Things are looking up — and going up — in Long Island City.
A 74-story tower is the latest addition to the long list of skyscrapers and other new developments coming to the ever-growing neighborhood.
According to New York YIMBY, the newest planned skyscraper at 42-50 24th St. and has a “speculative minimum height” of 750 feet. If developers are allowed to build higher, the tower may even rival the proposed 67-story, 752-foot building at 23-14 44th Dr., that was announced earlier this month.
Previously, the record for the tallest tower in the borough was held by One Court Square, also known as the Citigroup Building, in LIC. The 658-foot tower was finished in 1990 and boasts 50 floors.
In 2015 Dynamic Star LLC and Property Markets Group (PMG) bought 42-50 24th St. for $69 million. According to the New York City Department of Buildings, permits for the project have not yet been filed. According to their website, PMG is also currently constructing a 45-story, 391-unit tower at 23-10 Queens Plaza South in Long Island City.
Perkins Eastman is set as the project’s designer, and has planned for the building’s exterior to be made with curtain wall glass and narrow window frames. YIMBY said that the project is slated to be a least 1 million square feet when complete, with the mixed-use space designated for residential and retail purposes.
