Category: construction-development

Astoria’s new boutique condominium Orion launches, sales starting at $695K

Aug. 14, 2024 By emarshall Aug. 14, 2024 By Ethan Marshall A new boutique condominium, Orion, featuring seven meticulously designed units at 25-88 38th St. in Astoria, has just hit the market for prospective buyers. The building, developed by local developers Konstandinos “Gus” Vorillas, Thomas Ballis, Anthony Vitale, and Chris Giannikouros, offers seven modern one-… Read more »

Leasing launches for 28-story residential tower in LIC

Aug. 7, 2024 By emarshall Aug. 7, 2024 By Ethan Marshall American Lions, a joint venture between Fetner Properties and Lions Group, announced the opening of The Bold, a new 28-story residential tower at 27-01 Jackson Ave. in Long Island City, on Wednesday, July 24. The Bold will bring 164 new residences to the Court Square neighborhood, including… Read more »

$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 »