Nestseekers International | Long Island City Real Estate
Oct 20 2008

The white elephant rises from the ashes as Gotham Center, Queens Plaza

Gotham Center, Tishman Speyer, Queens Plaza, Long Island City, NYC, 11101

Two Gotham Center, Queens Plaza South & Jackson Ave, LIC

The municipal parking garage at Queens Plaza South and Jackson Ave, an eyesore dubbed the “white elephant” by local residents, is continuing its transformation into a Class A, LEED Certified Green Building:

“First phase construction has started for a mixed-use development here in Long Island City, Queens–dubbed Gotham Center. Two Gotham Center is a planned 662,000-sf, 21-story class A tower on the corner of Queens Plaza and 28th Street, being developed by Tishman Speyer. The $316 million project will replace the Queens Plaza Municipal Parking Garage. The project, which will create about 1,400 construction jobs, is the first phase of the proposed 3.5-million-sf Gotham Center development. “

For decades, Long Island City has been talked about as an area with growth potential,” says Mayor Michael Bloomberg, in a prepared statement. “Today, both the public and private sectors are making real investments in Long Island City that are transforming it from an area of substantial possibility to one of considerable activity. Gotham Center will be a further catalyst for growth in the area, and Tishman Speyer’s investment signals a great vote of confidence in the future of Long Island City and the City as a whole.”

2 Comments

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Thank God, this can’t come down fast enough.

#1 Anonymous / 1 year, 4 months ago

when are we going to see the crane and wrecking ball?

#2 Anonymous / 1 year, 4 months ago

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