Developers File Permits for Long Island City Project

A new six-story mixed-use building is planned for the vacant lot at 40-12 Crescent St. in Long Island City.

Updated on Oct. 20, 2026 in Construction

Isometric editorial illustration of steel construction beams on a vacant urban lot, representing new residential development in New York City. — Developers have filed permits to build a six-story mixed-use residential building at 40-12 Crescent Street in Long Island City. AI Illustration. Upload story photo >

Live Poll

Do you believe new apartment buildings improve the overall quality of life in your community?

Developers have filed permits to construct a 6-story building featuring 22 residential units at 40-12 Crescent St. The project will bring over 22,000 square feet of floor area to the site, which is currently a vacant lot.

Why it matters

The development contributes to the ongoing densification of Long Island City, adding new rental housing stock alongside commercial space in a rapidly evolving neighborhood.

The new 65-foot-tall structure will span 22,465 square feet, split between 14,979 square feet of residential space and 7,486 square feet of commercial area. The 22 planned rental units will average 680 square feet each.

The players

Jack Fang

He is the developer representing FH 2Bro Builder Corp. who filed the official applications for the construction project.

Siming Mei

She is the architect from Mei Architect PLLC responsible for the design of the new mixed-use structure.

The details

The design includes a cellar and a 25-foot rear yard for the building located at 40-12 Crescent St. The proposal follows a similar permit filing submitted in 2025 for the neighboring 40-10 Crescent St. property.

Permits were filed for the adjacent 40-10 Crescent St. property in 2025.
Permits for the 40-12 Crescent St. development were filed in October 2026.

Market Landscape

This project follows the pattern of dense, mixed-use construction spurred by the Long Island City rezoning initiatives. It signals a continued push by developers to maximize buildable square footage on remaining vacant lots in the area.

Residents can anticipate a shift in the neighborhood landscape as a vacant lot is transformed into a multi-story residential and commercial hub. The addition of 22 rental units represents a localized increase in housing supply for the Long Island City market.

The takeaway

The transformation of vacant urban land into mixed-use facilities highlights the ongoing trend of infill development in high-demand neighborhoods. Prospective renters should monitor local development listings for future occupancy updates as the project progresses.