Category: construction-development

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 »

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 »

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 »