June 10, 2024 By Ethan Marshall Permits have been filed for a 7-story mixed-use building at 21-11 31st St. in the Ditmars Steinway neighborhood of Queens. The proposed development would be 75 feet tall and yield 65,432 square feet. Much of the development would consist of residential space, with 63,490 square feet dedicated to that… Read more »
June 3, 2024 By Ethan Marshall In celebration of the beginning of Pride month, Jackson Heights hosted its 32nd annual Queens Pride parade Sunday. Thousands gathered to celebrate this parade. Founded in 1993 by Daniel Dromm and Maritza Martinez, this parade is the second-oldest and biggest in all of New York City. It highlights the… Read more »
May 31, 2024 By Ethan Marshall Renderings for a new mixed-use building at 43-05 Crescent St. in Long Island City have been unveiled by the architecture firm working on the project, INOA Architecture. Upon completion, the property will be nine stories and 119 feet tall, yielding 26,913 square feet of interior space. The building will… Read more »
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 »
May 14, 2024 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 12-22 Astoria Blvd. in Astoria. The building has ten residences, seven of which are market rate. The three affordable residences are each two-bedroom units meant for those earning 130% of the area… Read more »
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 along the waterfront, will be… Read more »
May 8, 2024 By Ethan Marshall A new 736,000-square-foot urban industrial facility is being built in Long Island City by the real estate investment and operating company Innovo Property Group, with a targeted completion of Fall 2025. Known as the Review Avenue Complex, this 6-story facility will be available for multiple uses by multiple tenants…. Read more »
May 6, 2024 By Ethan Marshall The local grocery store Dumbo Market has signed a lease for approximately 13,500 square feet of space at Jasper, a $370 million mixed-use development in Long Island City. Located at 2-33 50th Ave. in the Hunters Point neighborhood, the new Dumbo Market location, along with the rest of the… Read more »
May 6, 2024 By Ethan Marshall The Queens Chamber of Commerce, the oldest and largest business association in the borough, announced Friday that the winner of its inaugural “Queens’ Best Halal Restaurant Competition” was the Astoria modern Thai fusion restaurant Nur Thai. In celebration of the restaurant’s distinct honor, Nur Thai, located at 31-01 34th… Read more »
May 2, 2024 By Ethan Marshall During the first quarter of 2024, the average price for closed condos in Astoria went up 11% year-over-year, according to the Q1 report by the real estate firm Modern Spaces. The Astoria condo market saw a notable increase in average closing prices, climbing from $683,307 in the first quarter… Read more »