Queens Plaza hotel site, LIC

Looks like the hotelification of Long Island City is experiencing a hiccup… one of the more prominent hotels planned for Queens Plaza has been Starwood Capital‘s ‘W Hotel’ offshoot ‘Aloft’, which is now officially in foreclosure, and worse:

“Lender U.S. Bank won a judgment for $17.2 million, in a decision published yesterday, against a developer that sought to build a Starwood Aloft hotel in Long Island City, but the project stalled and the site remains vacant »

Queens Plaza, as it looks today

In the Starwood Capital pipeline, is an alofts Hotel at 29-43 41st Ave in Dutch Kills, aptly dubbed ‘By the Bridge’. That would be the Queensboro Bridge folks, and this building is right at the entrance juncture with Northern Blvd. It’s slated to be completed in 2010, which will probably be a development crazed time for QP, since so many projects are in the pipeline for that ‘little’ spot.

As I’ve said before, Queens Plaza and Dutch Kills are rife with potential. Not to mention that Queensboro Plaza has so much development planned within the next 5 years, that 10 years from now the area will be unrecognizable. Which is a good thing. It’s inarguably kind of a dump right now. alofts dwellers won’t really have to worry about that though – it’s right next to the Queens Plaza subway stop so they’ll be whisked away into Manhattan before they choke on car fumes.

• Starwood Hotels pipeline