A 168-unit residential building dubbed Watermark Court Square is currently being built in Long Island City, and tenants will be able to move in next fall.
The 27-story building is being constructed at 27-19 44th Dr. and will have a number of studio, one-bedroom and two-bedroom apartments available. Twining Properties, the real estate investment firm taking on this project, scored $70 million in financing earlier last month.
A total of 70 studios, measuring 400 to 500 square feet, are planned. One-bedroom units will measure 600 to 840 square feet and 64 will be spread throughout the building. Only 34 two-bedroom units, or corner penthouses, will be constructed at Watermark Court Square, totaling 925 to 1,100 square feet.
The building is being marketed toward the “mobile professional” and is near seven different subway lines, making it easy for tenants “to live, work and play with all of the conveniences of the city within reach,” according to a press release.
The firm, which specializes in green buildings close to transit stations, is planning to make Watermark Court Square LEED certified. Amenities will include a living green wall lobby, lobby garden and rooftop terrace. Heat pump heating and cooling systems, to be installed in every unit, will “save residents cost, enhance their comfort and [cut] the building’s carbon footprint,” the release said.
Wi-Fi will be easily accessible throughout the building, including the 27th floor sky lounge, roof terrace, fitness center, the co-work space in the lobby, and the cafe that overlooks the outdoor lobby garden.
The focus on smaller units is a result of high demand for small units, according to the company’s website.
“Smart layouts, efficient storage and appealing social spaces will make micro-units an attractive and competitive option and appealing choice for Gen Y professionals,” the website said.
Handel Architects is responsible for the design.
