Category: construction-development

Sunnyside co-op and house prices steady as Woodside sees increase: report

Apr. 18, 2025 By emarshall April 18, 2025 By Ethan Marshall and Christian Murray Sunnyside buyers saw a slight dip in co-op and house prices last year, while average sales prices in neighboring Woodside experienced a modest increase, according to a new report from Welcome Home Real Estate, based on NYC public data. The average…

LIC BID celebrates 20 years of transformation and growth in western Queens

Apr. 7, 2025 By emarshall April 7, 2025 By Ethan Marshall As the Long Island City Business Improvement District (LIC BID) celebrates its 20th anniversary, community leaders and founding members are reflecting on the district’s transformative impact on one of New York City’s fastest-growing neighborhoods. Established in 2005 and managed by the Long Island…

LIC and Woodside among best neighborhoods in NYC for buyers in 2025: report

Apr. 4, 2025 By emarshall April 4, 2025 By Ethan Marshall Long Island City and Woodside are among the top ten New York City neighborhoods with the most significant year-over-year decline in median asking prices and the largest increase in inventory during the first two months of 2025, according to a report from real…

Long Island City gets new film and TV production studio with Borden Complex

Mar. 26, 2025 By emarshall March 26, 2025 By Ethan Marshall Construction has officially been completed for the Borden Complex, a new industrial space and film and TV studio at 23-30 Borden Ave. in Long Island City. Developed by Innovo Property Group, the Borden Complex is a Class-A multi-tenant development spanning 1 million square…

New 9-story building nears completion in Woodside, with affordable housing planned

Mar. 25, 2025 By emarshall March 25, 2025 By Ethan Marshall Construction has wrapped up for the facade of a 9-story building that will have 27 residences at 43-25 52nd St. in Woodside. The building is 90 feet tall and spans 22,945 square feet. With an average unit scope of 849 square feet, the…

Art Deco-inspired design defines Malt Drive’s unique architectural vision in LIC

Mar. 19, 2025 By jmilitello March 19, 2025 By Jessica Militello TF Cornerstone’s latest Long Island City development puts art and history at the forefront, blending local artists’ work and Art Deco influences to honor the neighborhood’s industrial past. Located at 2-20 and 2-21 Malt Drive, near Hunter’s Point South and Gantry Plaza State…

Long Island City Partnership to host 20th annual Real Estate Breakfast in April

Mar. 19, 2025 By sobrien March 19, 2025 By Shane O’Brien The Long Island City Partnership (LICP) will host its 20th annual Real Estate Breakfast on Tuesday, April 8, bringing together industry experts and more than 300 business and civic leaders to discuss the state of the market and key developments in Western Queens.…