BLDG Opens The Orchard with 824 Units and 100K SF of Perks

Key Points

• Towering Presence: At 823 feet and 70 stories, The Orchard becomes Queens’ tallest rental building, offering 824 units (576 market-rate, 248 affordable) with luxury finishes and panoramic views.
• Unmatched Amenities: Features over 100000 sq ft of indoor and outdoor spaces, including NYC’s largest private backyard with a pool, sports courts, and wellness facilities to drive tenant retention.
• Strategic Development: Backed by BLDG Management’s 60-year site ownership, blending industrial heritage with modern design for strong rental demand in a vibrant neighborhood.

LIC Rental Market Gets a Major New Icon

Long Island City’s rental market just got a major upgrade with the launch of leasing at The Orchard, developed by BLDG Management Co., Inc. This vertically integrated project transforms a historic site into a luxury icon, combining refined residences, bold architecture, and resort-like amenities to attract premium tenants and boost investor returns.

Architectural Excellence and Residences

Designed by Perkins Eastman with interiors by McCartan, The Orchard’s facade merges brick, glass, and metal for a timeless nod to LIC’s industrial roots. Residences range from studios to three bedrooms with open layouts, high ceilings, oversized windows, custom kitchens, and in-unit laundry. Select units include private balconies, and floor-specific color themes add personalization key for appealing to diverse renters and minimizing vacancies.

Amenity Suite Redefining Luxury Living

Spanning multiple floors, amenities total over 100000 sq ft, centered on a 60000 sq ft landscaped backyard with an apple orchard, resort pool, pickleball courts, running track, and more. Indoor highlights include a fitness center, indoor pool, basketball court, coworking spaces, arcade, and a 70th-floor Sky Lounge. These features position The Orchard as a full-service community, enhancing tenant satisfaction and justifying premium rents starting from the mid 3000s to over 10000.

Prime Location and Connectivity

Situated at Orchard Street and Jackson Avenue, the tower offers 360-degree views and easy access to Midtown via multiple subway lines, LIRR, Citi Bike, and NYC Ferry. Surrounded by cultural spots like MoMA PS1 and green spaces like Gantry Plaza State Park, plus 14550 sq ft of upcoming retail, it taps into LIC’s growth as a dynamic residential hub ideal for long-term value appreciation.

Why This Matters for Investors and Landlords

For landlords and investors, The Orchard exemplifies smart development in a high-demand market. The mix of market-rate and affordable units ensures compliance with incentives while maximizing revenue. Exceptional amenities reduce turnover costs, and the location’s connectivity supports steady occupancy rates. With move-ins starting in February 2026, this project signals robust potential for cash flow and asset appreciation in LIC’s evolving skyline.

The Orchard as a Strategic Investment Play

The Orchard isn’t just a building; it is a strategic investment play that honors LIC’s past while capitalizing on its future. Investors eyeing resilient rental portfolios should monitor this launch closely for benchmarking opportunities.