# NEW YORK | 24-02 Queens Plaza South | 456 FT | 40 FLOORS

**URL:** <https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355>\
**Category:** Under Construction\
**Created:** [September 18, 2020, 8:41pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355 "2020-09-18T20:41:45Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\
**Post date:** [September 18, 2020, 8:41pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/1 "2020-09-18T20:41:45Z")

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[https://www.dailybeatny.com/2020/09/18/joshua-zinn-buys-lic-development/](https://www.dailybeatny.com/2020/09/18/joshua-zinn-buys-lic-development/)

[https://www.bizjournals.com/newyork/news/2020/09/18/long-island-city-site-sells-for-40-million.html](https://www.bizjournals.com/newyork/news/2020/09/18/long-island-city-site-sells-for-40-million.html)

According to the article, this will be a life science facilities after the trade school’s lease expires.

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**Author:** ![baronson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/baronson/32/190290_2.png) [@baronson](https://forum.newyorkyimby.com/u/baronson)\
**Post date:** [January 5, 2024, 4:07am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/2 "2024-01-05T04:07:54Z")

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I’ve been trying to track all the projects remaining to fill in the gaps of the LIC skyline and found this update.

> **[Carlyle ditches plans, sells LIC site for $49M](https://therealdeal.com/new-york/2023/08/31/carlyle-sells-lic-site-for-49-million-three-years-after-purchase/)**
>
> Montperia Group could have a condo project in its sights, based on the firm’s history.

# Carlyle ditches plans, sells LIC site for $49M

## Condo developer and construction firm revealed as buyer

TRD Staff

 ![Carlyle Sells LIC Site for $49 Million Three Years After Purchase](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/2/72ec0e50c62abeea0c25b5e8bc47ae316b13a96b.jpeg)

Carlyle Group CEO Harvey Schwartz and 24-02 Queens Plaza South in Long Island City (Getty, Google Maps)

Three years after buying a Long Island City site with a commercial building in mind, the Carlyle Group has shuffled it to another developer.

Montperia Group — formerly known as Ampiera Group — and JLS Construction purchased the property at 24-02 Queens Plaza South for $49 million, Crain’s [reported](https://www.crainsnewyork.com/real-estate/carlyle-group-sells-long-island-city-trade-school-building). News of the sale was first reported by [PincusCo](https://www.pincusco.com/carlyle-botanic-sell-lic-industrial-for-49m-to-ampiera-group/).

Carlyle purchased the home of the Apex Technical School from Atlas Capital in 2020 for $40 million. At the time, Carlyle planned to raze the building and put up a 270,000-square-foot commercial property, according to Crain’s. Apex vacated the site earlier this year, but Carlyle never moved ahead with construction.

Maxim Credit Group provided a $25 million acquisition mortgage to the buyers. Montperia and Carlyle both declined to comment when approached by Crain’s.

When emailed by _The Real Deal_, Quantierra’s Benjamin Carlos Thypin, — who represented the buyers in the acquisition — pointed to the sale as a demonstration of the strength of New York City’s residential land market where developable land is scarce, even in a post-421a era.

While Montperia’s plans for the site are unknown, the developer’s past history suggests a condo project is a strong possibility. A school building on the property spans 74,000 square feet, but the site has 110,000 square feet of additional air rights and zoning that allows for residential or industrial use, according to PincusCo.

This year, Ampiera filed plans for a 63-unit project in Sunnyside, proposed to include 85,000 square feet of total residential and retail space, though it’s unclear if the units will be rentals or condos. As with the firm’s latest purchase, it’s also unclear how it is handling the built property already on site.

Carlyle, a private equity giant, has been stitching together a massive portfolio of small Brooklyn apartment buildings, ultimately exceeding 130 properties, _The Real Deal_ first reported last year.

— _Holden Walter-Warner_

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<div class="post-metadata">

**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\
**Post date:** [August 5, 2024, 12:35pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/3 "2024-08-05T12:35:51Z")

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> **[Permits Filed for a 40-Story Tower at 42-19 24th Street in Long Island City,...](https://newyorkyimby.com/2024/08/permits-filed-for-a-40-story-tower-at-42-19-24th-street-in-long-island-city-queens.html)**
>
> Permits have been filed for a 40-story mixed-use building at 42-19 24th Street in Long Island City, Queens.

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**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [September 12, 2024, 10:58pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/4 "2024-09-12T22:58:27Z")

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They gutted most of the building. Basement garage is cleared.

