Sept. 16, 2019 By Allie Griffin
Queens got a little taller last week.
The Skyline Tower officially became the tallest building in New York City outside Manhattan when its construction surpassed the height of Long Island City’s iconic Citigroup Building on Friday.
With construction now taking place on the 63rd floor, the Skyline Tower is higher than the Citigroup Building, which is 673 feet tall. Once complete, the 67-story tower will rise to 762 feet, making it the borough’s tallest building.
Located at 3 Court Sq, the residential tower will house 802 studio to four-bedroom apartments which range in size from 400 to 1,547 square feet. About a quarter of the units have been sold for a total of $223 million, ranging in price from $640,000 to $2.365 million each.
The tower was designed by Hill West Architects and offers panoramic views of New York City, including the Manhattan skyline. Its glass façade is made up of 358,538 square feet of translucent glass or about six football fields worth.
Residents will be able to start moving into the building in 2020.
And there was just an article in the NY Times that said 1 in 4 luxury apartments are unsold. Tsk, tsk. Real estate speculation has destroyed LIC and now it’s going to hit the developer’s pockets. ::Shrugs::
Hit their pockets?? Developers borrow every penny. They don’t have any skin in the game! I guess you could argue that they won’t make a killing with other people’s money if they can’t sell the inventory, but we will be left holding the bag. It’s our pensions and investments that get killed when the market inevitably collapses.
400 Square feet ?!??! People will actually pay six figures for that? Watch this place completely fall apart, what a shame….
Ugly, ugly, ugly! New York used to be known for its skyline. Now it should be known as the city of tasteless architecture. There’s a building downtown that looks like the game Jenga.
If that’s the building I am thinking of I think it’s a wonderful addition to the skyline. There is also a pair of buildings on the east side which looks like a dancing couple, though this mega sculpture does not get much press.
I agree, greedy billionaire developers like Trump are ruining this city. I wish someone told me he was a developer before I voted for him.
Tasteless is putting it mildly! The other week, I was riding atop of a double decker bus at the Labor Day Parade, It gave me a chance to see, from atop the bus, the splendid architecture of the old buildings, how painstakingly and artistically they were made. Then I looked at and compared them to the modern ones next to them. No thought or pride, just build em’ up fast!
Originally I seem to recall the plan was for it to be near 900ft and over 70 floors this significantly taller than Citi… I guess they shrank it a bit. Maybe they weren’t hopeful at selling all the units in a building that big, especially at $640k for 400sq.ft …wtf!!
BIG DEAL !
What’s going to happen to all this over-development when the music stops? Maybe they’ll become the world’s tallest homeless shelters.
Then they have to tear down the new stuff to make newer stuff!