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QC11062014

FOR BREAKING NEWS VISIT www.queenscourier.com november 6, 2014 • The Queens Courier 39 real estate ▶ Mount Sinai medical center opening new office and retail building BY LIAM LA GUERE has been brought into the future center, which will lguerre@queenscourier.com/@liamlaguerre boast four full-size operating rooms throughout 21,000 square feet. New York Eye and Ear Infirmary of Mount Sinai The facility could start seeing patients within the Hospital will soon open an ambulatory surgical next couple of months, according to a representative center on the second floor of a brand-new retail and from FDC Realty, which is marketing the building. office building in Bayside. The medical center will offer various types of Construction on the second floor of the building, operations, such as cataract surgery on both children which is located at 45-64 Francis Lewis Blvd., is and adults. And there is an underground parking lot already complete. Furniture and medical equipment for about 96 cars and above-ground spots for more vehicles to accommodate an expected high volume of patients and staff. The 19,000-square-foot first floor space isn’t completed yet, but FDC Realty is negotiating with another medical provider for some space and said numerous retail stores have expressed interest in the building, including a national brand cafe and a pharmacy. For leasing opportunities at the building, contact David Gelfond (dg@fdcrealty.com) or Bruce Pollack (bp@fdcrealty.com) at FDC Realty at 631-234-3200. Developer TF Cornerstone to be honored for role in transforming LIC BY LIAM LA GUERE lguerre@queenscourier.com/@ liamlaguerre TF Cornerstone has been one of the main faces in the real estate development boom currently occurring in Long Island City. Recently, the real estate firm completed its 10-year, $1.4 billion Center Boulevard project, which includes six residential towers on the LIC waterfront with unobstructed views of the Manhattan skyline that provide a high-quality living space for a community of more than 6,000 people. TF Cornerstone was also selected to develop two residential towers for the second phase of the city’s Hunter’s Point South affordable housing project, further bringing more residential opportunity to the neighborhood. The buildings will have 1,193 apartments, 796 of which will be affordable. The towers will also feature a gym, rooftop gardens and decks, and an on-site senior recreational center. Because of these investments in the neighborhood, the Long Island City Partnership, an organization that focuses on fostering economic growth in the community, will honor the founding brothers of TF Cornerstone, K. Thomas and Frederick Elghanayan, at its 27th annual luncheon on Nov. 13. “We’ve come to love this community as we’ve watched it grow and, for that reason, receiving this award is truly special,” the Elghanayan brothers said. “We’d like to thank the Long Island City Partnership for this honor, and we’re looking forward to many more years of partnerships with groups and individuals in LIC as we begin our next chapter of development in Hunter’s Point South.” Aside from constructing towers, TF Cornerstone has played a major role in building the community aspects of LIC through supporting local events and institutions, such as the LIC Flea, LIC Arts Open and P.S. 78 and developing Gantry Plaza State Park. “They’ve been part of that revolutionary vision of what LIC can be as a residential neighborhood,” said Elizabeth Lusskin, president of the LIC Partnership. “People who were attracted to the dollar value now want to stay here for the community value, and that is a testament to the Elghanayans and TF Cornerstone.” Thousands of attendees are expected at the luncheon, which will be held at Astoria World Manor. Kenneth Adams, president and CEO of Empire State Development, will give the keynote speech and Community Board 2 Chairman Joseph Conley will receive the William D. Photo courtesy of TF Cornerstone Modell Community Service Award. TF Cornerstone’s founding Elghanayan brothers. THE COURIER/Photo by Liam La Guerre


QC11062014
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