New York City is looking at reviving prior development plans for the HQ2 site according to James Padgett the President of the Economic Development Corp (EDC) in a report by AM New York. Known as the Water’s Edge location, the confirmed pre-Amazon plans included a pair of massive towers (potentially 65 and 50 stories) that would bring 1000+ additional residential units to Hunters Point. Oh sure, there would also be the requisite new school. Requisite because with a 1,000 more units… And some space set aside for a nod to LIC’s industrial past, lest we never forget, but with a 21st century twist.
Anyway, no word on future plans for the Plaxall location, but I imagine the city will greenlight their previous appeal for a zoning change pretty quickly given the Amazon debacle. If granted the full request it would bring 5,000 additional residential units to Hunters Point including the potential for a 700-foot tower. Is that really what Jimmy Van Bramer and Mike Gianaris thought best for their community?
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Two Levels of Disappointment From Popular Restaurateurs in LIC Over Amazon Pullout – “Jimmy is term limited but Mike is as dead as disco,”
Developers Poised to Pump Brakes As Amazon Effect Vanishes – “The jury is still out with regard to making LIC a traditional office hub,”
NY Property Firm Hit the Jackpot, Then Amazon Pulled Out – owner of the Citi tower gets double-whammied
Is the BQX Plan Grinding to a Halt – absolutely, and never should have gotten this far to begin w/
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