Category: construction-development

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 »

$60.25 million loan provided to complete condo development in Astoria

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 »

Affordable housing lottery opens in Astoria, rent set at $2,550

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 »