TF Cornerstone has prevailed in its bid to build the second phase of Hunter’s Point South, the massive, middle-income housing complex on the Long Island City waterfront. TF Cornerstone, who lost out to the Related Companies to build the first phase in 2011, will partner with Selfhelp, a senior citizen non-profit, on the second phase, to build two towers designed by the ODA, with SLCE Architects as the architect of record.
The Department of Housing Preservation and Development announced its selection this afternoon, which it made after putting out an RFP; TF Cornerstone has extensive experience in the neighborhood, having developed the seven market-rate residential towers on the former Pepsi-Cola site, the last of which is slated to open sometime next year.
Yesterday, The Journal (rightly) complained the lack of progress at two major affordable housing projects, Hudson Yards and Willets Point. This got The Observer wondering about another, though: whatever happened to Hunters Point South, which was approved the same day almost four years ago as the Willets Point project.
Things are moving along quite nicely, it turns out.
It may seem as though there has been limited tangible progress since Related Companies was tapped to develop the project in February of last year, but that is because most of the work is being done below the surface—with on the banks of the East River and the banks of housing finance.
Michael Bloomberg announced what he termed the creation of a “spectacular waterfront community” at Hunter’s Point South that will include parkland, an 1,100-seat eco-friendly school and retail space.
At least 75 percent of the 5,000 rental units will be set below the market rent for surrounding neighborhoods, and the housing lottery will give preference to local Read More
Nearly four years after unveiling a plan to build a giant middle income development along the Queens waterfront, the Bloomberg administration today sent out a request for proposals to find a developer to kick off the first two sites on a strip of land near Long Island City. The first phase of the Read More
Two of the largest planned developments of the Bloomberg administration were approved by the City Council this afternoon, rezoning two sites in Queens that will allow for more than 10,000 new apartments, more than half of which would be at below market rates.
In two separate votes, the Council approved the redevelopment of the Read More
Two of the city’s largest planned developments are headed to the City Council for consideration, as the Planning Commission voted this morning to approve the Willets Point and Hunter’s Point South developments in Queens. The two Bloomberg administration-led rezoning plans would permit the development of more than 10,000 apartments, though many Read More
As if there weren’t enough affordable housing fights around the city, it’s probably time to add another to the list. In Long Island City, at the confluence of Newtown Creek and the East River, the city is at the start of the public review process for a major Read More