Crescent Street Development

New ground-up multi-use residential and commercial building in downtown Long Island City, comprised of 184 market-rate rental apartments with 20,000 sq.ft. of commercial ground-floor retail space and an underground parking garage.

Amenities include a fitness center, spa studio, yoga studio, virtual simulation room, a children's play room, a private screening room and multiple meeting rooms.

• Developer: Watermark Capital Group
• Architect of Record: Dan Ionescu Architects
• Associate Architect: HUE Architects
• Renderings: by#SpaceCtrl
• Location: Long Island City, NY
• Area: 195,000 sq.ft.
• Stories: 26
• Units: 184 apartments
• Year: 2026 completion