You are reading

Lottery Opens for 288 Units in 71-Story Building Near Queens Plaza, Studios Start at $2,189

Sven has a unique curved-shape façade that wraps around the historic Clock Tower. (Photo: The Durst Organization/Giles Ashford

Jan. 19, 2022 By Christian Murray

The NYC Housing Preservation & Development has launched a lottery for 288 income-restricted units in a 71-story luxury building in the Queens Plaza section of Long Island City.

The development, called Sven, is located adjacent to the historic Clock Tower at 29-59 Northern Blvd., and features income-restricted units that range in price from $2,189 for a studio to $3,843 for a three-bedroom unit.

All of the income-restricted units are for prospective tenants who earn up to 130 percent of the area median income. For instance, the most inexpensive studio—at $2,189 per month—is for individuals who make up to $75,052. Meanwhile, the income limit for a family of seven seeking a three-bedroom unit is $192,400.

The lottery is for 50 studios; 188 one-bedroom units; 41 two-bedroom units; and 9 three-bedroom units.

Income limits and rental prices

The building consists of 928 units, with 670 being market rate units. Leasing has already begun for the market rate units. The Durst Organization, which is the developer of the building, is handling the leasing of the market rate units in-house.

Sven is the second-tallest building in Queens—with the Skyline Tower being the tallest—and offers residents views of the Manhattan skyline and surrounding boroughs. The building, which has a unique curved shape façade, wraps around the historic Clock Tower.

The apartments are all outfitted with modern stainless-steel appliances and high-end design features, including European countertops, flooring and cabinetry; high-end washer and dryers; floor-to-ceiling double-pane windows; sound insulation; blackout shades in all bedrooms; and programmable thermal systems, giving residents control of the climate in their home.

A unit at Sven (Photo: The Durst Organization/Giles Ashford)

The building also comes with 50,000 square feet of amenities, including a landscaped terrace with an outdoor swimming pool and a fitness center, complete with individual studios for yoga, pilates and boxing.

The building also provides residents with the ability to sign up for a membership to Spireworks. From their phones, tenants can change the colors of lights on the spires of properties like One World Trade Center and One Bryant Park.

The development is close to the E/M/R subway lines at Queens Plaza and the 7/N/W lines at Queensboro Plaza, as well as the Court Square transit hub.

Qualifying New Yorkers can apply for the affordable units until March 21, 2022. To apply click here.

The pool at Sven (Photo: The Durst Organization/Giles Ashford)

email the author: news@queenspost.com

One Comment

Click for Comments 
paul

This is affordable housing? You can make this stuff up. Over 2k for a tiny studio? I thought this was an ONION newspaper satire comedy skit.

Reply

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

‘Ghost car’ driver arrested in East Elmhurst after traffic stop reveals weapons, threatening note: NYPD

Police from the 110th Precinct in Elmhurst discovered an arsenal of weapons in a ghost car they pulled over on Ditmars Boulevard and 86th Street in East Elmhurst early Wednesday morning.

NYPD Chief of Department Jeffrey Maddrey held a press briefing at the 110th Precinct on Wednesday afternoon to discuss what the sergeant and three officers from the 110th Precinct public safety team found when they pulled over a black Ford Explorer at around 1:30 a.m. because it had blacked-out license plates.

Henry ‘Hank’ Krumholz, stalwart pioneer of Queens LGBTQ Pride, dies at 73

Henry “Hank” Krumholz, a pioneering gay rights activist in Queens, passed away on Sunday in his Flushing apartment at the age of 73.

Krumholz played a crucial role in the establishment and success of the Queens LGBTQ Pride Parade, which is held annually in Jackson Heights. He joined the parade’s sponsoring organization right after its inaugural event in 1993 and continued his involvement for decades. His passing came just a week after this year’s parade on June 2, marking its 31st anniversary.