Nice! Same form-factor but better rendered(?) than what I posted in this thread previously.
Per NYguy on SSP
Developers Tavros Capital and Charney Companies in partnership with Incoco Capital have landed $525 million of construction financing plus a new equity partner for their 55-story residential tower project in Long Island City, Queens, Commercial Observer has learned.
Madison Realty Capital provided a $425 million loan for the 600-unit condominium project at 24-19 Jackson Avenue in Long Island City’s Court Square area, according to the development team. Kushner Companies and its capital partner, OneIm, also supplied a $100 million preferred equity investment as part of the deal that closed Tuesday afternoon.
In addition to the residential component, the FX Collective-designed development will also include roughly 80,000 square feet of retail space featuring Chelsea Piers Fitness and Whole Foods. Chelsea Piers Fitness inked a 72,000-square-foot lease at the property in July 2023.
The project is set to break ground this month and is slated for completion in spring 2028. Community amenities in the building have not been announced.
Now that financing has been secured, hope we can see movement soon on this lot. It has been an eyesore for the longest time
Addendum: that would be the first Whole Foods market in Queens, and right across the Traders Joe
groundbreaking soon?
Just elated to finally have some activity on this site that sat dormant for far too long. Hoping to see activity on the lot next to Aura LIC soon, that one has an even more central location on the skyline
about damn time they started it
So much crappy graffiti in Queens. 
Woooooooo! Let’s go!!
What a mess!
…it’s a construction site
I know!
This new development looks like it may be the winner of the coveted Vitruvian Triad Award: Utility, Solidity and Beauty. I know there is beauty - I see the architectural design - it is tastefully done.
The solidity, and utility I am not so sure of at this point - but the Charney Companies goal is
“to deliver high quality and thoughtful real estate”. This is at least the claim in their website; and I have generally found the claim to be true as a casual observer of previous projects.
So perhaps solidity and utility will be achieved in the final execution of the new condo building.
As the saying goes: the proof is in the pudding. 
So far so good - this is a great project to follow.
PS- There is no such thing as a Vitruvian Triad Award: I made that up. 