CLIENT: Trimont Real Estate Advisors/JP Morgan
LOCATION: Long Island City, NY
Skyline Tower ranks as New York’s tallest skyscraper outside of Manhattan. The property, designed by Hill West Architects, consists of a 68-story, mixed-use tower currently under construction, with an anticipated completion date scheduled for Spring of 2021. The property will have 802 condominium residential units, amenity spaces, cellar and ground floor commercial space, and one above-grade parking level with double stackers. The project is a 960,996-square-foot development and is the tallest tower in the borough of Queens, NY. The project includes the demolition and reconstruction of an MTA train station, and the building holds a dedicated entrance to the Court Square-23rd Street station of the E, G, M and 7 trains, which puts Midtown within a five-minute commute.
Marx|Okubo assisted the client with construction loan monitoring services for the building. The project started with Marx|Okubo reviewing the program and design requirements, team components, budget and schedule. Then, the team conducted a pre-construction project review. From there, Marx|Okubo moved into construction loan monitoring services which included, but were not limited to, monthly site walks, meetings with OAC for requisition review, review of stored materials and change orders.