Rockrose plans to develop 43-14 Queens St., currently a one-story brick building adjacent to Eagle Lofts
Dec. 17, 2020 By Christian Murray
The transformation of the Court Square section of Long Island City continues with a large developer filing plans to build a 19-story residential building in the district.
Rockrose, which has developed several luxury buildings in Court Square, plans to construct a 19-story, 301 unit building at 43-14 Queens St.
The developer purchased the site—along with 43-12 Queens St.– from Heatherwood Luxury Rentals earlier this month for $13 million, according to city records. Rockrose also bought a neighboring parcel at the corner of Queens St and Jackson Avenue for $26 million in February that it plans to develop. The address of that site is 27-34 Jackson Ave.
Rockrose bought the lots bordered in red in 2020. They consist of 43-12 and 43-14 Queens Street as well as 27-34 Jackson Ave. They are located next to Eagle Lofts and will represent Phase 2 of that development (Source: City Planning)
The project site is adjacent to Rockrose’s 55-story Eagle Lofts building on Queens Street, which was completed two years ago and contains 790 units. The proposed 301-unit project will represent a second phase of the Eagle Lofts building, Rockrose VP Paul Januszewski told Crains.
Rockrose has some of the largest buildings in the Court Square district. It developed the Hayden at 43-25 Hunter St., a 51-story building that has 974 units. Additionally, it developed LINC LIC, a 709-unit building that opened in 2014 at 43-10 Crescent St.
The company is currently developing The Cove, an 18-story residential development at 43-12 Hunter Street. An affordable housing lottery for this project opened in October.
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3 Comments
That’s awesome, great to see more needed, dense housing being built in LIC. This new housing should help depress rents!
At this point, there are more than enough rental units. In my opinion, there needs to be a vault to that, and more units need to be owned. Or else, the few landlords make decisions for the entire community. If everyone’s a transient, there’s no ‘skin in the game’. My opinion. I’ve been in LIC since 2006. Not that long, but good changes I’ve seen, seem to be born of this basic concept.
This is too much. It’s really freakin ridiculous at this point. You’d think they would have learned something from this pandemic.