Hunters Point Condos
Feb 29 2008

The scoop on the Silver Sliver, aka Kimaya Lofts, LIC's first finger building

Site of Kimaya Lofts, Jackson Ave, LIC

Development site for Kimaya Lofts, Jackson Ave - Courthouse Sq, LIC

Remember the Kimaya Lofts? How could you forget? Well we got some scoop on this precarious looking development, and if you are afraid of heights then do not buy at Kimaya. The teeny tiny 25X100sqft lot is going to host a 200FT, 14 story, mixed residential and commercial loft building. Ground floor retail, lower level offices, and residential upstairs. Starting asking price/sf are reported to be in the range of $550/SF, and for residential there’s likely to be a mix of floor-throughs and 1/2 floor apartments.

The interesting thing about this building, is that it’s delivering RAW loft space, with some apartments featuring 18ft ceilings. There’s also reported to be a slight setback around the 10th floor to allow for a terrace. And perhaps to maybe stabilize the building?

Aah well, if you buy on the upper floors, just maybe invest in some hang-gliding gear or a parachute so you can make a soft landing in case of a light breeze. I jest, but the raw loft space is actually a nice alternative to the cookie cutter luxury condo. Sales are rumored to begin in May/June.

Comments

Stupid idiots put down Queens, NY in their legal disclaimer, like Brooklyn, NY, when it's supposed to be Long island City, NY.

#1 Anonymous / 4 months ago

"Stupid Idiots" are strong words for such an insignificant mistake.

#2 Anonymous / 4 months ago

I would buy one of those.

#3 Anonymous / 4 months ago

I own a 25x100 lot out there and I never thought they would let me build something like that!

#4 Anonymous / 4 months ago

i paid that per sq ft in arris...this has got to be a mistake or lic continues to be on fire!

#5 Anonymous / 4 months ago

i paid even less at purves, this has to be a mistake, argeed. i thought we were in the middle of a housing crisis/recession?

#6 Anonymous / 4 months ago

How about some affordable housing for the middle class?

#7 Anonymous / 4 months ago

Can some one check the zoning, what is the # of feet allowed for the set back. I thought it would should be lower then the 10th floor?

#8 Anonymous / 3 months ago

And what about the lot line windows they show in the drawing, I don't think they can do that, or if they can, it means you might buy it that way and lose the windows in a year.

#9 Anonymous / 3 months ago

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