Tag: real-estate

Renderings unveiled for upcoming film and television studio in LIC

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Jan. 23, 2024 By zgewelb Jan. 23, 2024 By Ethan Marshall Renderings of the purpose-built film and television studio Borden Studios in Long Island City were unveiled Monday by the New York City-based real estate firm Innovo Property Group. The studio will occupy the top floors of the Borden Complex, a mixed-use development at 23-30 Borden Ave. expected to be completed in Spring 2024. The development is located about three blocks east of the Pulaski Bridge and is adjacent to the Newtown Creek. Borden Studios will feature over 220,000 square feet of production space and abundant parking. The space will… Read more »

Eight-story development coming to Astoria

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Jan. 5, 2024 By zgewelb Jan. 5, 2024 By Ethan Marshall Plans were unveiled Thursday for an 8-story, two building development in Astoria. The development, known as Fabric Astoria, will have 99 units spread across two sites–22-54 46th St. and 22-51 45th St. The 45th Street building will consist of 64 rental units. The 46th Street… Read more »

Affordable housing lottery opens in Astoria, rents start at $2,400 a month

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Jan. 4, 2024 By zgewelb Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held… Read more »

Average co-op in Sunnyside fetched $353K during January-August 2023, one-family houses approached $950K: report

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Dec. 28, 2023 By admin Dec. 28, 2023 By Christian Murray The Sunnyside and Woodside residential real estate market has remained resilient over the past year despite a significant uptick in interest rates, according to a new report released by a western Queens real estate firm. The report, put out by Sunnyside-based Welcome Home Real… Read more »

Studios rent for about $2,450 in Astoria affordable housing lottery

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Dec. 26, 2023 By Christian Murray Five units located in a new development in Astoria are now up for grabs as part of an affordable housing lottery. The units are located in a 5-story complex located at 26-31 3rd St., in a building that will contain 16 units. There is one studio available via the… Read more »

Rents climb in LIC and Astoria, while condo prices are mixed: report

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Nov. 14, 2023 By Ethan Marshall Rental prices were up while condos prices were mixed in Long Island City and Astoria in the third quarter of 2023, compared to the same period in 2022, according to a market report recently released by Queens real estate firm Modern Spaces. The average price to rent an apartment… Read more »

Median rent in northwestern Queens drops as market outlook weakens: report

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Nov. 14, 2023 By Ethan Marshall The median rent in northwest Queens plummeted in October, down 9.4% from September, according to a market report recently released by the real estate firm Douglas Elliman. The amount paid to rent an apartment in northwest Queens — covering Astoria, Long Island City, Sunnyside and Woodside — had a median…
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One in three NYC homes on the market don’t sell: report

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Nov. 6, 2023 By Ethan Marshall A study conducted by the New York City real estate firm StreetEasy concluded that 35.7% of previously-owned New York City homes on the market don’t get sold. StreetEasy also concluded that the average listing spends a median of 89 days on the market in New York City, compared to…
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