Category: construction-development

Sunnyside fire victims receive six-month housing extension after one year

Dec. 30, 2024 By Shane O’Brien Queens Borough President Donovan Richards has announced a plan to provide 13 Sunnyside households displaced by a devastating fire in December 2023 with an additional round of six-month temporary housing agreements. Richards announced the new round of temporary housing agreements on Dec. 20 to mark the one-year anniversary of… Read more »

LIC warehouse sold for $7.6M in deal handled by Modern Spaces

Dec. 26, 2024 By emarshall Dec. 26, 2024 By Ethan Marshall Modern Spaces, a Long Island City-based real estate firm, announced it brokered the $7.6 million sale of a 16,800-square-foot warehouse located at 48-29 31st Place in Long Island City. The deal, finalized on Thursday, Dec. 5, marks another significant transaction in the borough’s evolving… Read more »

First retail leases announced for Malt Drive development in LIC

Dec. 24, 2024 By emarshall Dec. 24, 2024 By Ethan Marshall The real estate developer TF Cornerstone announced its first retail lease signings for its new Malt Drive development at 2-20 and 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City on Tuesday, Dec. 17. The businesses joining the 1,386 residential… Read more »

Permits filed for new 6-story homeless shelter in Long Island City

Dec. 23, 2024 By emarshall Dec. 23, 2024 By Ethan Marshall Permits have been filed for the construction of a new 6-story homeless shelter at 38-78 and 38-80 11th St. in Long Island City. Located on the corner of 11th Street and 40th Avenue, this proposed development, referred to as the Bowery Residents’ Committee (BRC)… Read more »