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TF Cornerstone Launches Leasing at Hunter’s Point South Rental Tower

TF Cornerstone has launched leasing for market-rate apartments at 5241 Center Blvd. within the Hunter’s Point South master-planned development. The developer will build 1,194 apartments in all at Hunter’s Point South, including the nearby 5203 Center Blvd.

The sibling developments 5241 and 5203 Center Blvd. are anchored by a half-acre park designed by Matthews Nielsen Landscape Architects. Leasing for 5203 Center Blvd.’s market-rate units is expected to commence later this year.

“Living on the Long Island City waterfront, surrounded by nature, while having the city that never sleeps only a train stop away, is a miracle of proximity and practicality,” said Zoe Elghanayan, principal at TF Cornerstone. “The breeze, the light, the trees, and the open space are rejuvenating in a way that we never fully recognized before the pandemic.”

Two-thirds of the apartments at 5203 and 5241 Center Blvd. will be affordable, and will be available by lottery.


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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 16-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 7-10 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 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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