Luxury Long Island City High-Rise Boasting Sweeping Manhattan Views Prepares to Welcome First Residents
The final touches will be put on New York City’s newest luxury residential tower soon ready to welcome residents.
The Orchard is an 823-foot tall building in Long Island City, Queens. The tower has a 360-degree panoramic view of the city, including stunning views of the Manhattan skyline and an abundance of amenities.
The 70-story building is located at Orchard Street and Jackson Avenue, covering a full city block. The exterior combines brick, glass, and steel in a nod to the area’s rich past. Residents will be located in the heart of Long Island City, across the East River from Manhattan. Cafes, galleries, and shops dot the area, with easy access to subway and train lines, boat and bike stations.
The building has 824 apartments with rental prices ranging from $3,000 to $10,000 and up. The median asking rent in New York City is $2,898.
“Since we have owned the area for almost 60 years, we are determined to create a development that respects the history of the area and enhances its modern character,” he said. Lloyd Goldmanpresident of BLDG Management.
“From apartments to New York’s largest private estate, we’ve created an unparalleled living experience and look forward to welcoming our first residents as this amazing new chapter comes to life.”
The Orchard offers studio to three-bedroom residences, some houses have private balconies or terraces. Residents can choose from four collections: The Residences, The Terrace Collection, The Premier and Penthouse Collection, and The Sky Collection.
All options will offer open layouts with high ceilings and large windows to welcome natural light. Kitchens have modern appliances and stainless steel appliances. Each unit has laundry, programmable climate control, pre-wired WiFi, and sun shades, as well as blackout shades in the bathroom.
Resources are plentiful
The heart of the building is a 60,000 square meter square called “The Courtyard”, which includes a beautiful landscape, an apple orchard with shady paths, a resort-style pool with cabanas, three pickleball courts, a running track, an outdoor media screen for movies and events, a beautiful lawn for picnics and relaxation, a yoga deck, a yoga lounge, a yoga lounge, a yoga area of rest. fire pit, children’s playground, and fenced dog park.
The “Fieldhouse”, on the third floor, features a fitness center with a boxing studio, dedicated Pilates space, full-size basketball court, indoor swimming pool, hot tub, steam room, and sauna. There is also an indoor “Treehouse” for children.
On the fourth floor, the Commons has various areas for entertainment, relaxation, and dining. There is a multi-game simulator, a full-size arcade room with pingpong and billiard tables, and theaters with kitchens.
The business center has co-working spaces, workspaces, conference rooms, and a podcast studio and lounge. The 70th floor Sky Lounge is open to residents to view the city skyline and offers a bar, full-service kitchen, seating and a fireplace.
“Long Island City is one of the strongest residential markets in New York, with a strong demand for full-time living,” it said.Jodi Stassesenior vice president of new development at The Corcoran Group, exclusive marketing and leasing agent for The Orchard.
“The Orchard takes that lifestyle to the next level with stunning architecture, thoughtfully designed interiors, and expansive outdoor spaces. From rooftop dining and interactive lounges to pet-friendly spaces and basketball and pickleball courts, every detail has been chosen to inspire. A community with something for everyone—where luxury meets sophistication.”
The Orchard comes with a two-story parking garage with rental spaces, bike storage, a resident lounge, and a dog washroom.
Leasing is open, and the first residents moved in in February.
Lucky lottery
Of the 824 residences, 576 are rented at market rate, but 248 will be part of a lottery that offers low-cost homes to qualified residents.
Residents selected in the lottery will be guaranteed rent-stable housing, one month free in one or two years, a 25% discount on the first-year subsidy and a 10% discount on the second-year subsidy, and a $1,500 security deposit discount.
To qualify for the lottery, household size and income will be considered. To give you an idea of the income required: a one-bedroom, stable unit will run between $3,250 and $3,599 per month. A person’s family size requires a minimum income of $104,983 and an income of $147,420 to qualify.
A three-bedroom, stable unit will cost $4,925 a month and a family of four needs a minimum income of $178,560 and an income of $210,600 to be considered for the lottery. Applications close in two weeks.