 ![1000027800](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/2/42392709b3455f0f669d41bb2a987cc7c2d022a5.jpeg)

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**Author:** ![JohnFloreville](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/johnfloreville/32/173234_2.png) [@JohnFloreville](https://forum.newyorkyimby.com/u/JohnFloreville)\
**Post date:** [January 30, 2025, 8:47pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/5 "2025-01-30T20:47:32Z")

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![IMG_5335](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/a/1a350149f1cbe4b9b5966857456a04958c139de8.jpeg)  
Demolition has begun here

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**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [February 16, 2025, 9:12pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/6 "2025-02-16T21:12:25Z")

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![1000031600](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/a/5abc5ac28cfdbf3d696923f54ac80a1c145c3535.jpeg)

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**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\
**Post date:** [April 11, 2025, 2:25pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/7 "2025-04-11T14:25:56Z")

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> **[New Residential and Commercial Projects Underway In Long Island City, Queens...](https://newyorkyimby.com/2025/04/new-residential-and-commercial-projects-underway-in-long-island-city-sunnyside-queens1972173.html)**
>
> YIMBY captured several upcoming low-rise residential and commercial projects coming soon to Long Island City, Queens.

Photo by Michael Young

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/f/f/ff04213ec043c5cd4bed32593c5b7859a9a4408e.jpeg)

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<div class="post-metadata">

**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\
**Post date:** [July 16, 2025, 9:49am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/8 "2025-07-16T09:49:26Z")

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> **[Maxim Capital Lends $115M on Long Island City Condo Tower Build ](https://commercialobserver.com/2025/07/long-island-city-queens-condo-tower-construction/)**
>
> Montperia Group and JLS Construction landed $115 million of construction financing to build a condominium tower in Long Island City, Queens.

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**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [September 9, 2025, 2:07am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/9 "2025-09-09T02:07:15Z")

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![1000036832](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/1/c140b761f621aa54d56ceb8a220188e7317d09b1.jpeg)

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**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [November 21, 2025, 12:02am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/10 "2025-11-21T00:02:51Z")

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![25030](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/3/332ef37e0d57b9c9537eb712443d300ee2d5ac2a.jpeg)  
 ![25031](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/d/6d252313f5d4a31aebf2b8621704bea141a8af1b.jpeg)

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**Author:** ![Nickfloyo](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/nickfloyo/32/173662_2.png) [@Nickfloyo](https://forum.newyorkyimby.com/u/Nickfloyo)\
**Post date:** [February 26, 2026, 5:12am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/11 "2026-02-26T05:12:05Z")

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I discovered that they are making the construction build into a mini story series. [Link Here](https://www.instagram.com/building_nyc_tower?igsh=MWZ6c3ZrdThmZnpwdw==)

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**Author:** ![arctic\_camel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/arctic_camel/32/186335_2.png) [@arctic\_camel](https://forum.newyorkyimby.com/u/arctic_camel)\
**Post date:** [April 14, 2026, 9:36pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/12 "2026-04-14T21:36:12Z")

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![671183120179615438731012341638505364679762043n](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/a/4add00c58915e87b8cfc5f362187fb9155a03033.jpeg)  
 ![670646573179615438881012341273470475369542292n](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/7/37c91711d907865d27d1acbfabb5920a9a4f3eec.jpeg)  
 ![66987021117961543879101234278951598153255595n](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/0/e0ad1a210e49b6bca4a123d92ab8da26ff2db062.jpeg)

[source](https://www.instagram.com/tectonicphoto)

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**Author:** ![baronson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/baronson/32/190290_2.png) [@baronson](https://forum.newyorkyimby.com/u/baronson)\
**Post date:** [April 14, 2026, 10:56pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/13 "2026-04-14T22:56:45Z")

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Just now

 ![IMG3471](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/a/aaa3dcdb5ba78fb3eead5f34989c5fe4e8153a16.jpeg)

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**Author:** ![infoshare](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/infoshare/32/18825_2.png) [@infoshare](https://forum.newyorkyimby.com/u/infoshare)\
**Post date:** [April 15, 2026, 10:33am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/14 "2026-04-15T10:33:11Z")

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> [@Nickfloyo](#):
>
> I discovered that they are making the construction build into a mini story series.

