TF Cornerstone files plans for second tower at Hunters Point South

Building at 52-41 Center Boulevard will stand 46 stories tall with 394 units

TRD New York /
Feb.February 27, 2018 01:40 PM

A previous rendering of 52-41 Center Boulevard (Credit: ODA New York)

UPDATED: Wednesday, Feb. 28 at 2:48 p.m. TF Cornerstone filed permits today with the city’s Department of Buildings for a 46-story, 394-unit building at 52-41 Center Boulevard. It’s the second of two towers on the parcel. In October, TF Cornerstone filed plans to construct a separate 56-story building holding 800 affordable housing units on the site.

Tom and Fred Elghanayan

The newly-proposed building, part of the developer’s Hunters Point South complex, will span just under 383,000 square feet, split between 374,000 square feet of residential space and about 8,000 square feet of community space.

TF Cornerstone, led by Fred and Tom Elghanayan, did not immediately respond to a request for comment.

The company bought 38-21 12th Street in Long Island City earlier this year for $25.5 million and is also planning a large mixed-use development in the neighborhood at 5-40 44th Road and 4-99 44th Road that is expected to include 1,000 apartments and 100,000 square feet of light manufacturing space.

Correction: An earlier version of this story incorrectly stated that the developer downscaled plans for a tower; in fact, it filed separate plans for a smaller tower on the same parcel.


Related Articles

arrow_forward_ios
660 Madison Avenue (Photo via Jenel Real Estate)

Safra family finally begins 660 Madison’s office-to-resi conversion

Safra family finally begins 660 Madison’s office-to-resi conversion
New York City council member Margarate Chin, Mayor Bill de Blasio and council member Carlina Rivera (Getty; iStock)

Why the Soho rezoning will pass — and Gowanus, too

Why the Soho rezoning will pass — and Gowanus, too
Silverback's Josh Schuster and 580 Gerard Avenue (Google Maps) 

Silverback plans 200-unit South Bronx Opportunity Zone project

Silverback plans 200-unit South Bronx Opportunity Zone project
Mayor Bill de Blasio (iStock; Getty)

Soho to be rezoned: de Blasio

Soho to be rezoned: de Blasio
Square Mile Capital’s Craig Solomon and Hackman Capital Partner’s Michael Hackman with Silvercup Studios at 42-22 22nd Street in Long Island City (Hackman; Silvercup Studios)

Hackman and the City: Hackman, Square Mile buy Silvercup Studios

Hackman and the City: Hackman, Square Mile buy Silvercup Studios
US construction spending is up $37.8 billion year-to-date compared to 2019 (iStock)

Housing demand sent construction spending up in August

Housing demand sent construction spending up in August
Larry Korman (Photo by Emily Assiran)

The self-lockdown lifestyle of AKA’s Larry Korman

The self-lockdown lifestyle of AKA’s Larry Korman
Renderings of the project and Gil Dezer (Getty; Renderings via  Zyscovich Architects)

Dezer’s 30-acre megaproject in North Miami Beach gets first approval

Dezer’s 30-acre megaproject in North Miami Beach gets first approval
arrow_forward_ios

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

Loading...