Tag: queens-real-estate-market

Long Island City development moves forward with $70M loan for 26-story building

Dec. 10, 2024 By emarshall Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long… Read more »

Newly developed Orion Astoria condominium attracts strong buyer interest, exceeds 60% sales milestone in just months

Dec. 3, 2024 By Czarinna Andres A newly developed boutique condominium in the heart of Astoria, has quickly gained traction in the market. Orion Astoria, located at 25-88 38th St., has been over 60% sold since launching sales in August 2024. The building recently received its temporary certificate of occupancy, and closings are set to… Read more »

New contracts in NYC get huge boost thanks to declining mortgage rates: report

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Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…