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Queens Chronicle

Luxury rental sells out at new building

Lavish LIC waterfront property 100 percent leased before completion

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Posted: Thursday, February 20, 2014 10:30 am | Updated: 11:20 am, Thu Feb 27, 2014.

If you had been saving up to rent a unit in Long Island City’s largest luxury building, it’s too late.

According to Cornerstone, the developer of the property at 45-45 Center Blvd., the 41-story, 820-unit waterfront property is 100 percent leased.

“We knew this would be a sought-after location and leasing activity was brisk from the day it started but renting up the building this quickly surpassed even our expectations,” Executive Vice President of TF Cornerstone Sofia Estevez said in a written statement. “This is a testament to the high demand of Long Island City as the area continues to grow and offer more and more for residents.”

The building is one of several projects the development company has worked on as part of a major revamp of the Hunters Point area.

The lavish 50,000-square-foot landscaped amenity deck on the seventh floor features a real sand beach volleyball court, two tennis courts, a reflecting pool, sprawling lawn and sun deck with BBQ grills, lounge chairs and benches.

Also included is a state-of-the-art fitness center, club rooms with a catering kitchen, indoor parking garage, 24-hour concierge and valet, children’s play room, outdoor children’s playground and shuttle bus service.

While the units at this property are gone, don’t fret because the next TF Cornerstone property is set to open around the same time at 46-10 Center Blvd. This project curves around the famous Pepsi Cola sign and will no doubt provide similar amenities.

“We are thrilled to welcome these new residents and to see them discover new things about the area every day,” Estevez said. “Residents will not only take advantage of the property’s amenities, but can also enjoy some of the city’s finest restaurants, nightlife and retail shops just steps away from their door.”

After TF Cornerstone completes all of its projects in Hunters Point, the waterfront neighborhood will total 2,616 rental units, 184 condominiums and be home to more than 6,000 people.

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