28 OCTOBER 7, 2021 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Tallest skyscraper in Queens sells 50 percent of its luxury units
BY KAYLA WONG
EDITORIAL@QNS.COM
@QNS
The newly completed Skyline Tower, now the
tallest building in Queens and the second largest
building in all of New York City by unit count, has
reached 50% sold.
Leading up to 50% sold, Modern Spaces has seen an
uptick in sales at Skyline Tower since the start of the
year, averaging 14 to 16 deals per month, even during
the slower selling days of the pandemic, as many
local buyers return to Queens to take advantage of
low-interest rates.
Not only did the building surpass the neighboring
One Court Square as the tallest structure in
the neighborhood, but Modern Spaces is well on its
way to potentially breaking another record with the
anticipated billion-dollar sellout of the tower — they
already made $500 million in sales so far.
The most expensive listing sold to date is a 50th
fl oor, three-bedroom home for $2,571,736 or $1,931
per square foot.
The condominium was introduced to the market
in August 2019 by Modern Spaces and fi nished up
construction this past July.
Located at 23-15 44th Dr. in Long Island City, the
67-story, 778-foot-tall luxury condominium building
is designed by Hill West Architects and developed
by United Construction & Development Group, FSA
Capital and Risland US Holdings LLC.
With 801 units, the building off ers studios to
four-bedroom homes, ranging in price from approximately
$500,000 to $4 million.
Back in the beginning of March, a new groundfl
oor subway entrance opened, providing access to
the Court Square-23rd Street station that services
the E and M trains that run into Manhattan. The project
provided $16 million for station improvements,
including a wide staircase, a new elevator, a ramp,
ADA-accessible gates and turnstiles. There will also
be an additional elevator built in the near future that
will connect the Manhattan-bound platform to the
rest of the Court Square station servicing the nearby
7 and G trains.
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Palmetto Street
Listings selected at random. Courtesy MLS
Under $600,000
63-34 Fresh Pond Road, Unit 3H
$545,000
Condo
1 bedroom, 1 bathroom
Sarah Riegle, Compass
$600,000-$1,000,000
16-62 Cornelia St.
$998,000
Multi Family
5 bedrooms, 2 bathroom
Xiao Zheng, Jamie & Connie Real
Estate Grp
Over $1,000,000
64-01 Palmetto St.
$1,388,000
Multi Family
6 bedrooms, 2 bathrooms
Gabriele Kapp and Sonia Juran
Kulesza, Werba Realty LLC
81st Avenue 69th Lane 68th Avenue
Under $600,000
90-50 Union Tpke., Unit 3H
$348,000
High Rise
1 bedroom, 1 bathroom
Bartosz Olszewski and Michal
Marek, Bart R E Partners Inc.
$600,000-$1,000,000
69-38 Cooper Ave.
$799,000
Multi Family
7 bedrooms, 2 bathrooms
Filippo Amato, Concrete Jungle
NYC Realty
Over $1,000,000
87-11 81st Ave.
$1,050,000
Multi Family
5 bedrooms, 3 bathrooms
Christian Wittmann, Compass
Greater NY LLC
Under $600,000
52-24 65th Place, Unit UGJ
$315,000
Condo
Armin Roustaei, Graceful Realty
LLC
$600,000-$1,000,000
60-63 59th Drive
$879,000
Single Family
3 bedrooms, 1 bathroom
Celia Rodriguez Olivari, Keller
Williams Realty Group
Over $1,000,000
60-37 69th Lane
$1,600,000
Single Family
3 bedrooms, 2 full andm1 half
bathrooms
Salvatore Crifasi, Crifasi Real
Estate Inc.
Under $600,000
86-05 60th Road, Unit #5J
$219,000
Condo
1 bedroom, 1 bathroom
Aislyn M Zhu, N & H Realty Group
Inc
$600,000-$1,000,000
75-21 68th Ave.
$939,000
Multi Family
5 bedrooms, 2 bathrooms
Douglas Elliman Real Estate
Over $1,000,000
73-38 67th Drive
$1,249,000
Multi Family
6 bedrooms, 3 bathrooms
Cody Macaluso, Macaluso
Realty
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