Construction has started on Skyline 29, a 47-story residential tower at 29-55 Northern Blvd in Long Island City. The $400 million project from L+M Development Partners will add 605 apartments to the Queens waterfront by late 2026.

The new ceremony for Skyline 29 drew city officials and local leaders to Hunters Point on Tuesday, capping months of anticipation around the future of LIC’s booming waterfront. The tower, sited at the former home of a plumbing supply warehouse near the Pulaski Bridge, is slated to include 605 apartments—30% of which will be income-restricted—and 15,000 square feet of ground-floor retail space.

L+M Development Partners, the developer behind affordable housing projects in East Harlem and the Bronx, is betting big on the Queens waterfront. “Long Island City is at the center of the city’s next wave of growth,” said Ron Moelis, CEO of L+M, at the event. “Skyline 29 will deliver much-needed apartments and new retail to a neighborhood where demand is sky-high.”

The 47-story glass tower, designed by Handel Architects, will join a slew of new developments stretching from Gantry Plaza State Park to Queens Plaza. According to filings with the Department of Buildings, the project includes a rooftop pool, co-working lounge, and bike storage. Skyline 29 sits within a five-minute walk of the Queens Plaza subway hub, connecting residents to the E, M, and R trains.

Local officials, including Council Member Julie Won, have pressed developers for more affordable units across Long Island City as towers sprout along the East River. At the ceremony, Won said, “Projects like Skyline 29 help keep LIC accessible to longtime New Yorkers—not just newcomers or investors.” Leasing is expected to begin in spring 2026.

Frequently Asked Questions

Where exactly is Skyline 29 being built?

Skyline 29 is going up at 29-55 Northern Blvd in the Hunters Point section of Long Island City, Queens. The site is just south of the Queens Plaza E/M/R station and a few blocks from the Pulaski Bridge, placing it close to major transit and the growing LIC waterfront district.

How many affordable units will the project include?

Out of the 605 apartments planned at Skyline 29, roughly 30% (about 180 units) will be designated as income-restricted. These affordable units will be distributed throughout the building and available by NYC Housing Connect lottery closer to completion.

When is Skyline 29 expected to be completed and open for leasing?

L+M Development Partners expects to finish construction in late 2026. Apartment leasing at Skyline 29 is set to begin in spring 2026, several months before the full building is ready for move-ins, with applications for affordable units to follow suit.

Frequently Asked Questions

Where is Skyline 29 being built?

Skyline 29 is being built at 29-55 Northern Blvd in the Hunters Point section of Long Island City, Queens, near the Queens Plaza E/M/R subway station and the Pulaski Bridge.

How many apartments will Skyline 29 have and how many are affordable?

Skyline 29 will have 605 apartments, with about 180 units (30%) designated as income-restricted affordable housing.

When will Skyline 29 be completed and when does leasing start?

Skyline 29 is expected to be completed in late 2026, with apartment leasing set to begin in spring 2026.

Who is developing Skyline 29 and how much is being invested?

L+M Development Partners is developing Skyline 29, investing $400 million in the project.

What amenities and retail space will Skyline 29 offer?

Skyline 29 will include 15,000 square feet of retail space, a rooftop pool, a co-working lounge, and bike storage.

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