Queens Plaza Park
|Queens Plaza Park|
|Location||29-37 41st Avenue|
Long Island City, NY 11101
|Roof||755 ft (230 m)|
|Floor area||978,000 square feet (90,900 m2)|
|Design and construction|
Queens Plaza Park is a residential building under construction in Long Island City, Queens, New York City. The building will supersede One Court Square as the tallest building in Queens until the completion of Skyline Tower, as well as one of the tallest buildings in New York City outside of Manhattan. The building is one of many planned in Queens Plaza due to a 2001 rezoning. When complete, the development will incorporate the landmarked Bank of Manhattan Company building built in 1927.
The new development will consist of a 710 feet (220 m) tall tower containing 958 rental apartments, 300 of which will be affordable. Amenities will include an outdoor pool, a 20,000 square feet (1,900 m2) gym, a private library, co-working space, a children’s playroom and a demonstration kitchen. Adjacent to the tower, a 0.5 acres (2,000 m2) public park will sit at the base of the building.
The tower will be the second tallest building in Queens after Court Square City View Tower upon completion in 2021. The interior of the residences will be designed by Selldorf Architects. The building's concave exterior design by Handel Architects has drawn comparisons to London's 20 Fenchurch Street.
The site was originally supposed to hold a 16-story hotel, but economic downturn caused the developers to enter bankruptcy. Steve Cheung then purchased the location for $8.3 million, intending to build a 30-story condominium tower. Cheung then sold the plot for $46.3 million to Hakim and PMG. The new building might have been the first supertall skyscraper in New York City outside Manhattan.  The building would have been residential, split between rentals and condos. It would have spanned 900,000 square feet (84,000 m2) and contain 800 units.
In 2016, the Durst Organization purchased the site for $175 million from PMG with intentions to develop a residential tower. The building's foundations were completed in December 2018. Later the same month, the development received a $360 million construction loan from M&T Bank.
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