Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Schwimmer’s 500-Unit LIC Project Unveiled | Real Estate News
Developer Jacob Schwimmer is revving up a massive new residential project in Long Island City, proposing nearly 500 apartments across five 99-unit buildings—a clever regulatory workaround. The land, owned by heirs of late Dieter Holterbosch, is still pending purchase confirmation. This comes after Schwimmer’s JCS Realty Group secured $165M for a Bronx mixed-use project two years ago. With Queens’ recent rezoning approval paving the way for thousands of new homes—including affordable units—and architect Joseph Frankl on board, this marks a major comeback for Schwimmer in one of NYC’s hottest…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.