Dec. 30, 2024 By emarshall Dec. 30, 2024 By Ethan Marshall Permits have been filed for the construction of a new 9-story mixed-used building at 25-08 43rd Ave. in Long Island City. The site, which was previously occupied by an auto repair shop and private parking space, is set to be transformed into a modern… Read more »
Category: construction-development
Housing lottery launches for 23 units at residential building in LIC, studios starting at $3,423
Dec. 26, 2024 By emarshall Dec. 26, 2024 By Ethan Marshall New York City has launched a housing lottery for 23 units in a 14-story residential building at 27-51 Jackson Ave. in Long Island City. The building features 34 total residences, with 11 being offered at market rate. The other 23 have been set aside… Read more »
LIC warehouse sold for $7.6M in deal handled by Modern Spaces
Dec. 26, 2024 By emarshall Dec. 26, 2024 By Ethan Marshall Modern Spaces, a Long Island City-based real estate firm, announced it brokered the $7.6 million sale of a 16,800-square-foot warehouse located at 48-29 31st Place in Long Island City. The deal, finalized on Thursday, Dec. 5, marks another significant transaction in the borough’s evolving… Read more »
First retail leases announced for Malt Drive development in LIC
Dec. 24, 2024 By emarshall Dec. 24, 2024 By Ethan Marshall The real estate developer TF Cornerstone announced its first retail lease signings for its new Malt Drive development at 2-20 and 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City on Tuesday, Dec. 17. The businesses joining the 1,386 residential… Read more »
Permits filed for new 6-story homeless shelter in Long Island City
Dec. 23, 2024 By emarshall Dec. 23, 2024 By Ethan Marshall Permits have been filed for the construction of a new 6-story homeless shelter at 38-78 and 38-80 11th St. in Long Island City. Located on the corner of 11th Street and 40th Avenue, this proposed development, referred to as the Bowery Residents’ Committee (BRC)… Read more »
Astoria and Brooklyn middle schoolers celebrate opening of new NYCHA community spaces
Dec. 19, 2024 By Ethan Marshall and Ramy Mahmoud Twenty-two middle school students from Astoria NYCHA Houses and 14 more from Stanley Avenue Preservation (Linden and Penn-Wortman Houses) in Brooklyn’s East New York neighborhood. along with family and community members, marked the opening of new community rooms at the HANAC Astoria Cornerstone program, located at… Read more »
Housing lottery launches for 72 units at AURA in LIC, studios starting at $3,423
Dec. 18, 2024 By emarshall Dec. 18, 2024 By Ethan Marshall New York City has launched a housing lottery for 72 units at AURA, a 37-story mixed-use building in Long Island City. Located at 23-10 42nd Rd., AURA features 240 residential units, with 168 offered at market rate. The 72 remaining units have all been… Read more »
Queens mayoral candidates Ramos and Mamdani pledge rent freeze for stabilized apartments at housing forum
Dec. 11, 2024 By sobrien Dec. 11. 2024 By Shane O’Brien State Sen. Jessica Ramos and Assembly Member Zohran Mamdani committed to freezing rents for millions of New Yorkers living in rent-stabilized apartments at a Mayoral Forum on Housing on Saturday. Ramos and Mamdani, the two Queens-based candidates in the 2025 mayoral race, joined fellow… Read more »
Long Island City development moves forward with $70M loan for 26-story building
Dec. 10, 2024 By emarshall Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long… Read more »
Housing lottery launches for 90 units at Hearthstone in Astoria, rent starts at $828
Dec. 4, 2024 By Ethan Marshall New York City has launched a housing lottery for 90 units at Hearthstone, a 13-story residential building in Astoria. Located at 34-35 44th St., Hearthstone features 354 total residences, with 264 offered at market rate. Of the 90 remaining units, 36 have been designated for individuals earning 40% of… Read more »