Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, February 26 2020 - 07:09
Skyline Tower Named as New York's Top Selling Luxury Real Estate Development in 2019
NEW YORK, Feb. 25, 2020 /PRNewswire-AsiaNet/ --

The joint venture between Risland Holdings, LLC, United Construction & 
Development Group and FSA Capital LLC closed on 210 contracts last year

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.

Photo -
Skyline Tower located on Long Island City

- 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.

SOURCE:  Risland US

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   Caption: Skyline Tower located on Long Island City