A look at Charney’s new 11-story LIC condo project

The Jackson is slated to be completed spring 2017

New York /
Feb.February 23, 2016 08:30 AM

“Luxurious affordability.” That’s how Sam Charney, one of the developers of a 11-story, 56-unit condominium building now under construction in Long Island City, deemed the pricing.

Charney Construction & Development, Ascent Development and Tavros Capital are developing the 70,000-square-foot project, called the Jackson, at 13-33 Jackson Avenue. The development’s previous address was 11-51 47th Avenue.

The condos are priced to appeal to a wide range of buyers, the New York Times reported. One-bedrooms, which range from 600 to 700 square feet, go from $600,000 to $900,000. The 850- to 1,000-square-feet two-bedrooms are from $900,000 to $1.8 million, with three-bedrooms ranging from $1.3 million to $4 million for pads that will run from 1,200 to 1,600 square feet. Penthouses are also up for sale, with the largest at 1,900 square feet and will be priced around $4 million.

New renderings show architect Fogarty Finger paid homage to the neighborhood’s industrial roots, turning the former parking lot and two-story building into a silver-etched building with oversized windows. The building will feature a fitness center, children’s playroom, rooftop lounge and bike parking.

Rezoning in 2001 triggered a residential development craze in Court Square and nearby Queens Plaza. Recently, Flushing-based developer Chris Jiashu Xu filed plans for a 79-story residential tower at 23-15 44th Drive, just north of One Court Square.

Sales for the Jackson are slated to launch in March and the building is expected to be finished by spring 2017. Modern Spaces is marketing the building. [NYT]Dusica Sue Malesevic


Related Articles

arrow_forward_ios
Developers break ground on 500-unit LIC project with $220M loan
Developers break ground on 500-unit LIC project with $220M loan
Developers break ground on 500-unit LIC project with $220M loan
Longfellow inks first NYC purchase with stake in LIC life sciences property
Longfellow inks first NYC purchase with stake in LIC life sciences property
Longfellow inks first NYC purchase with stake in LIC life sciences property
City’s tallest warehouse could be coming to Queens
City’s tallest warehouse could be coming to Queens
City’s tallest warehouse could be coming to Queens
Carlyle's Kewsong Lee and Jason Hart with 22-22 Jackson Avenue (Carlyle Group, ODA Architecture)
For $85M, Carlyle nabs another LIC resi building
For $85M, Carlyle nabs another LIC resi building
Residents at Sven in Long Island City will be able to control the light show atop their building, as well as some in Manhattan. (Spireworks)
LIC tower giving residents chance to light up night
LIC tower giving residents chance to light up night
Amazon eyeing 400K sf office in Jersey City
Amazon eyeing 400K sf office in Jersey City
Amazon eyeing 400K sf office in Jersey City
Clay Grubb (Glen Lennox, Getty)
Grubb Properties tests affordable housing model in NYC
Grubb Properties tests affordable housing model in NYC
Pink Stone sells languishing FiDi site for $89M
Pink Stone sells languishing FiDi site for $89M
Pink Stone sells languishing FiDi site for $89M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...