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 »
Jul. 9, 2024 By emarshall July 9, 2024 By Ethan Marshall New York City has launched a housing lottery for six units in a 3-story residential use condominium building at 12-19 31st Dr. in Astoria. The building has 17 total residences, with 11 being at market rate. All six affordable units are meant for those… Read more »
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 »
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 »
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 »
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 »
Jun. 25, 2024 By emarshall June 25, 2024 By Ethan Marshall Skyline Tower, the tallest building in Queens, has set a new record for the price per square foot for a Queens unit, doing so for the second time. Additionally, Modern Spaces, the real estate firm handling sales for the units at the development, announced… Read more »
June 17, 2024 By Ethan Marshall New York City has launched a housing lottery for eight units in a 7-story mixed-use building at 43-34 53rd St. in Woodside. The building has 24 residences, 16 of which are market rate. All eight affordable units are one-bedroom units meant for those earning 130% of the area median… Read more »
June 11, 2024 By Bill Parry Council Member Julie Won and Congresswoman Nydia Velázquez on Saturday rallied with their constituents, who were displaced by a massive five-alarm fire at their Sunnyside apartment complex just days before Christmas, to call on A&E Real Estate Holdings to extend tenants’ temporary leases. Families and individuals from at least… Read more »
May. 17, 2024 By emarshall May 17, 2024 By Ethan Marshall The Queens neighborhood of Astoria experienced the third-largest year-over-year increase in rental inventory in April 2024, according to a report by the real estate listing information site StreetEasy. Rental inventory in Astoria rose 47.1% year-over-year, from 936 in April 2023 to 1,377 in April… Read more »