Continuing the discussion from NEW YORK | LIC Queens Rezoning - Queens Plaza Subdistrict:
BY LAUREN ELKIES SCHRAM 8/01 11:15AM
Meadow Partners, a Midtown investment fund, has released to Commercial Observer a rendering of its Long Island City conversion project at 42-15 Crescent Street.
The firm purchased the former office and retail building in December 2012 for $19 million, according to property records, and is turning it into a condominium with ground-floor retail.
The Avinash K. Malhotra Architects-designed building will be 11 stories with 124 units, according to Andrew Till, the vice president of asset management for Meadow Partners.
It is slated for completion early next year.