
NEW YORK CITY-A massive residential project at East Coast, a 21-acre plot owned by the state, has just past half-completed. The $1 billion-plus project comprising seven residential buildings is being developed by TF Cornerstone, a firm operated by the Elghanayan brothers, Frederick and K. Thomas.
The East Coast residential project will add around 3,500 units of market-rate apartments to Long Island City. It is expected to be completed in 2014. For the full story, go to Wall Street Journal .
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