TF Cornerstone opens 4540 Center Blvd. in Long Island City - 32-story property designed by Arquitectonica
September 10, 2012 - Construction Design & Engineering
TF Cornerstone's newest residential tower - 4540 Center Blvd. - has reached a milestone: The 32-story rental property is already more than 80% leased. The building is part of TF Cornerstone's East Coast community, located in Long Island City.
"With multiple leases signed daily, the incredible rental velocity at 4540 Center Blvd. is a testament to TF Cornerstone's superior product and the luxury lifestyle of East Coast," said Sofia Estevez, executive vice president of leasing for TF Cornerstone.
Designed by Arquitectonica, 4540 Center Blvd. is the fourth of six buildings in TF Cornerstone's East Coast, and comprises a collection of 345 studios, one and two-bedroom homes and a lobby designed by the Rockwell Group. True to TF Cornerstone's mission, 4540 Center Blvd.'s design incorporates sustainable and eco-friendly materials.
In addition to a second floor-terrace, residents of 4540 Center Blvd. also have access to 12 acres of waterfront parks and outdoor recreation spaces that are part of the East Coast community. TF Cornerstone will soon introduce another 50,000 s/f of outdoor amenities at 4545 Center Blvd., when the building opens in 2013.
"The incredible rental velocity at 4540 Center Blvd. speaks to the luxury lifestyle of East Coast and to TF Cornerstone's rare value proposition," Estevez said. "Offering unmatched amenities, acres of green space, and the conveniences of a true neighborhood - all within minutes of Manhattan, East Coast presents a quality of life not available anywhere else in New York City."
Once complete, East Coast will comprise a total of 2,615 rental homes and 184 condominiums.
Rentals at 4540 Center Blvd. start at $2,100 for studios; $2,615 for one-bedrooms; $3,080 for two-bedrooms with one bathroom; and $3,795 for two-bedrooms with two bathrooms.
For more information about 4540 Center Boulevard, contact the onsite sales office at 718-606-9440. For more information about East Coast, visit www.eastcoastlic.com.
ABOUT TF CORNERSTONE INC.
TF Cornerstone Inc. is a partnership of two brothers, Tom and Fred Elghanayan, focused on acquisition, development, construction and management of fine residential, commercial and retail properties. Headquartered at 387 Park Avenue South, TFC's principals pride themselves on their personal involvement with all aspects of their business and portfolio, ensuring the highest level of quality. For more information, please visit www.tfc.com.