December 17, 2020
Although the pandemic hit Long Island City’s residential market hard, it doesn’t appear to be slowing down Rockrose Development’s plans for the neighborhood, Crain’s New York Business reported.
The company, which already owns multiple luxury high-rise buildings in the area, has filed plans with the city for another project at 43-14 Queens St. The development will span almost 800,000 square feet, with 301 residential units, and will stand 19 stories tall. It will include about 28,000 square feet of commercial space as well.
Rockrose purchased 43-14 Queens St. and 43-12 Queens St. in November for $13 million, Crain’s reported. The adjacent sites are currently home to an industrial building and a parking facility, according to property records.
This project will represent a second phase of Rockrose’s 790-unit Eagle Lofts building, which is located right by its new site at 43-22 Queens St., Rockrose VP Paul Januszewski told Crain’s.
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