May 5, 2023 By Michael Dorgan A fully affordable housing complex for low-income families and the formerly homeless has opened in Astoria — and officials including Mayor Eric Adams held a ribbon-cutting ceremony to mark the occasion on Wednesday, May 3. The new development, located at 3-24 27th Ave., is situated on a former parking… Read more »
Tag: affordable-housing
Developers constructing 354-unit residential building in Astoria secure $165M loan
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 »