Nov. 25, 2013 By Christian Murray
Rockrose Development cut the ribbon Monday on the latest luxury apartment tower to be completed in the Court Square area of Long Island City.
The real estate giant, which has some ambitious plans for the Court Square area, officially opened Linc LIC, a 709-unit complex at 43-10 Crescent Street.
Despite the ribbon cutting, Rockrose has been leasing the 42-story complex for a while. To date, it is about 40 percent leased, with rents for a studio starting at about $2,200 and three-bedrooms beginning at $4,750.
Linc LIC, like most the luxury buildings, offers several high-end amenities, such as a fitness center, a children’s play room, a movie screening room and a duplex lounge located on the 31st floor, with an outdoor deck and lawn.
Meanwhile, Food Cellar, a supermarket operator that has another store in Hunters Point, will be opening on the first floor at the end of 2014
Rockrose has three other residential projects in the works in Court Square. The company is planning a 50 story apartment building—with 975 units– across the street from Linc LIC at 4325 Hunter St. That complex is scheduled to be completed in 2016.
Additionally, Rockrose plans to develop an 800-unit rental building at 43-22 Queens St., in a former warehouse that was once owned by Eagle Electric.
Meanwhile, there are plans farther down the line that include a 100-unit building — possibly condos — on a lot on Crescent Street near Linc LIC.
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10 Comments
I am happy to finally learn about the official opening. More housing is needed and Food Cellar will help the area for its lack of healthy grocery shopping options.
Who’s got the money to move into these luxury rentals? Out of town transplants?
I would like to see middle class housing development instead of people who just want a place to stay while going into the city.
Foodcellar won’t open till end of 2014? When I spoke to the leasing office they had thought Q1 2014..
If we just got rid of people than the world could be 100% green.
There are thousands of middle income housing going up as well as market rate rentals, seems like a good compromise.
I’m made an error implying all LIC lifelong residents agree with the point of view expressed in yesterday’s NYT article on San Francisco. Ifyou want to know what it is, go read it. I would not want to make another mistake by characterizing it incorrectly.
But I beg to differ regarding the claim that LIC was all “abandoned factories and warehouses.” That writer knows parts but certainly not all of LIC. My neighborhood was green, quiet and intimate. It is no longer and will only get worse when the full developers plans are finished.
To LIC Vet, your irritation and anger are misplaced. May they go right back to you. They don’t affect me.
My only thought is, if you lived in a decrepit neighborhood all these years, I guess you might like to feel you are getting attention now. Good for you. Not all of us feel the same.
This is great! I can’t understand why some people always feel the need to complain about the the transformation LIC is going through.
Long Island City has been a ghost town for many years. Finally development is changing the tide; from old worn down warehouses to an residential environment.
As opposed to what? The area was all abandoned factories and warehouses. You’d rather that than a vibrant residential neighborhood? If you don’t like it, then get the hell out.
Pro-Art,
I’m a life long resident of LIC, how is it you think I feel about this?
THank god. Because we have such a luxury housing shortage in this city. EYE ROLL!
So its not only Wall Street that has a vampire squid sucking the life out of it.
Read today’s NYT story on San Francisco to see how the life-long resident so of Long Island City feel about companies like Rock Rose.