Jun. 25, 2024 By emarshall June 25, 2024 By Ethan Marshall Skyline Tower, the tallest building in Queens, has set a new record for the price per square foot for a Queens unit, doing so for the second time. Additionally, Modern Spaces, the real estate firm handling sales for the units at the development, announced… Read more »
Category: construction-development
LIC-based Modern Spaces named exclusive marketer for Astoria luxury condominium
June 19, 2024 By Ethan Marshall The Long Island City-based real estate firm Modern Spaces has been assigned as the exclusive marketing and sales team for the residential project the Marina Astoria. Located at 30-05 Vernon Blvd., the Marina Astoria is a boutique luxury condominium with 67 units available, ranging from studios to three-bedroom units…. Read more »
Mayor launches billion dollar investment in NYC pools amid calls to extend pool season
June 19, 2024 By Iryna Shkurhan With increasingly hotter summers expected in years to come, the city announced a massive investment in NYC pools this week shortly before dozens of pools are scheduled to open for the season on June 26. On Tuesday, Mayor Eric Adams and the NYC Department of Parks and Recreation launched… Read more »
Housing lottery launches for 7-story mixed-use building in Woodside, rent at $2,200
Jun. 17, 2024 By emarshall June 17, 2024 By Ethan Marshall New York City has launched a housing lottery for eight units in a 7-story mixed-use building at 43-34 53rd St. in Woodside. The building has 24 residences, 16 of which are market rate. All eight affordable units are one-bedroom units meant for those earning… Read more »
Permits filed for 7-story mixed-use building in Ditmars Steinway
Jun. 6, 2024 By Ethan Marshall Permits have been filed for a 7-story mixed-use building at 21-11 31st Ave. in the Ditmars Steinway neighborhood of Queens. The proposed development would be 75 feet tall and yield 65,432 square feet. Much of the development would consist of residential space, with 63,490 square feet dedicated to that…
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Astoria tops as only Queens neighborhood in NYC experiencing largest growth in rental inventory: report
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 2024. The only neighborhoods to… Read more »
Dozens gather at Jackson Heights rally calling on Ramos to support Metropolitan Park
May. 14, 2024 By Czarinna Andres 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… Read more »
Housing lottery opens for 5-story mixed-use building in Astoria, rent starts at $2,800
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 »
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 »