NEWS & PRESS

  • Rockrose lands $255M in construction financing for 790-unit LIC tower

    Rockrose Development secured $255 million in construction financing for its planned 54-story apartment tower at the former Eagle Electric building in Long Island City. Bank of America provided the loan for the site at 43-22 Queens Street in the Queens ...

  • Toby’s Estate Coffee featured in Interior Design Magazine

    Toby’s Estate Coffee, located at 26-25 Jackson Avenue, has been featured in Interior Design Magazine’s “International Top 10 Coffee Shops” coverage. “The site’s 40-foot-high ceilings allow wagon-wheel chandeliers to descend through exposed timber joists, illuminating a statuary marble counter and ...

  • The Power 100

    Rockrose Development Corp. spent 2016 continuing its transformation of Long Island City, Queens.  The 51-story Hayden, the tallest residential building in Queens and the largest 80/20 project outside of Manhattan, began leasing its 974 luxury apartments, the beginning of a transformation ...

  • Full Reveal: 26-19 Jackson Avenue

    We last checked in on 26-19 Jackson Avenue in March when we peeked inside at construction going on at the former site of See.Me art gallery. Last week, construction crews took down the sidewalk shed, revealing the new interior of the space, ...

  • Rockrose, Spitzer land anchor tenant at Alexander Court in downtown D.C.

    Akin Gump Strauss Hauer & Feld LLP has officially signed on as anchor tenant at Alexander Court, the multimillion-dollar renovation and combination of two downtown D.C. office buildings, after months of speculation of a deal in the works. The law firm's D.C. ...

  • Toby’s Estate to open Court Square cafe tomorrow

    A Brooklyn-based coffee chain is opening its first Queens storefront in Long Island City tomorrow. Toby’s Estate, a local chain with four other locations throughout the city, will open its fifth cafe at 26-25 Jackson Avenue tomorrow morning, offering a ...

  • Checking in at 26-21 Jackson Avenue, future home of Levante

    The last time we checked in at 26-21 Jackson Avenue was in September, when construction crews had just put up a plywood fence on site. When we stopped by last week, we saw that workers were installing windows on the second ...

  • 54-Story, 790-Unit Eagle Electric Redevelopment Rises To 18th Floor At 43-22 Queens Street

    Construction is now 18 stories above street level on the 54-story, 790-unit residential project under development at 43-22 Queens Street, in the Court Square/Queens Plaza section of Long Island City. Progress on the structure can be seen thanks to photos ...

  • The Hayden, Building Review

    When this project, which is known as The Hayden, at 43-25 Hunter Street near Court Square in Long Island City was first announced in 2013 by Rockrose Development, it was planned as the tallest building in Queens. When it was ...

  • ROCKROSE DEVELOPMENT SCORES $65M LOAN FOR WEST VILLAGE RENTAL

    The Singer & Bassuk Organization (SBO) has once again represented Rockrose Development Corporation and arranged a $65 million mortgage refinance loan for a West Village rental building located at 100 Jane Street. The loan, which was provided by Wells Fargo, ...

  • Power 100

    Henry & Justin Elghanayan as #88 on Commercial Observer's Power 100 List Shortly I took over at Commercial Observer last fall, I got the first email on this subject: “When are you taking submissions for the Power 100?” There have ...

  • LIC to get Toby’s Estate Coffee, new eateries

    Long Island City has long been in a retail rut, as leasing fails to keep pace with the construction of residential towers in areas such as Court Square. But there now appear to be changes on the horizon. Rockrose Development ...

  • Brooklyn Fare to open in West Village

    Brooklyn Fare, the grocery store with Brooklyn's only three Michelin-starred restaurant at its Downtown Brooklyn location, has signed a lease in the West Village. This will be its third store in New York City and second Manhattan location. The store ...

  • Queens: The land of mega projects

    Please see article attached featuring Rockrose as the #1 most active developer in Queens. 

  • Fantasy Sports Platform Inks Deal at 300 Park Avenue South

    Daily fantasy sports platform FanDuel is increasing by 32,000 square feet in its Midtown South move to 300 Park Avenue South, according to The Real Deal. The gaming site, which compresses fantasy sports seasons typically into a single game per ...

  • Rockrose acquires Hudson Yards development site

    Rockrose Development has purchased a 19,475-square-foot commercial development site near Hudson Yards, bringing to completion a decade-long plan to acquire an entire block on the Far West Side. The acquisition of the site, at 528-534 West 39th Street, paves the ...

  • Rockrose receives $270M loan for LIC apartment complex

    Rockrose Development Corp. has completed a $270 million construction financing for its 974-unit 80/20 rental apartment tower complex at 43-25 Hunter Street in the Court Square section of Long Island City, Queens. Rockrose negotiated directly with the lead bank lender, ...

  • Long Island City: 7 Reasons to Love it

    To those unfamiliar with Long Island City, believe the hype (or almost all of it, anyway). The westernmost neighborhood in Queens (read: closest to Manhattan) has a real community feel, lots of apartments with water views, and enough amenities to ...

  • New York's Rockrose makes a less labor-intensive buy in downtown D.C.

    New York City-based Rockrose Development Corp. has made another high-profile addition to its portfolio of high-end Washington office buildings, but this one won't require nearly as much work as some of its past projects. Rockrose closed last week on its $40.5 million ...

  • ROCKROSE TO CROWN PAS BUILDING WITH ROOFTOP TERRACE

    Rockrose Development Corp. will add a landscaped rooftop terrace as a tenant amenity at its 300 Park Avenue office building in Midtown South. The roof terrace, designed by Murdock Solon Architects, will encircle a three-skylight array that illuminates the building's ...

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