You are reading

Affordable Housing Lottery Opens for TF Cornerstone Building on Long Island City Waterfront

Hunters Point South rendering, courtesy TF Cornerstone

Sept. 23, 2020 By Christian Murray

The affordable housing lottery has opened for TF Cornerstone’s two-tower development that is part of the Hunters Point South 5,000-unit mega plan.

TF Cornerstone announced today that applications are now being accepted for 185 of the 719 affordable units that are being built. Applicants are required to apply on the NYC Housing Connect website and the lottery is open until Nov. 23.

The 185 units will be in the south tower of the development that is going up at 52-41 Center Boulevard.

There are 80 units at 50 percent Area Median Income up for grabs, as well as 65 units at 130 percent Area Median Income and 40 units at 165 AMI (see chart below).

The units are going to be in demand.

In 2014 when the lottery was held for 925 affordable units as part of Phase 1 of the Hunters Point South development 93,000 people applied. The apartments were built by Related Companies on what’s known as Parcels A and B of the seven-parcel HPS development.

TF Cornerstone towers going up (Photo: Queens Post)

The TF Cornerstone development—going up on what’s known as Parcel C– includes a north tower that is 55 stories and a south tower that is 44 stories.

The north tower will have 800 units—including 8,000 square feet of commercial space– and the south tower 394 units. The south tower will include about 6,500 square feet of commercial space and an 8,000 square foot community center.

The two towers will bring 1,194 rental units combined, with a mix of studios, one and two-bedroom apartments.

Sixty percent of the 1,194 apartments will be permanently affordable to low, moderate and middle income residents– 100 of which will be set aside for low income seniors.

Half of the affordable units are being set aside for residents of Queens Community Board 2, which covers Sunnyside, Woodside and Long Island City.

“Hunters Point South is providing New Yorkers from a diverse range of incomes with safe and secure affordable housing in an amenity-rich, waterfront development,” said NYC Housing Development Corp. President Eric Enderlin.

“This lottery will provide 185 individuals and families greater housing and economic security at a time it is needed most,” Enderlin added. “I encourage those who are interested and eligible to visit the new and improved NYC Housing Connect to apply today.”

The applications for the 185 affordable units in the south tower begins today, with leasing for the remaining 209 market rate units expected to begin toward the end of this year.

Leasing for the 534 affordable and 266 market rate units in the sibling North tower, located at 5203 Center Boulevard, is expected to commence in the summer of 2021.

The TF Cornerstone project also includes a stand-alone school.

The two towers are located flush against the perimeter of the parcel on Center Boulevard. There is a cleared-out space in the middle of the site for the school playground and public space that goes toward waterfront.

The project has undergone a series of delays stemming, in part, from the complex infrastructure running below the site. The design had to be changed to make way for Amtrak tunnels and the powerlines below, as well as the late addition of the school.

The opening of the building will be a significant step in the massive, 30-acre Hunters Point South development. The greater HPS development will bring 5,000 housing units spread across seven parcels from 50th Avenue to the Newtown Creek.

Rendering of Hunters Point South development

The first two parcels—referred to as Parcels A and B—were completed by Related in 2015, bringing 925 units and an 1,110-seat school.

The city has selected a development partnership for parcels F and G. In 2018, real estate firm Gotham and non-profit Riseboro Community Partnership, were picked by the city to bring 1,120 units to be spread out on the two parcels.

Of the units, 900 will be permanently affordable, including 93 for seniors.

A standalone elementary school is currently going up on Parcel F.

The parcels are located on the southernmost portion of the development and are flush along 57th Avenue and 2nd Street.

Parcels D and E have been used for construction staging while the other sites are being developed.

The creation of Hunters Point South Park is part of the overall development. The first phase opened in 2013 and the second phase in 2018. The combined park is now 11 acres.

Income Levels (NYC Housing Connect)

email the author: news@queenspost.com

3 Comments

Click for Comments 

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.


The reCAPTCHA verification period has expired. Please reload the page.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Fall fun in western Queens: Your guide to the best seasonal events

Aug. 29, 2025 By Jessica Militello

With beach days and summer BBQs behind us, the start of September rings in the start of magnificent Fall foliage, Halloween and more fun activities that come with the start of Autumn, including a list of Fall events in the area. From apple picking to seasonal ciders and more, there is tons to explore in the community. From Mystic Markets to scary movie meet-ups and more, here is a list of Fall events you do not want to miss.

A hidden gem in Sunnyside: Bistro Punta Sal blends Peruvian and Italian flavors

Aug. 29, 2025 By Jessica Militello

On a quiet street in Sunnyside, Bistro Punta Sal has its French doors wide open, letting the late August breeze emanate throughout the space, which is ornate with flowers, paintings and an array of tables and chairs for intimate dinners with friends or a romantic date night. The cozy restaurant, located at 45-51 46th St., is a hidden gem in the neighborhood that is just waiting to be discovered, as the sights and aromas of the restaurant invite guests in. 

Off-duty paramedic spots South Richmond Hill two-alarm house fire that injures nine firefighters, two civilians on Friday morning: FDNY

Nine firefighters were injured, two of them seriously, and two civilians sustained minor injuries during a two-alarm house fire in South Richmond Hill on Friday morning, but it could have been worse if not for the actions of an off-duty veteran EMT.

Paramedic Craig Biscuiti was driving to work when he noticed a column of thick black smoke and heavy flames coming from the first floor of a two-story home at 95-36 111th St. just before 7:10 a.m.

Astoria doctor sentenced to more than two decades in prison for rape and sexual abuse: DA

An Astoria doctor was sentenced to 24 years in prison on Thursday in Queens Supreme Court for raping unconscious acquaintances and sexually abusing hospital patients.

Dr. Zhi Alan Cheng, 35, of Broadway, pleaded guilty on June 30 to four counts of rape in the first degree and three counts of sexual abuse in the first degree in satisfaction of the consolidated indictments against him. He additionally entered an Alford plea to one count of sexual abuse. The defendant — a former gastroenterologist at New York-Presbyterian Queens Hospital — recorded the abuse of his unconscious victims with his cell phone in both his Astoria apartment and at the hospital.

Brooklyn man charged with animal cruelty for duct taping pit bull in Gwen Ifill Park in Locust Manor: DA

A Brooklyn man was charged with animal cruelty, menacing, and other related crimes after he allegedly wrapped duct tape around the mouth, eye and legs of a pit bull at Gwen Ifill Park in Locust Manor, as well as keeping that dog and four others in unsanitary conditions in the back of a van.

Kristopher Fyffe, 38, of East 83rd Street in Canarsie, was arraigned on Monday night in Queens Criminal Court on a criminal complaint charging him with overdriving, torturing, and injuring animals/failure to provide sustenance; two counts of menacing in the second degree; five counts of failure to provide proper food and drink to impounded animal; two counts of harassment in the second degree; and registration of motor vehicles/fees/renewals.