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First Units in 802-Unit Luxury Condo Building Hit the Market

Rendering (Binyan Studios)

May 2, 2019 By Christian Murray

The first units have hit the market in the 67-story, 802-unit building that is going up in Court Square.

Twenty-units are now available in the condo, which will be the tallest building in Queens when it is complete. The listing prices for those units now on the market range from $660,400 for a studio to $2,325,610 for a three-bedroom.

The development, called the Skyline Tower and located at 23-15 44th Drive, is across the street from One Court Square and is being marketed as offering spectacular views and more than 20,000 square feet of luxury amenities.

The condos offer floor-to-ceiling windows, modern appliances, and marble-adorned bathrooms.

The initial listings are in floors four through 36. The developer anticipates that buyers in the bottom 36 floors will be able to move in by the end of 2020, around the same time that the Dept. of Buildings is expected to issue a Temporary Certificate of Occupancy.

Residents will be able to move into the higher floors by the end of 2021, when the TCO is expected to be issued. The upper floors will tower over the Citigroup building.

Eric Benaim, the CEO of Modern Spaces, anticipates that it will take four years to sell all of the units. Modern Spaces is the exclusive marketing and sales firm for the project.

The units will be priced from $500,000 through to $4 million. The total value of the units is expected to reach $1 billion, according to the plans filed with the state attorney general’s office.

The building will offer a 75-foot heating indoor pool, spa-like facilities, two residential lounges, a business center, children’s playroom, a pet spa, storage for 400 bicycles and private parking. Also available are 24-hour door staff and concierge services.

Rendering

Benaim is about to open a 6,000 square foot sales office in the Harrison Building, at 27-21 44 Drive, dedicated to the selling the 802 units that will be staffed with six sales representatives.

A large advertising campaign has begun that markets both Long Island City as a destination as well as the luxury building itself. Ads have gone up on bus stops and in the subway, with billboards up on the Long Island Expressway and elsewhere. TV commercials have started on NY1.

The project is likely to account for about 25 percent of the condo stock in Long Island City when it is complete, according to reports.

Chris Xu of United Construction and Development is the lead developer on the project, and is collaborating with partners Henry Yeung, Brian Pun of FSA Capital and Risland U.S. Holdings LLC.

Rendering

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16 Comments

MrLIC

It better have a dry cleaners on the ground level, so I don’t have to walk far to have my French bulldog’s corset laundered. My time is precious.

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Anonomous

Ho Hum, Yawn Yawn, more condos going up, what else is new, is there anything else….Enough of the sarcasm, now for the fear; what’s happening to this area is downright scary! How many more buildings does it take before the whole area will explode?! As mentioned above, sewage could be affected, along with so much transportation to accommodate all the building going on here, not to mention all the crowds of traffic from cars, trucks, bicycles, scooters, and who knows what else?!

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M. Boylan

Either you make too much or not enough. So what’s affordable? except for wealthy non-residents.

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James Chen

“One Court Square and is being marketed as offering speculator views”

Really? Makes sense that only speculators would buy these floating air boxes but damn, you guys just came out and said it!

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Supernova

only the rich will live there…people are moving out of NYC and moving to the mid west… where you can live a better live…

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MRLIC

DumBlasio supposedly is giving money for new sewers this year in the budget, is it enough who knows? Will it happen who knows when all the hands go through it? there was supposed to be some sewer work done about 3 years ago along Jackson Avenue and I did not see it develop. As I haave said all along and DumBlasio and the EDC finally admitted to it, Building without planning does not work. when the budget came out DumBlasio and the EDC admitted in 2001 that they “Miscalculated” on LIC and did not expect 10,000 units of housing only 340. Most ofit turned out to be Luxury but they did not say that. Only now are they realizing things about the infrastructure, they are still planning more housing (mostly Luxury) or not really affordable however and trying to play catch up. I believe not enough will be done . Too little, too late!!!!!!!!!!!

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Yeah these developers like Trump are the worst

Agreed, just like when Trump promised to invest $550 billion in infrastructure, or promised that Mexico would make a “one time payment” to pay for The Wall, these luxury developers lied to us, like Trump.

I’m glad you’re against them and would never support a luxury condo developer like Trump

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Real Talk

There’s literally a $2 trillion infrastructure program in the news this week, and once Congress signs the USMCA then Mexico will have paid for the wall, which is presently under construction. Remove your head from out of the sand – we need you here in reality.

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Realer talk

I’m glad you support a giant pork-barrel spending project of $2 million with no oversight, and you’re not one of those fiscal conservatives.

> USMCA

Trump said, in writing, that Mexico would make a “one-time payment of $5-10 million dollars”.

That was a lie, so he had to have the Trump Shutdown to beg Democrats for money.

He NEVER mentioned USMCA. Are you really that gullible?

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CT

You really think that Mexico signing the USMCA/ revised NAFTA deal is the equivalent of Mexico paying for the wall? That’s outright laughable! Your head is not in the sand, its in a much worse place – on the couch watching Fox News and believing their propaganda.
And after two years + of Trump we’re nowhere closer to the $2 T infrastructure project as the sides are very far apart on how to pay for it.

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Critic Al

Did you make up “Dumblasio”? How long did it take? What playground do hang out at? Maybe we can give some kid a wedgie.

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R Austin

I’ve heard for years there’s supposed to be new larger sewers installed along 11th Street, and others. Where are they?

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Real Talk

Probably not – this city is extremely corrupt. That said, if the sewers start backing up, do you really think the work won’t be done? Is the cities inability to efficiently manage their infrastructure in a timely manner a good reason to prevent development? Of course not.

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Anonymous

There is too much construction happening near and along 23rd Street. Are we sure the sewers can handle all of it? Did the city do they’re due diligence? I’m doubtful. Hopefully the area doesn’t start flooding after all is said and done.

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Anonymous

Same Anon correcting my typo -*Their due diligence. I believe I’ve heard the sewer floods around Hunter’s Point for the reason there was too much development without proper planning. How do we confirm this won’t happen in Court Square?

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