Rental Building News and Offers

Continuing the eastern shift of New York's center of gravity, Kevin Maloney's Property Markets Group (PMG) is gearing up to launch leasing for a ground-up, 391-unit rental high-rise at 23-10 Queens Plaza South.
A teaser site recently debuted emblazoning a new name for the building (1 QPS Tower), and announces leasing will begin this summer through Douglas Elliman Development Marketing. The site gives us a new rendering of the rooftop pool which, at 475 feet in the air, will be among the highest in the city. Along with PMG, the Hakim Organization and Howard Lorber’s New Valley investment firm are also partners in the development. The design is from the prolific architects at SLCE, who by now can probably design a residential skyscraper in their sleep.
When finished, the 510-foot tower will officially be the tallest residential building in Long Island City, though that title will be short-lived. A development from Heatherwood Luxury Rentals, the 647-foot Tower 28, is not far behind; its frame topped off in December 2015, and is now enclosed with a sheer reflective glass façade. However, 1QPS is west of Queens Plaza and across from Silvercup Studios' low-rise buildings, which allows it to be a bold addition to the Long Island City skyline, and will give residents spectacular views of Manhattan and the East River.


DOB records indicate the 44-story rental tower will feature 391 residences across 337,096 square feet of interior space. Floors 2 through 5 will host many of the building's amenities, which includes parking, a children's playroom, laundry, and a fitness center. The one-of-a-kind rooftop pool will sit at its crest.



This video gives a sneak peak at the building's fitness center, which will have stationary bicycles with real-course simulation, free weights, medicine balls, and a strength-training zone.
To see more newly complete no-fee rental buildings in NYC or properties offering rental concessions see our map below:
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