Queens, NY Construction is underway at 36-20 Steinway St. in Long Island City, which is being developed as a 158,000 s/f rental building by Jason Halpern’s JMH Development in partnership with Gerard Longo’s Mettle Property Group. The team previously secured a $56 million construction loan from Scale Lending in May.
Leasing for the 143-unit rental project, which will offer studio, one and two-bedroom homes, is tentatively slated for spring 2021.
The project is located at the intersection of the Astoria and Long Island City neighborhoods. The property will feature 18,000 s/f of ground-floor retail, an on-site parking garage and a large amenity package, including a fully-equipped fitness center, a furnished resident lounge, multiple shared outdoor spaces and a 24-hour attended lobby.
Citi Habitats’ David Maundrell will exclusively handle marketing and leasing for the project. Additionally, the 18,000 s/f retail space at the base of the project is currently being marketed by Geoff Bailey at RIPCO.
The project is designed by NYC-based architecture firm SLCE with interiors by Lauren Jayne Design.