New York Real Estate Journal • World Wide Group tops out 21-story QLIC residential building; Project partners include Rabina Properties and Cammeby’s International Group

Long Island City, NY Executives at the World Wide Group (www.wwgny.com) gathered to celebrate the topping out of the 21-story, 421 unit QLIC, the residential building located at Queens Plaza North and 24th St. The $155 million QLIC, which is set to open in early 2015, will contain 275,000 s/f of residential space and 8,200 s/f of commercial space. Partners on the project include Rabina Properties and Cammeby’s International Group. Project team members include Lettire Construction Corp. and Perkins Eastman.

QLIC will provide over 25,000 s/f of amenities – including a rooftop outdoor pool with a landscaped deck overlooking the Manhattan skyline, a fitness center, a private garden, indoor parking and a bike room. In addition, QLIC residents are near a variety of retail, dining, art and cultural destinations.

QLIC is joining a host of new residential, hotel, and office developments in Long Island City. The building is within a five block radius of eight subway lines (7, N, Q, E, F, M, R and G) and the trip to 59th St.and Lexington Ave. is one stop away and takes five minutes. Additionally, the entrance to the building is adjacent to the bike path to Manhattan.

“QLIC will reflect and contribute to the liveliness and energy of Long Island City,” said David Lowenfeld, COO of World Wide Group. “QLIC will offer New Yorkers a home unlike any other in the area, with beautiful apartments, unmatched amenities including an outdoor swimming pool, and convenient access to multiple transportation options. This significant project milestone puts us one step closer to realizing this vision. We look forward to welcoming our first residents in early 2015.”