Renderings are out for a 74-story tower at 42-50 24th Street, in downtown Long Island City, Queens. If built, the structure would be a major addition to the borough’s vertical profile, with a speculative minimum height of 750 feet, based on double-height retail at the base. If it ends up being any higher, the structure would become the tallest structure in Queens. Its current competitor is 23-15 44th Drive, a condominium tower expected to rise 752 feet, and is located three blocks to the south. The tallest proposed building for the borough was formerly 29-37 41st Avenue, though developer Durst downsized the project to just 710 feet.
42-50 24th Street site highlighted in Yellow, via Google Maps
Perkins Eastman is responsible for the design. The bulk of the exterior features curtain wall glass with narrow window frames, further emphasizing the verticality. The base of the building holds a lower profile, rising nine stories above street level, and creating room for outdoor terraces for the 10th floor.
Dynamic Hakim and Property Markets Group (PMG) purchased the site in 2015 for $69 million. Permits have not been filed yet for the tower, and the estimated start date for construction has not been announced. The lot is mostly vacant, occupied by parking and a few low-rise structures.
42-50 24th Street, via Google Maps
The building is expected to yield at least 1 million square feet, dedicated to mixed-use occupancy. Retail space is implied in the rendering, but no further details have been released.
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