When we last stopped by 27-05 41st Avenue in February, we noted that construction had just started reaching over the fence.1 Construction has nearly reached the top floor since then, as seen in the photo below. Construction permits call for a six-story mixed-used building with 30,041 square feet of residential space and 6,970 square feet of commercial space.2
The original timeline for the project was December 2014 according to on-site signage.

A view of 27-05 41st Avenue