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Durst’s LIC Rental Tower Sven Reaches 50% Leased

The Durst Organization’s newest luxury residential tower, Sven, has reached a milestone with its 670 market-rate apartments 50% leased. The milestone comes after eight months of leasing, with the first residents moving into the Long Island City rental project at the start of the year.  

At 71 stories, Sven is the second-tallest building in Queens, with views of the Manhattan skyline, the East River and the Brooklyn-Queens waterfront. The Durst Organization is leasing in-house from an onsite leasing office. 

“This milestone affirms why tenants are drawn to Sven; this project offers a unique proposition by marrying high-end design and top-tier amenities with a commitment to sustainability and healthy living,” said Jonathan Durst, president of The Durst Organization.  

Designed by Handel Architects with interiors by Anabelle Selldorf, Sven features 958 apartments, including 288 income-restricted units. The Durst Organization says the property’s use of systems to promote healthy lifestyles is a differentiator. 

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About Paul Bubny

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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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