TF Cornerstone launched 5241 Center Blvd. on the city’s new NYC Housing Connect website, and the newest phase of Hunter’s Point South, a master-planned, mixed-use and mixed-income community, park, school, and playground in Long Island City. The launch of 5241 Center Blvd. on NYC Housing Connect commences leasing for the first 185 of 719 affordable units across two towers.
“As the first of few new buildings to commence leasing in the wake of a global pandemic, 5241 and 5203 Center Blvd are much-needed sanctuaries, providing new affordable housing, vast amounts of open space, light and air in all directions, dedicated community spaces and the security of being part of a TF Cornerstone community,” said Zoe Elghanayan, principal and VP at TF Cornerstone.
The new development brings 1,194 new residential units across two sibling buildings. Sixty percent of the apartments will be permanently affordable to low, moderate, and middle-income residents.
Rendering courtesy of TF Cornerstone.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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