Posted Mar 12, 2024, 4:24 PM
|
 |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,624
|
|
Could be another big one for Queens…
https://www.connectcre.com/stories/skyline-tower-developer-buys-lic-site-for-57m/
Skyline Tower Developer Buys LIC Site for $57M
By Emily Fu
March 12, 2024
Quote:
United Construction & Development Group has acquired a development site in Long Island City, located at 42-50 24th Street, from Fisher Bros. for $57 million, New York Business Journal reported.
The site, previously subject to abandoned tower development attempts, now falls under United’s purview. Dynamic-Hakim and Property Markets Group had initially proposed a 74-story tower, later revisited by Fisher Bros. for a 35-story project. Fisher Bros. transferred control to United in 2017, obtaining demolition and new-building permits in 2020.
United, known for its Queens-based projects like Skyline Tower, aims to contribute to the neighborhood’s growth.
|
__________________
NEW YORK is Back!
“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.
|