Tag: real estate

LaGuardia Community College signs 10-year extension on lease for Queens Atrium in Long Island City

Feb. 26, 2024 By zgewelb Feb. 26, 2024 By Ethan Marshall LaGuardia Community College has signed a 10-year extension on its lease for the Queens Atrium, located at 30-20 Thomson Ave. in Long Island City. The Queens Atrium, owned by the real estate firm Feil Organization, has been occupied by this City University of New York (CUNY) school for the last 15 years. Approximately 210,334 square feet of the lower floors of this 8-story structure have been leased by LaGuardia Community College. This building has a long history. It was originally built in 1914 as an industrial building before later… Read more »

New chair elected for Queens Community Board 1

Feb. 21, 2024 By zgewelb Feb. 21, 2024 By Ethan Marshall Queens Community Board 1, which covers parts of Long Island City, Astoria and Woodside, elected Evie Hantzopoulos as its new chair during the most recent meeting on Tuesday, Feb. 21 at the Astoria World Manor, at 25-22 Astoria Blvd. Hantzopoulos has been a member of the community board since 2010, including as chair of the housing committee. She takes over the role from Marie Torniali, who reached her term limit. In addition to her work with Community Board 1, Hantzopoulos is also the executive director of Queens Botanical Garden…. Read more »

Renderings unveiled for upcoming film and television studio in LIC

Jan. 23, 2024 By zgewelb Jan. 23, 2024 By Ethan Marshall Renderings of the purpose-built film and television studio Borden Studios in Long Island City were unveiled Monday by the New York City-based real estate firm Innovo Property Group. The studio will occupy the top floors of the Borden Complex, a mixed-use development at 23-30 Borden Ave. expected to be completed in Spring 2024. The development is located about three blocks east of the Pulaski Bridge and is adjacent to the Newtown Creek. Borden Studios will feature over 220,000 square feet of production space and abundant parking. The space will… Read more »

Affordable housing lottery opens in Astoria, rents start at $2,400 a month

Jan. 4, 2024 By zgewelb Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held… Read more »

Average co-op in Sunnyside fetched $353K during January-August 2023, one-family houses approached $950K: report

Dec. 28, 2023 By Christian Murray The Sunnyside and Woodside residential real estate market has remained resilient over the past year despite a significant uptick in interest rates, according to a new report released by a western Queens real estate firm. The report, put out by Sunnyside-based Welcome Home Real Estate, indicates that both house… Read more »

Affordable housing lottery opens in Woodside, rents start at $847 per month

Dec. 27, 2023 By Ethan Marshall A total of 23 affordable housing units in a nine-story Woodside development are up for grabs, with rents starting as low as $847 a month for a one-bedroom. The development, located at 43-15 52nd St., features 87 units, with 64 being market rate. The city is holding a lottery… Read more »

Studios rent for about $2,450 in Astoria affordable housing lottery

Dec. 26, 2023 By Christian Murray Five units located in a new development in Astoria are now up for grabs as part of an affordable housing lottery. The units are located in a 5-story complex located at 26-31 3rd St., in a building that will contain 16 units. There is one studio available via the… Read more »

Median rent in northwestern Queens drops as market outlook weakens: report

northwest

Nov. 14, 2023 By Ethan Marshall The median rent in northwest Queens plummeted in October, down 9.4% from September, according to a market report recently released by the real estate firm Douglas Elliman. The amount paid to rent an apartment in northwest Queens — covering Astoria, Long Island City, Sunnyside and Woodside — had a median…
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One in three NYC homes on the market don’t sell: report

home

Nov. 6, 2023 By Ethan Marshall A study conducted by the New York City real estate firm StreetEasy concluded that 35.7% of previously-owned New York City homes on the market don’t get sold. StreetEasy also concluded that the average listing spends a median of 89 days on the market in New York City, compared to…
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