TF Cornerstone begins leasing at newest Hunters Point South tower


TF Cornerstone (TFC) has launched leasing for its 209 market
rate apartments at 5241 Center Blvd, the shorter of two new towers at the 1,194-unit
second phase of Hunter’s Point South in the Long Island City waterfront.

5241 Center Blvd features 394 apartments. Leasing for the
185 affordable units in the tower began last fall.

The sibling North tower, located at 5203 Center Boulevard,
is expected to commence for its 534 affordable and 266 market rate units in the

The two properties will share amenities which include a multitude of terrace, roof, BBQ and sun decks, clubrooms, fitness centers, yoga studios, a lounge, children’s playroom, laundry facilities, bicycle storage, and TFC’s co-working space, HomeWork.  They are anchored by a new half-acre park designed by Matthews Nielsen Landscape Architects.

Rents start at $2,983 net. The developer is currently offering two months free rent and paying broker fees.

“Living on the Long Island City waterfront, surrounded by
nature, while having the city that never sleeps only a train stop away, is a
miracle of proximity and practicality. The breeze, the light, the trees, and
the open space are rejuvenating in a way that we never fully recognized before
the pandemic. 5241 Center Blvd and the Hunter’s Point South waterfront
neighborhood is a tonic for every generation,” said Zoe Elghanayan, Principal
and Senior Vice President at TF Cornerstone.

5241 Center Blvd and 5203 Center Blvd were designed by ODA along
with SLCE as the architect of record.

Hunter’s Point South Park is part of the Hunter’s Point
South master planned mixed-use development and provides public access to the
Queens coastline. The 11-acre park stretches along the East River south of
Gantry Plaza State Park and sits right outside 5241 Center Blvd and 5203 Center

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