April 30, 2025 By Ethan Marshall Sales have officially launched for Vesta, a luxury condominium development located directly across from Murray Playground at 11-36 45th Road in Long Island City, offering 115 residences ranging from studios to three-bedroom units, with prices starting at $620,000 and going up to $1.855 million. The building was designed by… Read more »
April 21, 2025 By Ethan Marshall Permits have been filed to expand a 2-story building at 28-46 31st St. in Astoria into a 6-story mixed-use building with nine residences. The proposed expansion would result in the building being 70 feet tall and yielding 7,777 square feet of space. This would include 6,281 square feet of… Read more »
April 21, 2025 By Ethan Marshall Sign up for our weekly email newsletter to stay updated on the latest housing lotteries in New York City. New York City has launched a housing lottery for 91 units at Eagle Loft Collection Phase 2, located at 43-14 Queens St., off Jackson Avenue in Long Island City. The development features… Read more »
April 18, 2025 By Ethan Marshall and Christian Murray Sunnyside buyers saw a slight dip in co-op and house prices last year, while average sales prices in neighboring Woodside experienced a modest increase, according to a new report from Welcome Home Real Estate, based on NYC public data. The average price paid for studio and one-bedroom… Read more »
April 9, 2025 By Ethan Marshall Leasing was officially launched at the 417-unit, 26-story apartment building Link Apartments QPN, located at 41-46 27th St. in Long Island City, by the real estate company Grubb Properties. The units range in size from studios to three bedrooms. Monthly rents start in the $4,000s. Grand opening incentives will… Read more »
April 7, 2025 By Ethan Marshall As the Long Island City Business Improvement District (LIC BID) celebrates its 20th anniversary, community leaders and founding members are reflecting on the district’s transformative impact on one of New York City’s fastest-growing neighborhoods. Established in 2005 and managed by the Long Island City Partnership, the BID has played… Read more »
April 4, 2025 By Ethan Marshall Long Island City and Woodside are among the top ten New York City neighborhoods with the most significant year-over-year decline in median asking prices and the largest increase in inventory during the first two months of 2025, according to a report from real estate listing site StreetEasy. Long Island… Read more »
April 3, 2025 By Ethan Marshall Construction on a 9-story residential building at 43-09 52nd St. in Woodside, known as the Econopoly, is nearing the topping-out stage, with structural construction almost done. The completed building will be 90 feet tall and yield 24,547 square feet of space across 33 rental units, equating to an average… Read more »
March 28, 2025 By Ethan Marshall Permits have been filed for the construction of an 8-story mixed-use building with 165 residences on the vacant lot at 35-10 12th St. in Astoria. The proposed building would be 80 feet tall and yield 130,546 square feet, with 109,887 square feet designated for residential space for the 165… Read more »
March 27, 2025 By Ethan Marshall As Governor Kathy Hochul considers extending a tax incentive program meant to support the growth of businesses and create more jobs in New York City, Queens businesses and economic development agencies, especially the Long Island City Partnership in Long Island City, are pushing for it to continue beyond its… Read more »