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 »
May 14, 2024 By Queens Post News Team Dozens of local residents, community leaders and small business owners gathered at Diversity Plaza in Jackson Heights Monday afternoon for a rally calling on State Sen. Jessica Ramos to endorse the $8 billion Metropolitan Park proposal. The proposal would transform 50 acres of parking lot adjacent to… Read more »
May. 14, 2024 By emarshall May 14, 2024 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 12-22 Astoria Blvd. in Astoria. The building has ten residences, seven of which are market rate. The three affordable residences are each two-bedroom units meant for those… Read more »
May. 14, 2024 By emarshall May 14, 2024 By Ethan Marshall A new city street in Long Island City, Malt Drive, is bringing extra residential units and community space to the community. Construction is nearing completion on a 1.43 million-square-foot luxury residential development at 2-20 and 2-21 Malt Dr. Additionally, Hunter’s Point South Park, located… Read more »
Apr. 29, 2024 By emarshall Apr. 29, 2024 By Ethan Marshall A total of 1,412 units across six upcoming luxury buildings are expected to transform the Queens Plaza area in Long Island City by creating much-needed housing in the area. All six projects are expected to be completed as early as this year and no… Read more »
Apr. 10, 2024 By zgewelb Apr. 10, 2024 By Ethan Marshall The excavation process for the property at 41-08 Crescent St. in Astoria is set to begin, marking the first step towards the construction of a 17-story residential tower, according to New York YIMBY. The 30,102-square-foot-long lot has already been surrounded by construction fencing. Machines for the construction work are expected to arrive on site within the coming weeks. The 189-foot-tall structure expected to be built on the property was designed by Dan Ionescu Architects and developed by Forte Italia LLC. Pecora Group LLC is the current owner of the… Read more »
Apr. 10, 2024 By admin Apr. 10, 2024 By Queens Post News Team Around 300 people are set to attend Long Island City Partnership’s 19th annual Real Estate Breakfast next Tuesday. The event will take place at the newly opened Brewster LIC Conference Center, located at 41-27 27th St. in Long Island City, from 8-10:30… Read more »
Apr. 9, 2024 By zgewelb Apr. 9, 2024 By Ethan Marshall The building at 43-10 23rd St. in Long Island City has just been transformed by construction contractor Suffolk, into a 7-story, 7-floor life science facility, known as Hatch Life Sciences. A ‘life science’ facility refers to properties that offer lab and office spaces for organizations working on scientific research and discoveries. The new facility totals more than 215,000 square feet, with 72,000 square feet of state-of-the-art lab space on the first three floors now available for lease, courtesy of the real estate agency Longfellow Real Estate Partners, which acquired… Read more »
Mar. 29, 2024 By admin Mar. 29, 2024 By Ethan Marshall The median asking price for rent in Queens jumped significantly from February 2023 to February 2024, according to a study conducted by the real estate firm StreetEasy. Year-over-year, the median asking rent rose 13.5%, from $2,599 to $2,950. This price increase is reflective of… Read more »
Mar. 27, 2024 By zgewelb Mar. 27, 2024 By Ethan Marshall New York City has launched a housing lottery for 50 affordable units in the newly-constructed 19-story residential building at 26-25 4th St. in Astoria. Known as the Winslow, this building stands at 204 feet tall and spans 289,000 square feet. There are a total… Read more »