{"id":1004185569,"date":"2017-08-01T05:20:04","date_gmt":"2017-08-01T13:20:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004185569"},"modified":"2022-12-07T12:12:56","modified_gmt":"2022-12-07T20:12:56","slug":"tf-cornerstone-tapped-for-1-5-msf-lic-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/","title":{"rendered":"TF Cornerstone Tapped for 1.5 MSF LIC Development"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004185570\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004185570\" data-attachment-id=\"1004185570\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/anable-basin-rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Anable Basin rendering\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Anable Basin rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg?w=800\" class=\"wp-image-1004185570 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\" alt=\"Anable Basin rendering\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004185570\" class=\"wp-caption-text\">Anable Basin rendering<\/p><\/div>\n<p>TF Cornerstone, along with development partners Greenpoint Manufacturing and Design Center (GMDC), Coalition for Queens (C4Q) and BJH Advisors, were selected to develop a 1.5 million-square-foot mixed-use project in <a href=\"https:\/\/www.commercialsearch.com\/news\/gene-kaufman-designed-aloft-hotel-to-open-in-long-island-city\/\">Long Island City<\/a>&#8216;s Anable Basin inlet.\u00a0<\/p>\n<p>The 4.5-acre site will include 1,000 residential units, 400,000 square feet of commercial, 10,000 square feet of industrial, 19,000 square feet of retail and academic spaces throughout.\u00a0<\/p>\n<p><em>\u201cWe are long-term investors in Long Island City and particularly the waterfront, which provides a unique mix of views, greenspace, and transit access,&#8221;<\/em> Jake Elghanayan, principal &amp; senior vice president at TFC, told<em> Commercial Property Executive. &#8220;I believe TFC and our partner organizations were selected because we eagerly embraced the city\u2019s vision to bring together a diverse set of use groups that are important building blocks of a vibrant urban community, even though each component might be not economically viable in isolation.\u201d<\/em><\/p>\n<h2>Development Breakdown<\/h2>\n<ul>\n<li>25 percent of residential units designated as affordable<\/li>\n<li>80,000-square-foot public school<\/li>\n<li>25,000-square-foot performing arts training facility<\/li>\n<li>one-acre park with recreational space<\/li>\n<li>277,500 square feet of office<\/li>\n<li>80,000 square feet of start-up office space<\/li>\n<li>22,500 square feet of pre-built, flexible incubator space<\/li>\n<li>5,000-square-foot FAB LAB for digital fabrication and hardware prototype assembly<\/li>\n<li>10,000-square-foot Arts and Technology Accelerator<\/li>\n<li>10,000 square feet of classroom space<\/li>\n<\/ul>\n<p>ODA, Handel Architects and Mathews Nielsen Landscape Architects are the architects on record.\u00a0C4Q will assist with the commercial programming to provide software training for underserved communities and serve as a connector to the technology community, GMDC will provide affordable and accessible quality industrial space, and BJH will support additional linkages to the industrial and scientific\/technology based commercial sectors.<\/p>\n<p><em>\u201cOne of the primary goals of this project is to support the commercial, technology, artisan and industrial businesses of Long Island City, while also balancing that work environment with market and affordable housing,\u201d<\/em>\u00a0added Elghanayan, in prepared remarks. <em>\u201cBy providing dedicated space for skilled job training programs, the project will generate a diverse set of economic and employment opportunities for New Yorkers.\u201d\u00a0\u00a0\u00a0<\/em><\/p>\n<p><em>Image courtesy of TF Cornerstone<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 4.5-acre site will include residential, commercial, industrial, retail and academic spaces throughout. Handel Architects, ODA and Mathews Nielsen Landscape are designing the project.<\/p>\n","protected":false},"author":746,"featured_media":1004185570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21752,1600,21742,10],"tags":[37035,37036,37034,35071],"class_list":["post-1004185569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-mixed-use","category-new-york","category-latest","category-northeast","tag-handel-architects","tag-mathews-nielsen-landscape-architects","tag-oda-architects","tag-tf-cornerstone"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TF Cornerstone Tapped for 1.5 MSF LIC Development - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TF Cornerstone Tapped for 1.5 MSF LIC Development\" \/>\n<meta property=\"og:description\" content=\"The 4.5-acre site will include residential, commercial, industrial, retail and academic spaces throughout. Handel Architects, ODA and Mathews Nielsen Landscape are designing the project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T13:20:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T20:12:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/\",\"name\":\"TF Cornerstone Tapped for 1.5 MSF LIC Development - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\",\"datePublished\":\"2017-08-01T13:20:04+00:00\",\"dateModified\":\"2022-12-07T20:12:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg\",\"width\":800,\"height\":620,\"caption\":\"Anable Basin rendering\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TF Cornerstone Tapped for 1.5 MSF LIC Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\",\"name\":\"IvyLee Rosario\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"caption\":\"IvyLee Rosario\"},\"description\":\"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\/\/www.linkedin.com\/in\/ivyleerosario\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/ivyleerosario\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TF Cornerstone Tapped for 1.5 MSF LIC Development - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/","og_locale":"en_US","og_type":"article","og_title":"TF Cornerstone Tapped for 1.5 MSF LIC Development","og_description":"The 4.5-acre site will include residential, commercial, industrial, retail and academic spaces throughout. Handel Architects, ODA and Mathews Nielsen Landscape are designing the project.","og_url":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-08-01T13:20:04+00:00","article_modified_time":"2022-12-07T20:12:56+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg","type":"image\/jpeg"}],"author":"IvyLee Rosario","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/","url":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/","name":"TF Cornerstone Tapped for 1.5 MSF LIC Development - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg","datePublished":"2017-08-01T13:20:04+00:00","dateModified":"2022-12-07T20:12:56+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg","width":800,"height":620,"caption":"Anable Basin rendering"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/tf-cornerstone-tapped-for-1-5-msf-lic-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"TF Cornerstone Tapped for 1.5 MSF LIC Development"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780","name":"IvyLee Rosario","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","caption":"IvyLee Rosario"},"description":"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\/\/www.linkedin.com\/in\/ivyleerosario\/","url":"https:\/\/www.commercialsearch.com\/news\/author\/ivyleerosario\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Anable-Basin-rendering.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004185569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/746"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004185569"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004185569\/revisions"}],"predecessor-version":[{"id":1004185664,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004185569\/revisions\/1004185664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004185570"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004185569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004185569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004185569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}