28-18 Jackson Avenue, which is part of Tishman Speyer’s plan to bring approximately 1,600 residental apartments to Long Island City,1 has been completely demolished.2 That’s not the only building to fall, as construction crews are mostly done laying waste to several former factories on the lot.
Here are more details of the project from Crane’s New York:
The partnership between Tishman Speyer and H&R REIT said it plans to invest a total of $875 million—including the land cost—to build three residential towers on the site, a total of 1.2 million square feet of new development holding 1,600 rental apartments and 30,000 square feet of ground floor retail space.
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