NEW RESIDENTIAL DEVELOPMENT
COMING TO LONG ISLAND CITY
BY JULIA MORO
A new Long Island City
residential development
called Gotham Point, which
will consist of two towers
and 1,132 total units, is on
track to be completed in late
2022.
The Gotham Organization
and RiseBoro Community
Partnership joined together
to make a mixed-income development
in Hunter’s Point
South, with 75 percent of
units priced at affordable
rates. The two north and
south towers include senior
housing, shared amenities,
community facilities and retail
space.
The 847 rent-stabilized
units will be available to a
maximum income limit ranging
from $25,080 to $137,940
for an individual, and $35,790
to $196,845 for a household
of four. Minimum income
limits range from $15,806 to
$73,166 for an individual, and
from $23,692 to $126,686 for
a household of four. Senior
residences will be available
to individuals across income
levels from $15,806 to $85,920.
The lease gallery for rentstabilized
residences will
open in October at 57-28 Second
St. in Long Island City.
“Gotham Point provides
much-needed, rent-stabilized
housing in New York City
and we are excited to expand
our Gotham Properties portfolio
to the transformative
waterfront neighborhood of
Hunter’s Point South,” said
Bryan Kelly, president of Development
at Gotham Organization.
“The wide range of
thoughtful amenities as well
as meaningful partnerships
with RiseBoro, Flux Factory
and other organizations
will no doubt enhance and
meet the needs of this continually
growing and vibrant
community.”
The residences will include
panoramic city and river
views, luxury plank flooring,
premium stainless-steel
appliances, quartz countertops,
gas range stove tops,
dishwashers and expansive
ceiling heights.
Additional fees are required
for club memberships
and select amenities. Among
the amenity packages are 24-
hour attended lobbies, a rooftop
terrace with panoramic
city views, resident lounges
and sundecks, a state-ofthe
art indoor and outdoor
fitness club, a children’s
playroom and a publicly accessible
urban rooftop farm
and community boathouse.
Residents will have access to
dedicated co-working lounges
with breakout meeting
rooms, private phone rooms
and multi-person desks fully
equipped with outlets.
The north tower will include
small retail spaces and
a public parking garage. On
TIMESLEDGER | Q 2 NS.COM | SEPT. 24 - SEPT. 30, 2021
Rendering of the Gotham north tower. Courtesy of VUW studio
the ground floor of the south
tower, there will also be retail
space.
Ninety-eight homes have
been set aside for low-income
seniors in an 11-story wing
dedicated to independent senior
living. The senior living
community will feature
its own personal lobby space
as well as a lounge and laundry
room on each floor, library
and community room
with a shared pantry. There
will also be an outdoor terrace
with views of the entire
Manhattan skyline. Rise-
Boro will be leading special
programming for the senior
community.
“After an incredibly difficult
year, New York City
seniors deserve to have access
to affordable homes
with integrated services,”
said Scott Short, CEO of
RiseBoro. “Gotham Point accomplishes
that goal within
an iconic project on the LIC
waterfront. We look forward
to bringing this critical resource
to the community
and sustaining it for years to
come.”
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