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 earning 130% of the area… Read more »
Category: construction-development
New Hunter’s Point South city street bringing residential development and waterfront park expansion to community
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 »
Price of closed condos in Astoria rose 11% during first quarter of 2024 compared to previous year: Report
May 2, 2024 By Ethan Marshall During the first quarter of 2024, the average price for closed condos in Astoria went up 11% year-over-year, according to the Q1 report by the real estate firm Modern Spaces. The Astoria condo market saw a notable increase in average closing prices, climbing from $683,307 in the first quarter… Read more »
Largest outdoor mural installation in Queens unveiled at Paseo Park in Jackson Heights
Apr. 30, 2024 By emarshall Apr. 30, 2024 By Ethan Marshall Community members and leaders gathered at Paseo Park in Jackson Heights Friday to celebrate the unveiling of a new outdoor mural installation. The mural, known as “Painting Paseo: 26 Blocks of Joy,” is the largest outdoor mural installation in the borough. It was created… Read more »
Variety Boys and Girls Club of Queens awarded $3 million capital grant for new Astoria headquarters
Apr. 29, 2024 By Bill Parry Variety Boys and Girls Club of Queens was awarded a $3 million capital from Empire State Development earlier this month to support the club’s redevelopment project in Astoria. The new clubhouse will be approximately 125,000 square feet and include a state-of-the-art gymnasium, 175-seat theater, regulation swimming pool, classroom… Read more »
Queens Plaza set for transformation with over 1,400 new luxury units by 2026
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 »
Excavation set to begin on Astoria property for residential tower
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… Read more »
Long Island City Partnership to host 19th annual Real Estate Breakfast
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 »
Former LIC parachute factory transformed into 7-story life sciences space
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 »
Affordable housing lottery opens for recently completed 19-story residential building in Astoria, rent starts at $3,105
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 of 165 units in the… Read more »