2018-07-18 / Front Page

‘Supertall’ Tower Cut By 200 Feet

Queens’ soon-to-be tallest tower won’t rise so high in the sky, according to a recent report by the Wall Street Journal (WSJ.)

The tower under construction at 23-14 44th Drive in Long Island City was originally proposed to rise to 964-feet, making it Queens’ first supertall tower. But a recent report in the WSJ says the building will rise to 778-feet, still the tallest tower in the borough.

The building will still feature 902 condominium apartments, varying in size from studios to four bedrooms. Prices will range from $500,000 to $4 million, according o the WSJ.

Plans show the ground floor will feature 19,721-square-feet of retail space, and 225 parking spots spread between the cellar and the second floor.

The developer acquired the nine-parcel, 79,000-square-foot site from Citigroup in July 2015 for $143 million. The parcel, located just west of the Citigroup towers at 23rd Street, between 44th Road and 44th Drive in Long Island City, encompass a vacant lot, a small apartment building and several warehouses.

Citigroup originally planned to build another tower at the site, but decided to sell the property after taking a beating during the recent recession, real estate sources said.

Financial giant Citiorp built its Citi Tower One in 1988 despite protests by owners of nearby, decades-old town houses who voiced concerns that the building would create traffic, environmental and other municipal problems in the close-knit neighborhood.

One local woman who testified against the tower at a 1987 public hearing, expressed concern because her property was located one block behind the planned building. The frustrated homeowner told representatives of city agencies that she was planning to replace her front yard flowers with mushroom when the tower was completed.

“Mushrooms are the only thing that will grow in the dark,” the woman said.

The neighborhood, located near public transportation and within walking distance of the Queens Plaza transportation hub, has since become a haven for people who want to live in a Manhattan-like atmosphere outside the big city, real estate experts said.

The developer expects to complete construction in two phases between 2012 and 2022.

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