June 12, 2025 By Ethan Marshall The real estate private equity firm Madison Realty Capital, the real estate development and management firm Kushner and the global investment manager OneIM have combined to provide a $525 million construction loan to Charney Companies and Tavros to assist in their development of a 55-story, 636-unit skyscraper in the Court Square… Read more »
June 10, 2025 By Ethan Marshall As construction begins on the second phase of the Astoria mixed-use development Rowan at 21-11 31st St., new renderings have been unveiled for the project. The second phase consists of the second building of the project, Rowan II. This building will be 70 feet tall and have 90 residences…. Read more »
June 10, 2025 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building featuring seven housing units at 88-40 54th Ave. in Elmhurst. The proposed building would be 40 feet tall and yield 4,913 square feet of space. With an average unit scope of 701 square feet, the seven residences… Read more »
May 28, 2025 By Ethan Marshall Permits have been filed for the construction of a 15-story mixed-use building featuring 32 residential units at 27-16 43rd Ave. in Long Island City. The proposed building would be 150 feet tall and yield 23,795 square feet of space, with 22,457 square feet devoted to residential space and 1,338… Read more »
May 23, 2025 By Ethan Marshall Residents of Long Island City, Sunnyside and Woodside are experiencing a sharp rise in overall well-being, according to the latest data from the American Human Development Index. A new report by Measure of America shows that these three Queens neighborhoods saw major gains in life expectancy, income, and education… Read more »
May 22, 2025 By Ethan Marshall The real estate investment and operating company Innovo Property Group announced the topping off of the Review Avenue Complex, an upcoming urban industrial facility at 28-90 Review Ave. in Long Island City, within the Borden Innovation District. Construction began on the complex toward the end of Spring 2024. The… Read more »
May 21, 2025 By Ethan Marshall Permits have been filed for the construction of a 10-story mixed-use building with 26 housing units at 40-46 75th St. in Elmhurst near Elmhurst Hospital. The proposed building would be 103 feet tall. It would span 19,982 square feet of space, with 17,878 square feet dedicated to residential space… Read more »
May 16, 2025 By Ethan Marshall Permits have been filed to expand a 2-story residential building at 94-24 55th Ave. in Elmhurst into a 4-story building with six housing units. The proposed expansion would create a building 44 feet tall that would yield 6,297 square feet of space. With an average unit scope of 1,049… Read more »
May 13, 2025 By Ethan Marshall Since its founding in 1970 by Tom and Fred Elghanayan, the real estate development company TF Cornerstone has played a pivotal role in helping to shape the current landscape of the waterfront of Long Island City, as well as western Queens as a whole. Committed to long-term multi-generational ownership,… Read more »
May 13, 2025 By Ethan Marshall Construction has been completed on a 7-story mixed-use building with 24 housing units at 43-34 53rd St. in Woodside. The building covers a total of 20,981 square feet of space, with 2,679 square feet devoted to commercial space. The 24 rental units have an average unit scope of 664… Read more »