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Future New York

Long Island City's Skyline Tower sells record-breaking $223 million of inventory in under 3 months

All renderings of Skyline Tower via Binyan Studios All renderings of Skyline Tower via Binyan Studios
Throughout the construction process, Skyline Tower has set new standards and shattered real estate records for Queens. Its height of 778 feet makes it New York City’s tallest building outside Manhattan. Its projected sellout of $1.067 billion initially broke the record of the borough’s highest sellout price, and this doesn’t even include to-be-released penthouses. And most recently, a few short months after sales launched in May, it has already sold more than 200 units for a total of $223 million in inventory.

According to an executive from Modern Spaces, which is handling sales and marketing, prices of the in-contract units range from $640K to $2.365 million. They come to an average of $1,563 per square foot, which is $200 more than any other residential inventory in Queens. Move-ins are expected to begin in 2020.
23-15-44th-Drive-2 Apartment interiors

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Skyline Tower, 3 Court Square
Skyline Tower, 3 Court Square Long Island City
When Amazon announced plans to build its second headquarters in Long Island City, The New York Times reported that interest in Skyline Tower skyrocketed from one inquiry to around 700. Amazon may have pulled out, but Skyline Tower’s impressive height, sleek design by Hill West, and unobstructed city and river views remain in demand. All 802 units feature interiors by Whitehall Interiors, spacious layouts, modern kitchens, and sleekly designed baths.
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23-15-44th-Drive-3 Pool
While New York’s high-end luxury real estate market is experiencing something of a slump, Skyline Tower features an array of residential amenities to put some Manhattan buildings to shame. Offerings include a fitness center, 75’ lap pool, spa with whirlpool, sauna, and steam rooms, a third-floor lounge with integrated business center, a fifth-floor lounge with demonstration kitchen and terrace, a children’s playroom, a bike room, a mail room, and concierge service. Private parking spaces are available for lease, and storage units are available for purchase.
The Court Square section of Long Island City is quickly attracting new food and retail options, and offers easy access to nearby cultural and entertainment venues. Not only did Amazon open the door for other companies to establish Long Island City headquarters, but Skyline Tower is taking shape directly on top of a new entrance to the Court Square subway stop that allows for incredible access to Manhattan, Brooklyn, and other parts of Queens.
23-15-44th-Drive-4 Lobby level and subway entrance
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