First Phase Of Residential Sales At Mixed-Use Development Tangram Near Sellout

9/6/18

Second residential tower within 1.2 million-square-foot Queens development to be unveiled by the end of the year

Leading development companies F&T Group and SCG America today announced that the first residential phase of Tangram — the transformative 1.2-million-square-foot, mixed-use development consisting of groundbreaking retail, office, residential and hotel space in the heart of Flushing, Queens — is near sellout, with less than five percent of its 192 residences remaining. Inspired by the traditional Chinese dissection puzzle consisting of flat pieces called tans, Tangram will bring a total of 320-plus luxury residences to Flushing, and will unveil phase two of its residences by the end of the year.

“Due to the tremendous success at Tangram House South, which brought to market an elevated housing option never before seen in Flushing, we are planning to roll out sales for Tangram House West earlier than anticipated,” stated Helen Lee, executive vice president of F&T Group. “While it will feature a different aesthetic than phase one, it will be just as thoughtfully-designed and provide an equally generous and luxurious lifestyle.”

Located along 39th Avenue, Tangram House South includes 33 spectacular penthouses with interiors designed by JG Neukomm Architecture. The building is aesthetically rooted in Asian architecture and philosophy, and paired with Italian influences throughout including Miele appliances, custom-designed Italian cabinetry and luxurious European furnishings by Doimo Contract. Move-ins are scheduled for 2Q 2019.

Sales for the 130-plus residences within Tangram House West are set to launch this winter.Located along College Point Boulevard, half of the residences within Tangram House West will have spectacular views of the New York City skyline while the other half will face east, including great Feng Shui energy and quiet garden views.

Poised to be the new epicenter of Downtown Flushing, Queens, Tangram is a full-block site with frontage on 37th Avenue, Prince Street, 39th Avenue and College Point Boulevard. The mixed-use development will also feature a 200-pluskey branded lifestyle hotel; 275,000 gross square feet of cutting-edge retail; themed restaurants; a 27,000-square-foot culinary food hall and beer garden; a variety of entertainment options including a state-of-the-art 4DX movie theater; and a 12-story commercial tower with 48 office condominium units.

For more information, please visit www.tangramnyc.com, or call the Sales Gallery at +1.718.509.0588.

F&T Group
Established in New York City in 1983, F&T Group is a fully integratedreal estate development and investment company focusing on mixed-use, commercial and residential development with offices in NYC, Shanghai and Nanjing. Offering an in-house team of highly experienced development, construction, master planning, design and marketing professionals, F&T’s US-Sino cooperative platform is characterized by its internationally recognized construction and design quality, as well as its global vision for development excellence. F&T Group’s current projects include the four-million-square-foot Nanjing World Trade Center; Flushing Commons, a 1.8 million-square-foot mixed-use project consisting of office, luxury residential; and a 1.5-acre public plaza, also in the heart of Downtown Flushing.

Shanghai Construction Group America

Shanghai Construction Group (SCG) is one of the leading construction conglomerates in China and a pioneer in the development of modern cities, with work spanning decades. Publicly listed on the Shanghai Stock Exchange since 1997, with footprints in more than 30 countries and regions, SCG was ranked the 9th largest global contractor by Engineering News-Record in 2017. SCG America (SCGA), a wholly-owned subsidiary of SCG headquartered in New York City, has three decades of experience and currently has billions invested in real estate in the United States. Its services range from general contracting, construction management, real estate development and real estate fund management. As highly sought-after builders and developers, SCGA strives for professional excellence and technological innovation that creates enduring value for partners and customers alike.

JG Neukomm Architecture

JG Neukomm Architecture is a New York-based company of architects and designers with a portfolio that includes hospitality, residential housing, retail and interior design. With more than 25 years of experience, Jean-Gabriel Neukomm, AIA, leads the team to asses design with provocative thinking and collaborative action, resulting in architecture that reflects an integrated understanding of the richness of our environments and the distinction of the firm’s clients. Current projects include a multi-towered luxury residential project in downtown Los Angeles and a townhouse renovation in a historic New York neighborhood. Visit www.jgnarch.com

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