Lottery opens for 288 apartments at 71-story rental in Long Island City, from $2,132/month
Late last year, leasing launched at Sven, a 71-story rental in Long Island City and the second tallest building in Queens. This week, an affordable housing lottery for 288 middle-income apartments opened at the residential skyscraper located at 2959 Northern Boulevard. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, which range in price from $2,132/month one-bedrooms to $3,843/month three-bedrooms Developed by the Durst Organization and designed by Handel Architects, Sven was originally expected to become Queens’ tallest building when the project was announced, but nearby Skyline Tower took that title in 2019.…
Date 2022-01-19
Author Devin Gannon
Lottery Opens for 288 Units in 71-Story Building Near Queens Plaza, Studios Start at $2,189
The NYC Housing Preservation & Development has launched a lottery for 288 income-restricted units in a 71-story luxury building in the Queens Plaza section of Long Island City The development, called Sven, is located adjacent to the historic Clock Tower at 29-59 Northern Blvd., and features income-restricted units that range in price from $2,189 for a studio to $3,843 for a three-bedroom unit. All of the income-restricted units are for prospective tenants who earn up to 130 percent of the area median income. For instance, the most inexpensive studio—at $2,189 per month—is for individuals who make up to $75,052. Meanwhile,…
Date 2022-01-19
Author Christian Murray
One World Trade Adds 11th Broadcaster to Tenant Roster
WMBC-TV has signed a 10-year lease to relocate from Montclair, NJ to One World Trade Center. The independent station will join 10 other New York City-area stations already broadcasting full-time from the Lower Manhattan landmark “We are thrilled to have WMBC broadcast from One World Trade Center,” said Jonathan (Jody) Durst, president of The Durst Organization, which markets and leases the tower on behalf of the Port Authority of New York and New Jersey. “OWTC is the zenith of broadcasting for the tri-state area, and we look forward to adding another station to its dial in 2022.” SVP of business…
Date 2022-01-14
Author Paul Bubny
Deals of the Day: Jan. 13
**LEASES** **WMBC-TV ditches New Jersey for Manhattan** Address: 1 World Trade Center, Manhattan Landlord: Durst Organization Tenant: WMBC-TV Lease term: 10 years Asset type: Broadcasting facility Brokers: Senior Vice President of Business and Strategic Partnerships Robert Becker and Director of Broadcast Communications Marc Musgrove of the Durst Organization handled negotiations for Durst Broadcasting LLC with Robert M. Kessler, member, and Jean S. Tom, counsel, of Rosenberg & Estis P.C. representing the Durst Organization in the transaction. **Western Alliance Bank inks new Midtown lease** Address: 477 Madison Ave., Manhattan Landlord: RFR Realty Tenant: Western Alliance Bank Lease size: 12,437 square feet…
Date 2022-01-13
Author Natalie Sachmechi; Eddie Small
WMBC-TV RELOCATES BROADCASTING TO ONE WORLD TRADE CENTER
WMBC-TV Signs 10-Year Broadcasting Lease at One World Trade Center
Author The Durst Organization