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Paragon Condo Launch Ignites LIC Demand | Real Estate News
ZD Jasper’s new waterfront condo project, the Paragon in Long Island City, is already flying off the shelves—30% sold before launch. This 182-unit, 23-story building, rising on the site of the old Paragon Paint Factory, taps into a rare market gap with its prime views and industrial-chic lofts. Priced from $655K to $4.7M, it’s targeting young professionals and families ready to upgrade from rentals. Despite a sluggish LIC condo market, the project’s premium pricing—over $1,700/sq ft—is paying off, with all four-bedroom units snapped up pre-launch. Backed by a $125M construction loan and a…
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