Renderings have been revealed of two buildings, both former industrial properties, at 21-00 49th Avenue and 21-10 51st Avenue in southern Long Island City, currently receiving commercial conversions. The two buildings are collectively called The Point LIC. Related Companies and GreenOak Real Estate are the developers. Studios Architecture is the architect of record.
The seven-story, 130,000-square-foot structure at 21-00 49th Avenue, located on the corner of 21st Street, is dubbed Paragon. It will contain restaurants, including a beer hall, and office space, DNAinfo reported. Occupancy is expected this fall.
The second building, a seven-story, 220,000-square-foot structure at 21-10 51st Avenue (a.k.a. 21-09 Borden Avenue), is dubbed Blanchard. It will include a café and office space. VaynerMedia, the building’s first tenant, signed a lease for 43,000 square feet. Occupancy is expected this spring.