**Great post:** all the instagram links tell the story of the construction process. Thanks.

There is also some good construction process posts over at SSP… 🤩  
[https://skyscraperpage.com/forum/showthread.php?p=10283193](https://skyscraperpage.com/forum/showthread.php?p=10283193)

**PS.** _Dont miss the part covering the BIM and NAVIS model coordination on the instagram link posted above by Nickfloyo._

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**Author:** ![adam\_James](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/adam_james/32/179610_2.png) [@adam\_James](https://forum.newyorkyimby.com/u/adam_James)\
**Post date:** [April 26, 2026, 6:44pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/15 "2026-04-26T18:44:08Z")

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Facade’s going up, APR 26, 2026

 ![IMG8047](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/5/253cab52ce346e4392aa810003da6e4b6eba1787.jpeg)  
 ![IMG8048](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/7/1741b69391c06b9b9c4102675308a785ab42498a.jpeg)  
 ![IMG8049](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/4/446eff256ed301204e01a7a69e6fefc86b6d6ea7.jpeg)  
 ![IMG8056](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/d/4ddb80d54f9baba733965593157b554f1eb16522.jpeg)  
 ![IMG8053](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/5/e55a3baa8e8a965dda612408914c7d6bb3aa268c.jpeg)

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<div class="post-metadata">

**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\
**Post date:** [May 2, 2026, 4:55pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/16 "2026-05-02T16:55:58Z")

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![33664](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/f/2/f23847057f895c890055511b226306f2ac1ce705.jpeg)  
 ![33669](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/3/a317d6632c4ea12a4e9272da6441de029f6c9cb7.jpeg)  
 ![33646](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/a/caa56634e14e72d4fbb7f5702c4a35891456edbb.jpeg)  
 ![33660](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/9/b/9b8a08c0b4950c117c5f9553340a775bdb87652d.jpeg)  
 ![33659](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/8/88e81e5a64a8d96901f110bdd7295888c62d2217.jpeg)

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<div class="post-metadata">

**Author:** ![tone99loc](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tone99loc/32/18833_2.png) [@tone99loc](https://forum.newyorkyimby.com/u/tone99loc)\
**Post date:** [May 22, 2026, 1:06am UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/17 "2026-05-22T01:06:39Z")

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![IMG_5131](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/d/bd9176826ba3e9a2120a7856c04d6a2e2e0c5ae5.jpeg)

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<div class="post-metadata">

**Author:** ![tone99loc](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tone99loc/32/18833_2.png) [@tone99loc](https://forum.newyorkyimby.com/u/tone99loc)\
**Post date:** [June 26, 2026, 3:04pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/18 "2026-06-26T15:04:29Z")

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![IMG_6454](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/9/3914209cbd8f89b3609e1f1dbe987be252b489b4.jpeg)  
 ![IMG_6456](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/8/88151e94d7fbdff1a533c64cc16d007f3c0612bb.jpeg)  
 ![IMG_6457](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/5/35f364070bd1bc4751a0c63b788557a6f9f9ac83.jpeg)  
 ![IMG_6458](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/6/7699bbe6522e7070c88998cda774e93b7fb2ea62.jpeg)  
 ![IMG_6460](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/4/a4aaf7a99519d7a7986a3ed1b9a3069575c13e08.jpeg)

it’s around floor 25 or 26 now …

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<div class="post-metadata">

**Author:** ![psylock](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/psylock/32/174060_2.png) [@psylock](https://forum.newyorkyimby.com/u/psylock)\
**Post date:** [June 26, 2026, 4:28pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/19 "2026-06-26T16:28:34Z")

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Do we have an idea what they’re planning to the space next to it?

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<div class="post-metadata">

**Author:** ![Nickfloyo](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/nickfloyo/32/173662_2.png) [@Nickfloyo](https://forum.newyorkyimby.com/u/Nickfloyo)\
**Post date:** [July 6, 2026, 11:28pm UTC](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355/20 "2026-07-06T23:28:07Z")

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> **[Building NYC Tower on Instagram: "Miss this step, and you could be chasing...](https://www.instagram.com/reel/DabTKdfByqY/?igsh=MWZ4cjRrbm5ldDRmZA==)**
>
> 61 likes, 5 comments - building\_nyc\_tower on July 5, 2026: "Miss this step, and you could be chasing water leaks later.
> 
> Day 119 — before applying the waterproof firestop at the curtain wall slab edge, always caulk between the curtain wall mullions...

This “building a tower in nyc” series is still going and is on day 119. Pretty interesting to check out and see how a building gets constructed and the process.

[Next page](https://forum.newyorkyimby.com/t/new-york-24-02-queens-plaza-south-456-ft-40-floors/17355.md?page=2)
