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New Queens park to feature giant dragon

in Business
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Illustration of a park design featuring a large dragon playground structure under an elevated train track.
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Dragons rarely appear on this page but we’ll make room for this 30-footer at The Baseline, a new, more than one-acre park under the 59th Street Bridge ramps on the Queens side.

The park to open next year lies between two new Long Island City apartment towers from a joint venture of Fetner Properties and Lions Group.

The Bold’s 164 units including 50 affordable ones are fully rented. Leasing has started at sister building The Italic, which has 363 units of which 109 are designated as affordable, just began leasing.


A rendering of the 30-foot dragon that will be the focus of The Baseline, a new park in Queens. STUDIO V Design + Planning

The 50-story tower has  amenities including a state-of-the-art fitness center and rooftop terrace.

In addition to the presumably friendly dragon, the park designed by Studio V and LVF Landscape Architects will boast children’s playgrounds, a dog run, public seating, extensive plantings and public art space. It’s funded by  $5.5 million from the developers and a $2.4 million grant awarded by Gov. Kathy Hochul.


In a break to the Midtown leasing lull since early spring, Pinterest is taking 83,000 square feet on the entire 13th floor at SL Green’s 11 Madison Ave.

Pinterest will leave behind 40,000 square feet at 225 Park Ave. South. The deal brings 11 Madison to 92% leased. The asking rent was $90 per square foot.


Aerial view of 11 Madison Ave. in New York City.
11 Madison Ave. Google Maps

San Francisco-based Pinterest is a  social media “visual discovery platform” for product-scanning and ideas-sharing. It was repped by a JLL team while  SL Green was repped by Newmark.  

Other large tenants at 2.34 million square-foot 11 Madison include UBS, SONY, Suntory and IMG.

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

Tags: BusinessdevelopmentqueensReal Estaterealty checktheme parks
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Pinterest taking over 13th floor at 11 Madison Ave.

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