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A blog from CityRealty (Links below will take you to the 6sqft site)

Rental Building News and Offers

All renderings of 52-41 Center Boulevard via TF Cornerstone All renderings of 52-41 Center Boulevard via TF Cornerstone
After several quiet years, the Long Island City waterfront is experiencing a buzz of activity almost as if to make up for lost time. The second phase of Hunter’s Point South Park opened in summer 2018, and a “Floating Woman” statue by Gaston LaChaise was installed in the park last fall. Yesterday, mayoral candidate Andrew Yang backed plans for a proposed green energy hub. Major developer TF Cornerstone owns the site next to the proposed power plant, and further south down the Queens waterfront the team has launched leasing at their newest rental at 52-41 Center Boulevard, on part of a large site known as Hunters Point South Parcel C.
52-41 Center Boulevard and its sister tower, 52-03 Center Boulevard, are New York’s tallest waterfront structures outside of Manhattan. The contemporary buildings were designed by ODA, the winner of a citywide competition to develop the city-owned land.
52-41-Center-Boulevard-03
Apartments look out on skyline views, and are finished with Caesarstone countertops and modern appliances and finishes. Select units come with private terraces, in-unit washer/dryers, walk-in closets, and flexible alcove space.
One-bedrooms start at $2,900/month, and two-bedrooms start at $3,725/month. The prices are net effective to reflect two months free rent and one month OP, and the concession puts them right in line with the Long Island City median rent of $2,769/month and $3,694/month, respectively, for similarly-sized apartments (per CityRealty listings). The building is also offering $1,000 security deposits for qualified buyers, as well as the option to use Rhino instead of paying a traditional security deposit.
Amenities at 52-41 Center Boulevard include a bike room, laundry room, and third-floor terrace accessible from the building’s fitness center and lounge. Residents who opt into the building’s amenity program will also be able to access the offerings of 52-03 Center Boulevard, which include a fitness center, co-working space with communal and individual stations, club room with outdoor terrace, 13th-floor lounge and sundeck, and 50th-floor landscaped roof deck.
52-41-Center-Boulevard-02 Rendering via ODA New York
52-41-Center-Boulevard-04
The two towers of the development are joined by a new half-acre park, and the project includes a new 22,000-square-foot park designed by Matthews Nielsen Landscape Architects. The aforementioned Hunter’s Point South Park is a stone’s throw away, and Gantry Plaza State Park is a short walk from the site. Many popular restaurants may be found nearby, as can the East River Ferry, the Vernon Boulevard-Jackson Avenue 7 subway station (only one stop away from Manhattan), bus stops, and a CitiBike station.
The leasing launch comes more than six months after an affordable housing lottery took place for 185 units in the south tower from $698/month. If there was any doubt about how in-demand these units are, a 2014 lottery for Hunters Point South Phase 1 saw 93,000 people applying for 925 units. If you missed last fall’s lottery, Sunnyside Post reports that leasing for the north tower, which contains 534 affordable and 266 market-rate units, is expected to commence in summer 2021.
52-41-Center-Boulevard-05 Lottery criteria via Housing Connect
Upon completion, 52-03 and 52-41 Center Boulevard will have a total of 1,194 units between the two with 719 affordable units, 100 of which will be reserved for seniors. This is the largest affordable housing project New York has completed in the past 40 years, but is nowhere near enough to meet the demand that has only grown in the wake of the coronavirus pandemic and the economic fallout.

Mayoral candidates discussed their plans for affordable housing in a NY1 forum earlier this month, and Gotham Organization and Riseboro Community Partnership are building another affordable housing complex just south of the site, at Hunter’s Point South Parcel F and G. In the meantime, the city’s ongoing affordable housing lotteries may be found here.
Hunters-Point-South-01 Hunters Point South master plan via NYC EDC

TF Cornerstone

TF Cornerstone
5241 Center Boulevard Leasing
New York, NY 10016
(646) 974-XXXX
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