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Old Posted Sep 16, 2022, 12:22 PM
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Big LIC Warehouse To Be Demolished By Neighborhood Developer: Plans
The developer responsible for building Queens's tallest tower is now set to demolish a sprawling warehouse building near Queens Plaza

By Nick Garber
Sep 15, 2022

A large Long Island City warehouse building will soon be torn down by a prolific neighborhood developer, according to city records.

Developer Chris Jiashu Xu filed plans Wednesday to tear down the five-story building at 42-53 24th St. — a 76,000-square-foot structure near Queens Plaza that dates to the 1920s.

Xu’s company paid $40.1 million in January to acquire the warehouse and an adjacent parking lot, city records show.
His ultimate plans for the site are unclear, but Xu is no stranger to the neighborhood’s real estate market — he is the developer behind Skyline Tower, a 778-foot skyscraper near Court Square that wrapped up construction last summer as Queens’s tallest building. (Though it may later be surpassed by an 800-foot tower a few blocks away on Orchard Street.)
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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