Dec. 18, 2024 By emarshall Dec. 18, 2024 By Ethan Marshall New York City has launched a housing lottery for 72 units at AURA, a 37-story mixed-use building in Long Island City. Located at 23-10 42nd Rd., AURA features 240 residential units, with 168 offered at market rate. The 72 remaining units have all been… Read more »
Category: construction-development
Queens mayoral candidates Ramos and Mamdani pledge rent freeze for stabilized apartments at housing forum
Dec. 11, 2024 By sobrien Dec. 11. 2024 By Shane O’Brien State Sen. Jessica Ramos and Assembly Member Zohran Mamdani committed to freezing rents for millions of New Yorkers living in rent-stabilized apartments at a Mayoral Forum on Housing on Saturday. Ramos and Mamdani, the two Queens-based candidates in the 2025 mayoral race, joined fellow… Read more »
Long Island City development moves forward with $70M loan for 26-story building
Dec. 10, 2024 By emarshall Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long… Read more »
Housing lottery launches for 110 units at SOLA in Woodside, rent starts at $1,541
Nov. 25, 2024 By Ethan Marshall New York City has launched a housing lottery for 110 units at SOLA, a 12-story mixed-use building in Woodside. Located at 72-01 Queens Blvd., SOLA features 364 residences, of which 254 are offered at market rate. Of the remaining 110 units, 65 are designated for individuals earning 80% of… Read more »
Construction begins on CHPE transmission line along Shore Boulevard in Astoria Park
Nov. 21, 2024 By sobrien Nov. 21, 2024 By Shane O’Brien Construction work for the Champlain-Hudson Power Express (CHPE) has started along Shore Boulevard in Astoria Park as part of the final stretch of a 339-mile underground transmission line that will bring clean energy from Canada to a converter station in Astoria by 2026. Once… Read more »
Construction completes for The Northern residential buildings in LIC
Nov. 20, 2024 By emarshall Nov. 20, 2024 By Ethan Marshall Construction has wrapped for The Northern, two residential buildings at 38-27 and 38-38 32nd St. in Long Island City. The development will yield 116 rental units. Exterior work has been completed for both buildings, each 10 stories tall. This comes almost exactly one year… Read more »
Block party celebrates opening of Malt Drive Park in Long Island City, adding waterfront access and community space
Nov. 18, 2024 By sobrien Nov. 18, 2024 By Shane O’Brien Hundreds of people attended a block party Saturday to celebrate the opening of Malt Drive Park, an expansive new park along the Newtown Creek waterfront in Hunter’s Point South. The park, which officially opened to the public at 55-1 2nd St. on Oct. 17,… Read more »
Queens’ tallest building, the Orchard, celebrates topping out as it nears completion; set to welcome tenants in 2026
Nov. 13, 2024 By sobrien Nov. 13, 2024 By Shane O’Brien The real estate firm behind the tallest building in Queens held a “topping out” ceremony Wednesday morning to celebrate another landmark as the building moves closer to completion. BLDG Management announced that the Orchard, a 70-story, 824-unit residential complex occupying the entire block at… Read more »
DOT announces completion of Queens Boulevard Redesign, celebrated as ‘Boulevard of Life’ transformation
Nov. 12, 2024 By Shane O’Brien Department of Transportation representatives and elected officials gathered in Sunnyside Tuesday afternoon to announce the completion of the sixth and final phase of the Queens Boulevard Redesign, which has resulted in a 68% decline in fatalities along the boulevard since work began in 2015. NYC DOT Commissioner Ydanis Rodriguez,… Read more »
New 9-story affordable housing project tops out on Queens Boulevard in Woodside
Nov. 12, 2024 By Ethan Marshall Construction for a new 9-story affordable housing building at 65-25 Queens Blvd. in Woodside has just topped out. The building will stand 95 feet tall and take up 23,861 square feet. It will have 29 total rental units, with an average unit size of 823 square feet. According to… Read more »