The joint venture between Risland Holdings, LLC, United
Construction & Development Group and FSA Capital LLC closed on
210 contracts last year
NEW YORK, Feb. 25, 2020 /PRNewswire/ -- Move over
Manhattan, there is a new luxury
condominium in the neighborhood! Located in Long Island City, the 67-story development,
Skyline Tower, is now leading sales in New York's luxury real estate market. With a
booming transit hub and rapidly growing neighborhood, Long Island's skyline and real estate market
have changed tremendously in the past decade. At the start of 2019,
rising interest rates caused many buyers to halt their plans in
purchasing condominiums. Located in one of the world's most
competitive markets, the increasing interest rates did not deter
buyers from exploring their future home at Skyline Tower. In 2019,
the tower managed to close 210 condo contracts, making it the top
selling luxury real estate development. The project is a joint
venture of Risland Holdings, LLC, United Construction &
Development Group and FSA Capital LLC.
- In addition to Skyline Tower, Risland has two projects in
the United States -
- Located in Prosper, Texas,
Legacy Gardens is an upscale boutique 300-acre single-family
masterplan community. The perfectly-sized development provides all
the amenities and lifestyle benefits of a large, master-planned
community with the intimacy of a smaller, more connected
neighborhood.
- Mantua, a 25-year project with a 2,950-acre mixed-use community
within two cities, Van Alstyne and
Anna, Texas, will be reshaping the
growth of North Texas. The first
phase of the development, called Mantua Point, will include nature
trails, beautiful amenities, a dog park, a pool and several
gathering areas. Ultimately, the development is projected to have
more than 6,000 homes and over 600 acres of commercial, office and
mixed-use space while adding more jobs and a building a better
economy in both Van Alstyne and
Anna.
While Skyline Tower is well underway with an impressive sales
performance in 2019, Risland is developing world class residential
and commercial real estate projects through a vertically integrated
operating model. It combines the talent of local professionals
using local vendors utilizing the experience and resources of its
international partners to accomplish this goal. Risland seeks to
develop profitable projects and focus on the responsibility to the
surrounding environment and the well-being of the neighboring
communities. They are committed to be successful in the local
market and using green practices and be mindful of social
responsibilities while promoting healthy lifestyles for
individuals, families and providing jobs to the local community and
the society at large.
Risland also plays a big part globally in the real estate market
while keeping a close watch on global sustainable developments.
With 12 projects around the world including the United States, New Zealand, Australia, Thailand, India, Indonesia, etc., it is becoming an innovative
driver in both urban developments and residential markets.
About Skyline Tower
Skyline Tower is Long Island
City's most visible address. Located at 3 Court Square,
Long Island City. A grand, elegant
and sky-high condominium in Long Island
City and all of Queens,
rises 67 stories, offering striking 360-degree panoramic views of
Manhattan. It is scheduled to be
fully complete in early 2020. A best-in-class amenities and iconic
architecture. This gleaming glass tower features distinctive
residences and inviting community spaces, crafted with the highest
standards of excellence.
Photo -
https://mma.prnewswire.com/media/1094111/Skyline_Tower_located_on_Long_Island_City.jpg