Tuesday, June 17, 2008

Rockrose To Build Large Office Tower Next To Citi Tower In LIC

Rockrose Development Corp. is planning an 800,000 square foot office tower, next to Citi Tower, on the North End of Long Island City, The New York Post reports today.
This seems like yet another large piece to the puzzle for LIC North which is undergoing an incredible transformation. Tishman Speyer has a grouping of office towers going up near Queens Boulevard, the city has committed to a $50 Million renovation of Queens Plaza and Jackson Avenue, and recent residential condominiums like Star Tower, Crescent Club, and Fusion have sold like hotcakes.
With such a complete makeover, booming construction, low prices and an easy 7 minute commute to Midtown, LIC North may in fact be the no-brainer neighborhood of the near future.
LIC Condo Development-O-Rama, May 2008 (A. Fine Blog)
Condo Explosion In LIC North, Oct 2007 (A. Fine Blog)
Citi Tower Will Get Neighbor (NY Post)
'Stars Are Aligned' For Long Island City Development (Queens Courier)

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