24-19 Jackson Avenue: Long Island City's Unfolding Real Estate Saga
In the bustling heart of Long Island City, a single address, 24-19 Jackson Avenue, stands as a testament to the dynamic forces shaping urban landscapes. More than just a postal code, this specific location has recently become a focal point of significant real estate activity, signaling a new chapter in the ongoing transformation of one of New York City's most vibrant neighborhoods. It's a story of ambitious development, strategic investment, and the relentless march of progress, echoing the high-stakes, real-time drama that characterizes the very essence of urban growth.
While the number "24" might instantly conjure images of a counter-terrorism agent racing against the clock in a popular TV series, the "24" in 24-19 Jackson Avenue points to a very real, high-stakes scenario unfolding in the world of property development. This isn't fiction; it's a tangible asset poised to redefine a significant portion of Long Island City, offering a compelling narrative of its own – one of substantial financial transactions, visionary architectural plans, and the promise of a revitalized community hub.
Table of Contents
- The Epicenter of Development: 24-19 Jackson Avenue in Long Island City
- Behind the Deal: Key Players and Financial Backing for 24-19 Jackson Avenue
- Jackson Avenue: A Name Echoing Across Continents
- Navigating the Urban Landscape: Finding Your Way to 24-19 Jackson Avenue
- The "24" Phenomenon: A Cultural Parallel to Real-Time Development
- Why 24-19 Jackson Avenue Matters: Investment, Growth, and Community Impact
- The Future Horizon: What's Next for 24-19 Jackson Avenue?
The Epicenter of Development: 24-19 Jackson Avenue in Long Island City
Long Island City (LIC) has long shed its industrial past, emerging as one of New York City's most sought-after neighborhoods for residential and commercial development. At the heart of this transformation lies 24-19 Jackson Avenue, an address that has recently captured the attention of real estate magnates and urban planners alike. This particular site, encompassing a substantial 267,000 square feet, represents a prime canvas for future growth, underscoring LIC's continuing appeal as a hub for innovation and urban living.
A Landmark Transaction: The $68 Million Sale
The property at 24-19 Jackson Avenue in Long Island City has been sold for a staggering price of $68,325,000. This significant transaction, which translates to a price per square foot of approximately $256, highlights the immense value and potential developers see in this strategic location. Such a substantial investment speaks volumes about the confidence in Long Island City's sustained growth trajectory and its capacity to absorb large-scale projects. The sale of this expansive site marks a pivotal moment, signaling the initiation of a new phase of development that promises to reshape the immediate vicinity.
The Vision Unfolds: Future Development at 24-19 Jackson Avenue
While the site is currently undergoing transitions, the vision for its future is already taking shape. The proposed building slated for 24-19 Jackson Avenue is ambitious, designed to hold an impressive 1,260 units. This scale of development is indicative of the pressing demand for housing in New York City and Long Island City specifically. The sheer volume of planned units suggests a significant impact on the local housing market, offering a substantial influx of new residents and further diversifying the neighborhood's demographic fabric. Such a large-scale residential project will undoubtedly bring new life, businesses, and services to the area, contributing to the vibrant tapestry of LIC.
Behind the Deal: Key Players and Financial Backing for 24-19 Jackson Avenue
A transaction of this magnitude, particularly one involving such a promising development site like 24-19 Jackson Avenue, rarely happens without the collaboration of formidable players in the real estate and finance sectors. The developers behind this ambitious project are Charney Companies and Tavros, who have partnered with Incoco Capital. These entities are known for their significant contributions to New York City's real estate landscape, bringing a wealth of experience and a track record of successful developments to the table.
The financial muscle enabling this venture is equally impressive. Financing for the project has been provided by Madison Realty Capital, Kushner, and Oneim. These are established names in real estate finance, known for backing major projects that shape urban skylines. Their involvement underscores the project's viability and the strong belief in its potential returns. Furthermore, the architectural vision for the proposed building is in the hands of Gene Kaufman Architect, a firm recognized for its prolific work across New York City, although their specific plans for this site are currently "on hold" pending further developments. The convergence of these expert teams—developers, financiers, and architects—sets the stage for a truly transformative project at 24-19 Jackson Avenue.
Jackson Avenue: A Name Echoing Across Continents
While our focus remains firmly on 24-19 Jackson Avenue in Long Island City, it's worth noting that "Jackson Avenue" is a name that resonates far beyond the confines of New York City. It's a common street name, often found in diverse communities, each with its own unique character and story. This widespread usage highlights how a simple address can represent vastly different realities across the globe, from bustling urban centers to quiet suburban enclaves.
From Residential Comforts to Urban Hubs: Jackson Avenue's Diverse Character
Consider, for instance, 19 Jackson Avenue in West Ulverstone, Tasmania, Australia. This property, built in 2019, is a modern family home with 3 bedrooms, 2 bathrooms, and 1 parking space, situated on a generous 943 m² land size. Contrast this with 19 Jackson Avenue in Karrinyup, Western Australia, a house built in 1963 with 2 bedrooms, 1 bathroom, and 2 parking spaces on a 954 m² land, which was sold in 2025. These Australian examples paint a picture of residential comfort and suburban living, far removed from the high-density development of LIC.
Even closer to home, within Long Island City itself, 2409 Jackson Ave exists, a separate address that, while sharing the street name, serves different purposes and contributes to the overall fabric of the neighborhood. And looking north, 24 Jackson Avenue in Toronto, nestled in The Kingsway just steps from Bloor, offers a perfect combination of space, style, and location in one of Toronto's most coveted neighborhoods, with a projected experience date of October 11, 2024. These various "Jackson Avenues" underscore the unique significance of 24-19 Jackson Avenue, differentiating it as a pivotal site for large-scale urban transformation rather than a typical residential street.
