LONG ISLAND CITY — A 70-story apartment building is set to rise in Queens Plaza and become the tallest building in the borough, dwarfing the 50-story Citigroup tower in Court Square, records show.
Developer Property Markets Group plans to build the 772-foot tower at 29-37 41st Ave., containing 930 apartments, retail space, a parking garage with 100 spaces and amenities, including a health club and swimming pool, according to the DOB.
The Real Deal initially reported the plan.
If built, the property would be the tallest building in Queens. It would surpass the Citigroup building — standing at 660 feet, according to a New York Times article from the time of its construction — currently the borough's tallest, the Department of City Planning said.
The site is an L-shaped vacant lot that wraps around the Clock Tower next door, according to a real estate listing for the property. Queens Plaza Park Development LLC bought the property for $46 million in November last year.
The same entity also owns the Clock Tower, a former Bank of Manhattan Building, which local residents are pushing to get landmarked.
The developer declined to comment.