Townhouse renderings via BK Developers
Throughout Manhattan, residents of creative neighborhoods have watched in dismay as artists and performers were forced out of their studios and venues to make way for new residential development. In April 2016, that feeling came to the Hunters Point section of Long Island City: 21-28 45th Road, former home of The Chain Theater, was sold to a developer for $9.82 million along with five other parcels that once held one-story warehouses.
More recently, an early rendering of six four-story, six-unit townhouses has appeared on developer BK Developers’ website. It is not yet known if the apartments will be condos or rentals, but an offering plan has not been filed and the unit size is indicative of rentals. Zproekt is listed as the architect of record.
More recently, an early rendering of six four-story, six-unit townhouses has appeared on developer BK Developers’ website. It is not yet known if the apartments will be condos or rentals, but an offering plan has not been filed and the unit size is indicative of rentals. Zproekt is listed as the architect of record.
The townhouses will rise down the block from the Court Square 7 subway station and a block away from MoMA PS1. The artistic director of The Chain Theater expressed a desire to stay in Long Island City but acknowledged that the market may not allow that. Indeed, the area has been rich in new residential development. AvalonBay Communities chose Hunters Point for their Queens development, Avalon Riverview. 44-72 11th Street finished construction last spring, and the few remaining units start at $2,057/month.
Google Earth image of 21-28 45th Road
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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