WWW.QNS.COM RIDGEWOOD TIMES OCTOBER 1, 2020 31
REAL ESTATE
Aff ordable housing lottery launches for TF Cornerstone towers
BY BILL PARRY
BPARRY@SCHNEPSMEDIA.COM
@QNS
The city has launched the aff ordable housing lottery
for the newest phase of the Hunters Point South
development on the Long Island City waterfront.
TF Cornerstone announced that applications
are being accepted on the NYC Housing Connect
website for the fi rst 185 of a total of 719 aff ordable
units in its two-tower complex that is rising at 52-41
Center Blvd.
“For generations, TF Cornerstone has been a leading
driver of economic development housing, public
parks, schools and philanthropy in Long Island City,
and we are thrilled to be continuing that at Hunters
Park South,” TF Cornerstone Principal and Vice
President Zoe Elghanayan said. “As the fi rst of few
new buildings to commence leasing in the wake of
a global pandemic, 5241 and 5203 Center Blvd. are
much-needed sanctuaries, providing new aff ordable
housing, vast amounts of open space, light and
air in all directions, dedicated community spaces,
and the security of being a part of a TF Cornerstone
community.”
The Hunters Point South development will bring
1,194 new residential units in its two towers, with a
mix of studios, one- and two-bedroom apartments.
Sixty percent of the units will be permanently
aff ordable to low-, moderate- and middle-income
residents, with 100 apartments set aside for lowincome
seniors. Half of the aff ordable units are set
aside for the local community within Community
Board 2.
“This amenity-packed project that’s opening in
Long Island City will be an incredible asset to this
vibrant neighborhood,” Housing Preservation
and Development Commissioner Louise Carroll
said. “With a coworking space, a fi tness center and
plentiful outdoor space included, not only are many
low-income families and seniors getting a highquality,
aff ordable place to call home, but families
are receiving accommodations that will contribute
to their health and well-being for years to come.”
Leasing for the remaining 209 market-rate units
is expected to begin toward the end of the year. Leasing
for the 534 aff ordable and 266 market-rate units
in the North Tower, located at 52-03 Center Blvd. is
expected to commence next summer.
“Hunters Point South is providing New Yorkers
from a diverse range of incomes with safe and
secure affordable housing in an amenity-rich,
waterfront development,” Housing Development
Corporation President Eric Enderlin said. “This
lottery will provide 185 individuals and families
greater housing and economic security at a time it is
needed most. I encourage those who are eligible to
visit the new and improved NYC Housing Connect
to apply today.”
In 2014, when a lottery was held for the 925 affordable
apartments that were part of phase one
at the development, more than 93,000 people applied.
Residents will have access to amenities in
both towers including outdoor spaces, barbecue
grills, club room, a lounge, a children’s playroom,
a fi tness center, a yoga room, laundry facilities and
HomeWork, TF Cornerstone’s signature residentexclusive
coworking space, and access to Hunters
Point South Park and its NYC Ferry landing.
“This project was unique for us thanks to the collaboration
with the city and TF Cornerstone. The
private-public partnership allowed us to create a
more holistic vision for this new neighborhood, one
that is refl ective of the types of communities ODA is
trying to build,” said architect ODA Founder Eran
Chen, who led the design process. “The opportunity
to combine aff ordable housing with market-rate and
senior housing, surrounded by a curated amenity
package, with retail shops and a direct connection
to the park is a winning formula we hope to emulate
in future projects.”
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Linden Street
Listings selected at random. Courtesy MLS
Under $600,000
71-05 Fresh Pond Road, Unit A2B
$389,999
Condo
1 bedroom, 1 bathroom
Etan Hakimi, Mitra Hakimi Realty
Group LLC
$600,000-$1,000,000
16-70 Norman St., Unit 3F
$709,000
Condo
2 bedrooms, 1 bathroom
Talaat Elkaray, Keller Williams
Landmark II
Over $1,000,000
61-62 Linden St.
$1,199,000
Townhouse
6 bedrooms, 3 bathrooms
Barbara E. Nowak, Charles Rutenberg
Realty Inc
82nd Street 53rd Road 69th Place
Under $600,000
90-50 Union Turnpike, Unit 20L
$435,000
Co-op
2 bedrooms, 1 bathroom
Brigid Marmorowski, Daniel Gale
Associates Inc
$600,000-$1,000,000
77-08 82nd St.
$789,000
Tudor
3 bedrooms, 1 full and 1 half
bathrooms
John Lombardi, Crifasi Real Estate
Inc
Over $1,000,000
75-34 60 Lane
$1,080,000
Townhouse
7 bedrooms, 3 bathrooms
Lin Han, Compass Greater NY
LLC
Under $600,000
5254 65 Place, Unit 4J
$338,888
Co-op
2 bedrooms, 1 bathroom
Maryanna Zero, Home Hunters
Real Estate
$600,000-$1,000,000
70-17 53rd Road
$979,000
Colonial
3 bedrooms, 3 bathrooms
Louis Pastorini, Coldwell Banker
Phillips
Over $1,000,000
60-16 56th Ave.
$1,459,000
Multi-family
5 bedrooms, 5 bathrooms
Sal Crifasi, Crifasi Real Estate
Inc
Under $600,000
66-59 71st St., Unit 2A
$530,000
Condo
2 bedrooms, 1 full and 1 half
bathrooms
Sylwia Anna Juras, Sold By Bart R
E Partners Inc
$600,000-$1,000,000
65-33 77th Place
$708,000
Two-Story
3 bedrooms, 1 full and 1 half
bathrooms
Novus Realty Group Inc
Over $1,000,000
61-21 69th Place
$1,150,000
Two-story
4 bedrooms, 3 bathrooms
Kristin Scanlon, Keller Williams
Points North
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