The Gotham Organization and RiseBoro Community Partnership have revealed a collection of new renderings for Gotham Point, a dual-tower residential project located within the Hunters Point South mega-development. The property is positioned on Parcel F and Parcel G of Hunter’s Point South, which is among the largest mixed-use residential developments in Long Island City, Queens.
This latest component will include 1,132 rental apartments, 75 percent of which will debut as affordable housing units and age-restricted homes for seniors. Additional components include a publicly accessible underground parking garage, ground-floor retail in the north tower, and a 3,000-square-foot community facility in the south tower. The latter will debut as a new permanent home for Flux Factory, a non-profit organization that provides affordable exhibition and collaborative spaces for new and emerging artists.
“After an incredibly difficult year, New York City seniors deserve to have access to affordable homes with integrated services,” said Scott Short, CEO of RiseBoro. “Gotham Point accomplishes that goal within an iconic project on the LIC waterfront. We look forward to bringing this critical resource to the community and sustaining it for years to come.”
The south tower at Parcel G topped out earlier this year at 33 stories and is expected to debut in late 2021. The north tower, or Parcel F, will stand 57 stories above ground and is expected to open in 2022. When complete, the project will yield 847 rent-stabilized units with income limits ranging from $15,806 to $137,940 for an individual. Income limits for a four-person household range from $23,692 to $196,845.
A total of 98 homes will be set aside for low-income seniors in an 11-story dedicated wing with its own personal lobby space, a lounge and laundry room on each floor, a library, and a community room with a shared pantry. RiseBoro will be leading special programming for the senior community. These residences will be available to individuals across income levels from $15,806 to $85,920.