Prism Condos, Borden Ave, LIC
Broker blogger Andrew Fine has the scoop on the building quietly (haha) going up next to One Hunters Point on Borden Ave, between Vernon & 5th St. Facing the LIRR Railyard.
“”The Prism” (working name for now), an 81 unit condo building, will rise 125 feet on Borden Avenue between 5th Street and Vernon. This no ordinary condo comes with a 24 hour color light clock. As you can see from the rendering »
Well. The links really tell it all, but looks like LIC’s Flux Factory is getting the boot thanks to the MTA and some Long Islanders that really need to get to Grand Central in a hurry. In a ‘take it or leave it’ deal, the building owner must give up his property for the East Side Access Project linking the LIRR to Grand Central Station. According to the storyline, Flux Factory already fled rising rents in Williamsburg for refuge in LIC/Sunnyside with a 15 year lease. And now, they’re homeless again.
Hopefully they’ll find another home in LIC. If anyone has any updates on where they’re going next, pass along the info. It’s not very surprising that the MTA would callously knock out a beloved artists collective, but it does make one want to wear black all day.
A few points on One Hunters Point.
So this building on Borden Ave, One Hunters Point. Let’s just say I live near the construction site. According to the website and the hype etc, the condos seem like they’ll be the standard lux coming through LIC—perhaps even decently constructed. The developers had an extra obstacle to deal with while erecting the building: the Mid-town tunnel runs underneath part of the lot. They couldn’t build directly on the tunnel (someone’s thinking), but close enough that plans were scrutinized, and one can only hope this means intelligent engineers were actually hired. Of course, that has nothing to do with the interior finishings on the apartments.
I know they went around the block trying to buy everyone’s air rights…they definitely managed to get some since the building is 12/13 stories… and they got them at a steal if the $100/sf rumor is true.
