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rare sighting on this page, a 30-foot dragon will take center stage at The Baseline, a new one-acre park under the 59th Street Bridge ramps in Queens. This park, set to open next year, is nestled between two Long Island City apartment towers developed by Fetner Properties and Lions Group.
The Bold's 164 units, including 50 affordable ones, are fully rented, while leasing has begun at sister building The Italic, which boasts 363 units with 109 designated as affordable. The 50-story tower features a state-of-the-art fitness center and rooftop terrace.
The Baseline park, designed by Studio V and LVF Landscape Architects, will offer children's playgrounds, a dog run, public seating, extensive plantings, and a public art space. Funding comes from $5.5 million provided by the developers and a $2.4 million grant from Gov. Kathy Hochul.
In a boost to Midtown leasing, Pinterest is taking 83,000 square feet on the entire 13th floor at SL Green's 11 Madison Ave. The social media platform will leave behind 40,000 square feet at 225 Park Ave. South, bringing 11 Madison to 92% leased with an asking rent of $90 per square foot.
