2-21 Malt Drive

Owner: Tf Cornerstone

Debt: November 07, 2025, $347.4 million

Built: 2022

SF: 589,727

Dwelling units: 575

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 34

Legacy BBLs: 4000110003

HPD Ownership Registration Information

Last registered: 2025-10-16 (expires 2026-09-01)

Transactions:

• TF Cornerstone borrowed $347.4 million from M&T Bank for 2-20 Malt Drive, Long Island City, Queens on November 07, 2025.

• TF Cornerstone borrowed $307 million from PNC Bank for 2-20 Malt Drive, Long Island City, Queens on January 18, 2023.

Development:

• TF Cornerstone filed new building job 421133641 for 499,285 sqft R-2 building with 575 apartments in Long Island City, Queens, on December 14, 2020.

• Kevin Mccormack filed alteration job Q01377202 for 60 sqft R-2 building with 575 apartments in Long Island City, Queens, on April 14, 2026.

• Kevin Mccormack filed alteration job Q01324541 for 1,500 sqft R-2 building with 575 apartments in Long Island City, Queens, on December 30, 2025.

• Kevin Mccormack filed alteration job Q01324115 for 3,000 sqft R-2 building with 575 apartments in Long Island City, Queens, on November 25, 2025.

• Bruce Weill filed alteration job Q01204373 for building in Long Island City, Queens, on April 11, 2025.

• Bruce Weill filed alteration job Q01065796 for 593,618 sqft R-2 building with 575 apartments in Long Island City, Queens, on July 17, 2024.

Violations:

According to city public data, the properties have received four DOB violations and $25 in OATH penalties in the last year.

Latest Stories:

• TF Cornerstone signs $347.4M refi with M&T for newly built 575-unit rental in LIC (November 11, 2025)

• TF Cornerstone files plans for 1,387 units in two new LIC buildings (December 16, 2020)

• TF Cornerstone files to demolish 326K sf Hunters Point building, to make way for resi towers (September 18, 2020)