Category: construction-development

$175 million loan secured to finance 12-story mixed-use development in Woodside

July 16, 2024 By Ethan Marshall Eight West, an affiliate of the real estate firm The Hakimian Organization, announced that a $175 million construction take-out loan has been secured to finance SOLA, its newest mixed-use development located in Woodside. SOLA is scheduled to hold its grand opening on Monday, July 22. The loan was provided… Read more »

Astoria residents fear jagged rocks falling from overhead Amtrak bridge; FDNY takes action

Jul. 12, 2024 By ishkurhan July 12, 2024 By Iryna Shkurhan Local residents are growing increasingly concerned about falling rocks from the deteriorating Amtrak railroad bridge on 23rd Avenue in Astoria. After witnessing a larger-than-usual rock fall from the bridge at the intersection of 36th Street last month, two local residents cordoned off the area… Read more »

Borden complex nears completion in Long Island City, featuring film and TV studios

Jul. 9, 2024 By emarshall July 9, 2024 By Ethan Marshall Construction of the Borden Complex, a 5-story industrial building at 23-30 Borden Ave. in Long Island City, is nearly completed. The 166-foot-tall, 840,000-square-foot building has topped out, and its facade is almost finished. The development is expected to be completed before the end of… Read more »

Op-Ed: The benefits of the City of Yes Housing proposal

Jun. 27, 2024 By emarshall June 27, 2024 By Richard Khuzami Most of the media coverage regarding the City of Yes zoning changes, regarding increasing housing, are focused on the negative response from many of the Community Boards from the outer boroughs, especially those especially distant from Manhattan (as of today, we have seen no… Read more »

LIC Neighborhood Plan advances toward environmental and public review

Jun. 27, 2024 By emarshall June 27, 2024 By Ethan Marshall The Long Island City Neighborhood Plan has advanced to environmental and public review after NYC Department of City Planning Director Dan Garodnick unveiled the draft zoning framework, a detailed map and draft strategies Tuesday, June 25. This zoning proposal was first shown during Monday’s… Read more »

Council Member Won hosts packed town hall to shape ‘One LIC’ neighborhood plan for Long Island City

Jun. 25, 2024 By Czarinna Andres June 25, 2024 By Queens Post News Team Around 250 Long Island City residents attended a town hall hosted by Council Member Julie Won to share recommendations about the Long Island City Neighborhood Plan, “One LIC”, which aims to create a vision for the neighborhood encompassing affordable housing, job… Read more »