Chris Xu plans Queens' second tallest condo at 42-50 24th Street

Tuesday, Feb 18, 2025 By CityRealty Staff, CityRealty contributor

Chris Jiashu Xu, founder and president of United Construction and Development, has established his firm as one of Queens’ leading developers. Since its founding in 1996, the company has built a diverse portfolio of residential condominiums, hotels, and commercial properties. In 2020, Xu completed Skyline Tower in Long Island City, a 67-story, 763-foot condominium that remains the borough’s tallest residential building. More than 90% of its 800 studio-to-four-bedroom units have been sold.

Xu’s next major projects will rise just north of Skyline Tower at 42-50 24th Street and 42-53 24th Street. The first site will give way to a 44-story, 589-foot condominium tower, making it the second tallest in Queens. As first reported by The Real Deal, Xu acquired the property in 2024 for $57.5 million from a joint venture including Fisher Brothers and the Hakim Organization.

The second project at 42-53 24th Street, to be known as The Cube, will rise at the corner of 24th Street and 43rd Avenue, replacing a former factory loft building. Plans call for a 14-story, 217-unit condominium with ground-floor retail and parking. Xu acquired the site in early 2022 for $40.1 million (per public records) and filed plans in spring 2024. The Cube is expected to be completed by 2027.

Meanwhile, sales are underway at Urban 21, a nine-story, 71-unit development at 46-30 21st Street, near MoMA PS1. All three projects helmed by United Construction and Development benefit from close proximity to the E, M, G, and 7 trains at Court Square and Queensboro Plaza, offering seamless connections to Manhattan, Brooklyn, and other parts of Queens.

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Urban 21 is a newly launched condo selling one-beds from $1.07M

Long Island City has undergone a dramatic transformation over the past two decades — evolving from an industrial hub to a mixed-use area heavily geared towards housing. For years, One Court Square— formerly the Citi Building — stood alone as the borough’s tallest tower. Xu’s Skyline Tower claimed that title in 2020, and it will soon be surpassed by the already topped-out rental The Orchard. However, with an FAA height cap limiting supertall construction in much of the area, Long Island City’s future growth will likely focus on density rather than height.

New development listings in Long Island City

Enzo, #6D
$795,000

Long Island City | Condominium | 1 Bedroom, 1 Bath | 474 ft²

Enzo, #6D (Nest Seekers LLC)

From the Listing: Residence 6D invitingly welcomes residents home with an open-concept living room, dining room, and kitchen. A private balcony allows for seamless indoor-outdoor living. Gorgeous wide plank hardwood floors run throughout, and oversized double-pane windows let in abundant southern light and come with custom screens. See floor plan and full details here.

NOVA, #14C
$1,395,000

Long Island City | Condominium | 2 Bedrooms, 2 Baths | 966 ft²

NOVA, #14C (Nest Seekers LLC)

From the Listing: This beautifully crafted two-bed, two-bath is the lowest priced C-Line in the building with open and unobstructed east and west views facing Manhattan, the Queensboro Bridge, and a neighboring park. Residence 14C boasts triple exposures through beautiful bay windows resulting in sun-washed roomy interiors. Dine with ease in an open concept kitchen with custom Italian two-toned cabinetry, Blanco sink and top-of-the-line Bertazzoni stainless steel appliances that make any night in, feel like a night out. Motivated seller! See floor plan and full details here.

Skyline Tower, #505
$1,699,000

Long Island City | Condominium | 2 Bedrooms, 2 Baths | 931 ft²

Skyline Tower, #505 (Modern Spaces)

From the Listing: .Experience luxury living in this exceptional 2-bed corner unit, a rare find in the market. Spanning 931 square feet of interior space, this home is elevated by an expansive private terrace, offering a seamless blend of indoor and outdoor living — perfect for relaxing or entertaining. With 11-foot ceilings, enjoy breathtaking views of the Manhattan skyline. See floor plan and full details here.

Mason LIC, #PHD
$1,995,000

Long Island City | Condominium | 2 Bedrooms, 2 Baths | 1,340 ft²

Mason LIC, #PHD (Serhant)

From the Listing: Welcome to this brand new 2-bedroom, 2-bathroom corner penthouse offering an elevated Long Island City lifestyle with modern interiors, thoughtful amenities, and two private outdoor spaces. A keyless LATCH entry door opens into a welcoming foyer with a coat closet and full bathroom. Past the foyer is a spacious living room, dining room, and kitchen flanked by a pair of expansive terraces perfect for entertaining, alfresco dining, sun lounging, gardening, and more. See floor plan and full details here.

Radiant, #1702
$2,490,000

Long Island City | Condominium | 3 Bedrooms, 2 Baths | 1,307 ft²

Radiant, #1702 (Nest Seekers LLC)

From the Listing: Introducing Radiant, a striking new luxury condominium and one of the most architecturally significant buildings to come to Long Island City. Each unit boasts floor-to-ceiling windows, gorgeous hardwood floors, open-concept layouts, and kitchens with custom white oak cabinetry, marble countertops, tiled backsplashes, and integrated high-end Bosch appliances. See floor plan and full details here.

Would you like to tour any of these properties?

In this article:

Select which properties are of interest to you:

Enzo, #6D
$795,000

NOVA, #14C
$1,395,000

Skyline Tower, #505
$1,699,000

Mason LIC, #PHD
$1,995,000

Radiant, #1702
$2,490,000

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Chris Xu plans Queens' second tallest condo at 42-50 24th Street

In this article:

Select which properties are of interest to you:

Enzo, #6D$795,000

NOVA, #14C$1,395,000

Skyline Tower, #505$1,699,000

Mason LIC, #PHD$1,995,000

Radiant, #1702$2,490,000

Select which properties are of interest to you:

Listings in this article

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Enzo, #6D
$795,000

NOVA, #14C
$1,395,000

Skyline Tower, #505
$1,699,000

Mason LIC, #PHD
$1,995,000

Radiant, #1702
$2,490,000

See 20 Flatiron-style buildings and their availabilities as Landmarks tables "spaceship-like" addition in Meatpacking

Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition

Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales