Renderings courtesy of NYC Department of Housing Preservation and Development
A 66-story in Long Island City launched a housing lottery this week, offering high-rise luxury living at a discounted price. Lumen LIC, at 43-30 24th Street, is a huge new rental designed by Hill West Architects and developed by Carmel Partners, with 938 apartments and over 17,000 square feet of ground-floor retail. New Yorkers earning 130 percent of the area median income can apply for the apartments, priced from $2,990/month for studios to $5,114/month for three-bedrooms.
At 731 feet tall, Lumen LIC is one of the neighborhood’s tallest towers. Sven is 755 feet tall, Skyline Tower is 778 feet tall, and The Orchard, which topped out in July, is 811 feet tall.
As the Real Deal reported, Carmel Partners paid $200 million for the site in 2022. Lumen sits at the edge of the Court Square neighborhood, which was rezoned in 2001 to allow for taller buildings. Western views, including of the Manhattan skyline, are preserved.
Upon its completion, Lumen will offer 938 apartments and 12,000 square feet of amenities. All residences come with washer/dryers, dishwashers, and modern finishes.
Current incentives through the lottery include one month free on a one or two-year lease, 50 percent of amenities fees during the first year, and $1,000 off the security deposit.
The amenity package capitalizes on the building’s height and views, with a rooftop terrace boasting Manhattan and East River views and a sun-drenched indoor pool wrapped in glass. Other perks include a co-working space, a gym, and a club lounge.
Lumen is situated between transit options at Court Square and Queensboro Plaza, with the G, 7, E, M, N, and W trains nearby.
Qualifying New Yorkers can apply for the apartments until December 30, 2024. Complete details on how to apply are available here.
Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
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Renderings courtesy of NYC Department of Housing Preservation and Development
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