clubrooms, fitness centers, yoga studios, a lounge, children’s playroom, laundry facilities, bicycle storage, and TFC’s co-working space, HomeWork.  They are anchored by a new half-acre park designed by MNLA.

Rents start at $2,983 net. The developer is currently offering two months free rent and paying broker fees.

“Living on the Long Island City waterfront, surrounded by nature, while having the city that never sleeps only a train stop away, is a miracle of proximity and practicality. The breeze, the light, the trees, and the open space are rejuvenating in a way that we never fully recognized before the pandemic. 5241 Center Blvd and the Hunter’s Point South waterfront neighborhood is a tonic for every generation,” said Zoe Elghanayan, Principal and Senior Vice President at TF Cornerstone.

5241 Center Blvd and 5203 Center Blvd were designed by ODA along with SLCE as the architect of record.

Hunter’s Point South Park is part of the Hunter’s Point South master planned mixed-use development and provides public access to the Queens coastline. The 11-acre park stretches along the East River south of Gantry Plaza State Park and sits right outside 5241 Center Blvd and 5203 Center Blvd.

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