Skyline Long Island City tower sells in less than Real BY EMILY DAVENPORT
One of the tallest buildings in Long
Island City is selling quickly only two
and a half months since it opened.
Located at 3 Court Square, Skyline
Tower offers 802 studio-to-four-bedroom units
ranging in size from 400 to 1,547 square feet.
With pricing starting at approximately $500,000
to $4 million, move-ins are set to begin in 2020.
Modern Spaces has been exclusively handling
marketing and sales for Skyline Tower and has
already sold $223 million worth of inventory –
with units sold ranging in price from $640,000
16 AUGUST 2019 I LIC COURIER I www.qns.com
to $2.365M. Since the project’s soft launch in
May, the firm has officially sold 25 percent of the
building’s units.
Skyline Tower initially broke the record for the
highest projected sell out at $1.067 billion, which
excluded penthouses that will be released at a
later date.
“Since officially launching sales, Modern Spaces
has sold over 200 of 802 units, making Skyline
Tower one of the most ground-breaking projects
in New York City and a true pioneer for the future
of residential real estate in Long Island City,
Queens,” said Eric Benaim, CEO and founder of
Modern Spaces. “As the tallest residential building
in Queens, residents at Skyline Tower will live a
truly elevated lifestyle with never-before-seen views
of Manhattan, making it one of the most exclusive
properties in the city’s condo market. And, with its
prime location, extensive amenity package and
striking design, we are confident that these new
homes will draw more young professionals and
new families to the neighborhood.”
Developed as a joint venture by Risland Holdings
LLC, FSA Capital and United Construction
Estate
Photos courtesy of Binyan Studios
/www.qns.com
/www.qns.com
