One of the final large-scale projects of the Bloomberg administration is languishing on the Queens waterfront despite its having been approved three and a half years ago. But there are signs that the development may finally be moving forward.
TF Cornerstone was selected in December 2013 to build a 1,197-unit apartment complex as part of the Hunters Point South complex on the Long Island City coast. Such projects typically take two or three years to complete, yet this one's design hasn't been finalized.
Sources with knowledge of the development told Crain's that delays piled up because of the tangle of utility lines and a train tunnel that run beneath the site. The complications of accommodating these subterranean obstacles was not initially apparent and led TF Cornerstone to alter its design of the building last year.
"The plan changed, and it needed to change based on what they discovered underneath the site," City Council Majority Leader Jimmy Van Bramer said at the time.
But changing the blueprints was not enough. Both Amtrak, which owns the rail tunnel running beneath the East River, and the New York Power Authority, which controls underground electrical lines, must also sign off on an agreement covering the building's design and construction to ensure no harm comes to their infrastructure.
Negotiations with Amtrak began more than two years ago, a spokesman for the rail line said, and are ongoing. However, project insiders said that a resolution is nearly at hand and other aspects of the project are now moving forward rapidly, suggesting that the building may get off the ground early next year.