July 2, 2024 By Ethan Marshall Over 400 guests, including those involved in developing and selling Noble LIC, a 46-unit luxury condominium on 40th Avenue, celebrated several milestones with a launch party on Thursday, June 20. The first milestone recognized by attendees was the development’s offering plan being declared effective. This means that the paperwork… Read more »
July 1, 2024 By Ethan Marshall Construction is now underway on a 5-story mixed-use building at 49-18 Vernon Blvd. in Long Island City. Located at the corner of Vernon Boulevard and 50th Avenue and across from an entrance to the Vernon Boulevard-Jackson Avenue subway station, the property will have 15 residential units and ground-floor retail… Read more »
July 1, 2024 By Ethan Marshall The popular Queens bagel chain Utopia Bagels will open a third location—with a storefront in Long Island City. The company will be opening at 26-11 Jackson Ave., although the operators of Utopia Bagels were unable to provide a specific date. The firm said it is likely to open in… Read more »
June 27, 2024 By Richard Khuzami Most of the media coverage regarding the City of Yes zoning changes, regarding increasing housing, are focused on the negative response from many of the Community Boards from the outer boroughs, especially those especially distant from Manhattan (as of today, we have seen no coverage of CB1 Queens approval… Read more »
June 27, 2024 By Ethan Marshall The Long Island City Neighborhood Plan has advanced to environmental and public review after NYC Department of City Planning Director Dan Garodnick unveiled the draft zoning framework, a detailed map and draft strategies Tuesday, June 25. This zoning proposal was first shown during Monday’s neighborhood town hall for “One… Read more »
June 25, 2024 By Ethan Marshall Skyline Tower, the tallest building in Queens, has set a new record for the price per square foot for a Queens unit, doing so for the second time. Additionally, Modern Spaces, the real estate firm handling sales for the units at the development, announced that 90% of them have… Read more »
June 24, 2024 By Ethan Marshall The New York Lottery announced that a second-prize-winning ticket in the Cash4Life lottery was sold at a Sunnyside business Sunday for that evening’s drawing. Alam and Brothers Inc., located at 42-01 Queens Blvd., sold the ticket, which is worth a guaranteed minimum of $1 million. The lottery winner who… Read more »
June 19, 2024 By Ethan Marshall The Long Island City-based real estate firm Modern Spaces has been assigned as the exclusive marketing and sales team for the residential project the Marina Astoria. Located at 30-05 Vernon Blvd., the Marina Astoria is a boutique luxury condominium with 67 units available, ranging from studios to three-bedroom units…. Read more »
June 17, 2024 By Ethan Marshall New York City has launched a housing lottery for eight units in a 7-story mixed-use building at 43-34 53rd St. in Woodside. The building has 24 residences, 16 of which are market rate. All eight affordable units are one-bedroom units meant for those earning 130% of the area median… Read more »
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 »