Mar. 12, 2024 By ishkurhan Mar. 12, 2024, By Iryna Shkurhan The proposal to double the size and budget of the Long Island City Business Improvement District (BID) is closer to becoming a reality following the advisory approval from Community Board 2 last week. On Thursday, Mar. 7, the board gathered for its first hybrid… Read more »
Mar. 7, 2024 By Ethan Marshall The New York City real estate developer Slate Property Group, in partnership with the investment service LibreMax Capital, announced a $60.25 million bridge loan to Ming’s Garden Realty LLC for the completion of a condo development at 26-01 4th St. in Astoria. The funds will be used for the… Read more »
Mar. 5, 2024 By Ethan Marshall A total of three affordable units are up for grabs in a development in Astoria, with a monthly rent of $2,550. The affordable units are part of a 6-story, multi-use building at 26-36 4th St. There are a total of 10 residences in the building, with seven being market… Read more »
Feb. 20, 2024 By bparry
[caption id="attachment_71903" align="alignnone" width="874"] Parcel E of the Hunters Point South community is on public land between the East River and the rapidly rising Malt Drive development along 2nd Street in Long Island City. Photo by Bill Parry[/caption]
Feb. 20, 2024 By Bill Parry
Feb. 13, 2024 By Ethan Marshall Permits have been filed for a 7-story mixed-use building at 28-08 21st St. in Astoria. According to the permits, the proposed development would be approximately 74 feet tall, with 17,096 square feet of residential space. A total of 25 residential units would be in the development. In addition to… Read more »
Jan. 24, 2024 By Ethan Marshall Signups are now open for the priority renters’ list of a 354-unit multifamily development in Astoria expected to be completed in time for residents to move in during Fall 2024. Signing up for this list allows prospective tenants to receive updates on when units will be leased and the… Read more »
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 »
Nov. 22, 2023 By Bill Parry Once known as the commercial beating heart of Astoria, the slow decline of the Steinway Street business corridor began a half century ago with the opening of the Queens Center mall in Elmhurst. Shoppers migrated to the borough’s largest mall and Steinway Street storefront businesses bore the brunt of… Read more »
Nov. 1, 2023 By Ethan Marshall The real estate company Durst Organization and its general contractor Urban Atelier Group have topped out construction of a two-tower, mixed-use complex at 20 Halletts Point Rd. and 30 Halletts Point Rd. in Astoria on Thursday, Oct. 26. The towers, which will contain 647 total units, now stand at 27… Read more »
March 3, 2023 By Michael Dorgan The two developers behind a 354-unit residential building in Astoria have secured a loan to finish constructing the project. The developers, Silverstein Properties and Cantor Fitzgerald, announced Wednesday, March 1, that the joint venture arranged a loan of $165 million from Banco Inbursa — a financial firm based in… Read more »