Back in February, we stopped by 24-16 Queens Plaza South and saw that construction was beginning to rise from the original structure.1 When we stopped by last week, we saw that the new structure has risen about 10 floors, as seen in the photo below.
Here’s more information about the project from The Real Deal:2
The Midtown-based development firm, which is led by CEO Jeffrey Simpson, acquired the five-story building at 24-16 Queens Plaza South with the goal of preserving the existing structure on the site and adding 18 stories on top. The end product would be a 23-story, 100,000-square-foot residential tower holding 117 rental units and 3,600 square feet of ground-floor retail space, according to Crain’s.
A view of 24-16 Queens Plaza South
Rendering for 24-16 Queens Plaza South