The Department of Housing Preservation and Development is seeking developers for two more land parcels at the 30-acre Hunter’s Points South site in Long Island City.
The parcels, two of seven total, are located between 56th and 57th streets on the Queens waterfront. Residential development on the pair would yield at least 750 residential units, 60 percent of which will be required to affordable, Crain’s reported.
The Hunter’s Points South project was spurred by a 2008 rezoning of the area by the Bloomberg administration. It’s slated to ultimately hold about 5,000 units of housing in total.
The first two parcels of the project were developed by the Related Companies along with non-profit Phipps Houses and Monadnock Construction. The partners built a two-tower, 925-unit affordable housing complex on the sites. Together, the 32- and 37-story buildings occupy nearly a million square feet of space.
The city picked TF Cornerstone to develop a third site in the area, with a plan to build about 1,200 units, but the project has stalled over problems with an Amtrak tunnel and power lines in the area.
Proposals for the new sites are due in September, and a winner is set to be announced in early 2017. [Crain’s] — Ariel Stulberg