Tag: real estate

High-end nail studio signs lease for Malt Drive project in LIC

Aug. 19, 2024 By emarshall Aug. 19, 2024 By Ethan Marshall A new lease signing has been announced for the addition of the high-end nail salon sundays Studios in the North Tower of the Malt Drive project in Long Island City. This salon, which specializes in non-toxic nail care and self-care experiences, is expected to… Read more »

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 »

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 »