In May 2014, New Valley Realty invested in a partnership sponsored by Ekstein Development Group, which acquired 25-19 43rd Avenue in Long Island City. The Dutch LIC is an 86 unit luxury condominium currently being developed in the Court Square section of Long Island City.
The unit mix will be comprised of 22 Studios, 39 One Bedrooms, 24 Two Bedrooms and 1 Three Bedroom. In addition to onsite parking, amenities will include an exercise room with an exterior deck, a communal room for billiards, dining, socializing and relaxing, a bike room, and two landscaped roof decks. Known for its museums, artists' studios and prime residential space near Manhattan, Long Island City is rising as a highly desirable, hip neighborhood that has spectacular views of the city and easy accessibility. The centrally located site is steps away from Queensboro Plaza and Court Square, making it ideally situated for commuters. The plan is to fulfill and utilize the need for luxury for sale housing that can be affordable to young families and professionals alike.
Gross Buildable Area (SF): N/A
Total Condominium Units: 86
Completion: 2017