Navigating the Urban Landscape: Finding Your Way to 24-19 Jackson Avenue
In an increasingly interconnected world, finding specific locations like 24-19 Jackson Avenue is made effortless by modern technology. Tools like Google Maps serve as invaluable resources for navigating urban landscapes. Whether you're a potential investor, a future resident, or simply curious about the development, you can easily "Find local businesses, view maps and get driving directions in Google Maps." This accessibility is crucial for a site of such importance, allowing anyone to "Search by address to access" detailed location information, satellite views, and street-level perspectives.
The ability to virtually explore the vicinity of 24-19 Jackson Avenue provides context to its strategic placement within Long Island City. It allows individuals to understand its proximity to public transport, amenities, and other key landmarks, reinforcing its desirability. In a city where location is paramount, the ease of access and visibility provided by digital mapping services is a significant asset for any major development.
The "24" Phenomenon: A Cultural Parallel to Real-Time Development
It's an interesting coincidence that the number "24" in "24-19 Jackson Avenue" shares its numerical designation with the iconic American action drama television series, "24." Created by Joel Surnow and Robert Cochran for Fox, the series became renowned for its unique real-time format, with each of the 24 episodes covering one hour of a single day. Kiefer Sutherland's portrayal of counter-terrorism agent Jack Bauer, racing against the clock to fight global threats, captivated audiences with its relentless pace and high stakes. The first season, "Day 1," broadcast from November 6, 2001, to May 21, 2002, set the standard for a new kind of televised drama.
The Unfolding Narrative: Real Estate's Own "Real-Time" Saga
While the TV series "24" presented a fictional race against time, the world of real estate development, particularly for a site like 24-19 Jackson Avenue, often mirrors this intensity. Developers, financiers, and architects are constantly "racing against the clock" to secure deals, obtain permits, and meet construction deadlines. The process of transforming a vast 267,000 square foot property into a building housing 1,260 units is a complex, multi-faceted operation that demands real-time decision-making and rapid problem-solving, much like Jack Bauer's missions. Every day brings new challenges and opportunities, and the success of such a massive undertaking hinges on precise coordination and swift action. The narrative of urban development, especially in a dynamic market like Long Island City, is its own "real-time" saga, unfolding hour by hour, day by day, with significant financial and social implications at stake.
Why 24-19 Jackson Avenue Matters: Investment, Growth, and Community Impact
The sale and proposed development of 24-19 Jackson Avenue are not merely isolated transactions; they are significant indicators of broader economic trends and urban planning strategies. For investors, the $68,325,000 price tag and the subsequent development plans highlight Long Island City as a prime location for substantial returns. The proposed 1,260 units represent a massive influx of residential capacity, addressing the ongoing housing crisis in New York City and offering new opportunities for residents seeking modern living spaces with excellent connectivity.
From a community perspective, this development promises to further invigorate the neighborhood. An increased population brings with it a greater demand for local businesses, services, and public amenities, potentially leading to job creation and economic stimulation. However, such large-scale projects also necessitate careful urban planning to ensure that infrastructure, public transport, and green spaces can accommodate the growth. The transformation of 24-19 Jackson Avenue is a case study in how private investment can drive public good, contributing to the evolution of a vibrant, livable urban environment. It's a testament to the ongoing revitalization of Long Island City, cementing its status as a desirable destination for both residents and businesses.
The Future Horizon: What's Next for 24-19 Jackson Avenue?
As the "on hold" status of Gene Kaufman Architect suggests, the journey for 24-19 Jackson Avenue is still in its early stages, but the trajectory is clear: significant development is on the horizon. The vision of a building holding 1,260 units points towards a future where this address becomes a bustling residential hub, a vertical community within the vibrant tapestry of Long Island City. The involvement of prominent developers like Charney Companies and Tavros, backed by robust financing from Madison Realty Capital, Kushner, and Oneim, ensures that this project is poised for success.
The future of 24-19 Jackson Avenue will undoubtedly be one of continued evolution. As construction progresses, it will be fascinating to observe how this major development integrates with the existing urban fabric, contributing to the unique character of Long Island City. It represents not just a building, but a new chapter in urban living, offering a glimpse into how modern cities adapt, grow, and thrive in response to demand and visionary planning. This site stands as a powerful symbol of Long Island City's ongoing ascent as a premier urban destination.
Conclusion
The story of 24-19 Jackson Avenue is a compelling narrative of urban transformation, anchored by a significant real estate transaction and ambitious development plans in Long Island City. We've explored the monumental $68 million sale of this 267,000 square foot property, the vision for its future as a 1,260-unit residential complex, and the powerful consortium of developers and financiers driving this project. While the name "Jackson Avenue" echoes across various locations globally, the Long Island City address stands out for its profound impact on urban growth and investment.
This development is more than just bricks and mortar; it's a testament to the dynamic forces shaping our cities, offering valuable insights into real estate investment, urban planning, and community development. As Long Island City continues its remarkable evolution, 24-19 Jackson Avenue is set to become a cornerstone of its future. We invite you to share your thoughts on this exciting development in the comments below. What do you envision for the future of Long Island City, and how do you think projects like this will shape urban living? If you found this article insightful, please consider sharing it with others interested in the pulse of urban real estate and development.
New Rendering Revealed for 600-Unit Skyscraper at 24-19 Jackson Avenue
23-20 Jackson Avenue Completes Construction in Long Island City, Queens
23-20 Jackson Avenue Completes Construction in Long Island City, Queens
