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: [email protected]
No comments yet

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

Borough president hears from community members on budget needs throughout Queens

During a two-day public hearing on the mayor’s 2024 preliminary budget, Queens Borough President Donovan Richards Jr. listened to testimonies from 14 community board representatives, community stakeholders and members of the public on where the money should be spent in Queens. 

The public hearings were held both in-person and via Zoom on Monday, Jan. 30, and Tuesday, Jan. 31, at Queens Borough Hall. The testimonials will be used to develop the Queens Borough Board’s FY24 preliminary budget priorities in the coming weeks. 

‘He didn’t deserve to die’: Borough President Richards leads emotional candlelight vigil for Tyre Nichols

Queens Borough President Donovan Richards held a candlelight vigil for Tyre Nichols outside Queens Borough Hall Monday, Jan. 30 after Nichols’ death at the hands of police officers in Memphis, Tenn., made national headlines for the brutality in which the officers beat him.

Almost immediately after news broke about Nichols’ death, the Memphis police officers who beat him to death were fired and charged with murder. The police department released the body cam footage of the fatal beating on Jan. 27, but many people, including some at the vigil, have refused to watch it due to its extremely graphic nature.

Queens Botanical Garden hosts Lunar New Year celebration with globally beloved Miffy

About 4,200 people joined the world-renowned beloved rabbit Miffy to ring in the Year of the Rabbit at Queens Botanical Garden’s Lunar New Year celebration on Saturday, Jan. 28. 

Queens Botanical Garden’s Lunar New Year celebration included a visit from Councilman Shekar Krishnan, who gave remarks, followed by a program of activities for all ages. Attendees enjoyed a lion dance performance, zodiac crafts, demonstrations, lucky plant sales and more. Miffy was in attendance for photos, story time and to greet children throughout the event.

Mets owner Steve Cohen hosts second community visioning session regarding development of area around Citi Field

Hundreds of community residents and leaders gathered at the Piazza Club inside Citi Field to participate in a visioning session regarding the development of a nearby 50-acre lot. This marked the second visioning session New York Mets owner Steve Cohen has hosted at Citi Field in January as he attempts to collect as much community feedback regarding the development as possible.

Attendees of the visioning session went to a series of interactive stations, sharing what mattered most to them when it came to improving the area around Citi Field, including preferred forms of year-round entertainment, ability to access different forms of transportation and attainable local jobs and training. Information and input was collected from the community in how they would like to see the lot utilized. A common theme among many of those who took part in the visioning session was the desire to see something built there that would bring a lot of economic opportunity to the community and provide year-round entertainment.

NewYork-Presbyterian Queens doctor aims to bring awareness to women’s heart health

With February marking the beginning of American Heart Month, a cardiologist from NewYork-Presbyterian Queens Hospital spoke with QNS about the importance of heart health for women.

According to attending cardiologist Dr. Joanna Troulakis, approximately 400,000 women die as a result of cardiovascular diseases each year in the United States. She noted that women have suffered more cardiovascular disease deaths than men in recent years. When it comes to heart attacks, the mortality rate for women is higher than men.

BP launches new advisory panel for youth to become civically engaged in the future of Queens

In an effort to get more young people involved in civics, Queens Borough President Donovan Richards has created a new advisory panel known as the Youth and Young Adult Council to introduce the “youngest and fiercest” community advocates to both community service and organization.

Members of the advisory body will advocate concerns through means of community engagement by participating in one of two cohorts. The first will be made up of high school representatives between the ages of 13 and 17, while the second cohort will be comprised of young adults between the ages of 18 and 25.