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  #141  
Old Posted Dec 21, 2018, 8:19 PM
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https://therealdeal.com/2018/12/21/d...za-park-tower/

Durst Organization lands $360M financing for Queens Plaza Park tower
M&T provided the loans for the 978K-sf project


By Mary Diduch
December 21, 2018


Quote:
The Durst Organization secured $360 million in financing for what is expected to be one of Queens’ tallest towers.

M&T Bank provided three loans for the developer’s Queens Plaza Park, according to city filings: a $220 million building loan, a refinanced $90 million acquisition loan and a $50 million project loan.

Durst and M&T Bank did not immediately respond to requests for comment.

Queens Plaza Park, located at 29-37 41st Avenue near the landmarked Long Island City Clock Tower, will be a 978,000-square-foot mixed-use tower. It will have 958 residential units, 300 of which will be affordable.

Handel Architects is designing the project — its latest renderings reveal a concave, glassy exterior — and Selldorf Architects is designing its interior, lobby and amenities.

While the new tower will rise 710 feet, another project in the borough will eclipse that height. Chris Xu’s record-breaking Skyline Tower condominium will stand at 778 feet.
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  #142  
Old Posted Feb 28, 2019, 10:07 PM
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February 28th, 2019

(Taken with my cellphone, through a dirty subway window!)


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  #143  
Old Posted Mar 2, 2019, 2:31 AM
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Good to see this starting to climb.
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  #144  
Old Posted Mar 2, 2019, 4:23 AM
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Somewhat of a plateau in the works.
     
     
  #145  
Old Posted Mar 4, 2019, 12:47 AM
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IMG_3524 by Brian Aronson, on Flickr
     
     
  #146  
Old Posted Mar 23, 2019, 8:06 PM
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  #147  
Old Posted Apr 1, 2019, 3:43 PM
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The Durst Organization’s Queens Plaza Park Begins Vertical Ascent In Long Island City

Quote:
Construction on Queens Plaza Park, aka 27-29 Queens Plaza North, is starting to rise above street level in Long Island City. The concave southern wall of the 67-story tower, which is also addressed as 29-37 41st Avenue, is taking shape. Reinforced concrete floors have begun to make their way toward the 755-foot-tall pinnacle. Foundations were completed in December, and work has now passed the second floor. The 978,000-square-foot project is being designed by Handel Architects; The Durst Organization is the developer of the building. Selldorf Architects will be designing the interiors.

The construction site is located across the street from the ALTA LIC and next to the Dutch Kills Green public square. Sunnyside Yards is immediately to the east across Northern Boulevard, while Newcomers High School is located to the west across 29th Street. There will be a total of 985 residential units with 300 of them being affordable housing. Amenities will include an outdoor swimming pool, a 20,000-square-foot fitness center, a library, co-working space, a children’s playroom, and a demonstration kitchen.

Queens Plaza Park is one of many upcoming skyscrapers going up as part of Long Island City’s massive construction boom. Although the 755-foot height will be give it prominence among the downtown neighborhood, it will eventually be eclipsed by Skyline Tower, Hill West Architect‘s 67-story, 778-foot-tall residential project at 23-15 44th Drive.

No formal completion date for Queens Plaza Park has been announced yet.
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  #148  
Old Posted May 9, 2019, 3:43 AM
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  #149  
Old Posted May 9, 2019, 1:56 PM
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This is very exciting. This thing is going to be mammoth.
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  #150  
Old Posted May 15, 2019, 10:51 PM
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This area is looking like the Chicago Loop kinda
     
     
  #151  
Old Posted May 18, 2019, 10:18 PM
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  #152  
Old Posted Jun 7, 2019, 5:12 AM
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  #153  
Old Posted Jun 11, 2019, 6:08 AM
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  #154  
Old Posted Jul 9, 2019, 8:01 AM
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  #155  
Old Posted Aug 15, 2019, 5:58 PM
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  #156  
Old Posted Sep 2, 2019, 4:06 AM
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On the right.


IMG_7339_polarr by Brian Aronson, on Flickr
     
     
  #157  
Old Posted Sep 5, 2019, 2:11 AM
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I always forget this one is even under construction. So much going on.
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  #158  
Old Posted Sep 9, 2019, 1:42 PM
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On the far-right in LIC (foreground). Along with various LIC projects such as skyline tower and all thats going on in the background.


New Skyline Mid Town by Supremecourtjester, on Flickr
     
     
  #159  
Old Posted Sep 9, 2019, 1:51 PM
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oh yeah -- i was really gawking at that one and all the rest as the the lirr rolled through sunnyside yards last week. it's really something around there. and its all so long overdue too -- i mean talk about underbuilt prior to the lic boom yeesh.
     
     
  #160  
Old Posted Sep 10, 2019, 4:57 AM
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