Here’s some more low-rise real estate action on 5th Street, a 5-story rental building with ground floor commercial at 49-09 5th St, between 50th & 49th Aves. Brought to us by Plaxall, who also have another rental building in the works, around the corner on 49th Ave adjacent to the 5th st site. Both sites are currently beautified with artwork provided by The Space.
In the last 5 years, 5th street has undergone a serious transformation »
There’s one spot at the intersection of 11th street and Jackson Ave where you can stand in place and swivel around to catch four new developments taking shape around the Pulaski Bridge base. We checked in during the spring, and here’s the summer update:
First up is Hunters View, brother of One Hunters Point on Borden Avenue. The outer facade is almost finished, and it’s starting to look more like the condo building we all knew it would be. (Live like a rocket, right?) According to the sales agent, both buildings of the Hunters Point Condos are just over 50% sold.
Hunters View condo building, Jackson Ave, Pulaski Bridge, LIC
11-15 50th Ave has teeny tiny windows
11-15th 50th Ave at the Pulaski Bridge, Hunters Point
Oy. We’ve been trying to figure out what’s going on at 11-15 50th Ave for some time now. Various sources have indicated that they’ve also been trying to figure it out, but chronically get no response from the developer. Oh, liQcity gave it a shot too of course. A woman on the phone said she had no idea if it was rental or condo, and that it currently has no other name besides 11-15 50th Ave.
We speculated it’s likely to be condo because the developer filed for a CPS1 period with the attorney general’s office, but now we’re seeing the teeny, tiny windows and wondering if that means it’s going to be rental. Large open windows are ideal in condo sales because obviously they’re more desirable to buyers, and owners pay their own heating bills (usually, if not, they’re lumped into condo fees). If it’s a rental building, small windows are preferred because the landlord picks up the heating bill. It’s unfortunate how tiny the windows look on this building as it currently will have gorgeous views of the skyline, especially on the west side of the building.
