July 16, 2024 By Ethan Marshall Eight West, an affiliate of the real estate firm The Hakimian Organization, announced that a $175 million construction take-out loan has been secured to finance SOLA, its newest mixed-use development located in Woodside. SOLA is scheduled to hold its grand opening on Monday, July 22. The loan was provided… Read more »
July 15, 2024 By Ethan Marshall Condo prices are up in Long Island City, although sales volume has dropped, according to a new report. The median price paid for a condo in Long Island City increased in the second quarter of 2024, compared to the same period last year, according to a report by the… Read more »
July 12, 2024 By Bill Parry A 27-year-old man was beaten and robbed by five men as he walked along Roosevelt Avenue in Jackson Heights at night last month. The suspect snatched a pricey gold chain from the victim. Police from the 115th Precinct in Jackson Heights were able to catch one of the… Read more »
July 12, 2024 By Ethan Marshall Construction has topped out on a 69-story residential skyscraper in Long Island City that will be the tallest building in Queens when it is completed. The building, called the Orchard and located at 27-48 Jackson Ave., is 811 feet tall and surpasses the 763-foot Skyline Tower, which opened in… Read more »
July 12, 2024 By Athena Dawson MoMA PS1 is kicking off its annual summer music series “Warm Up” on Friday, July 12. The six-week-long event will feature DJ sets and live performances from 4-10 p.m. on Friday evenings in July and August. Located at 22-25 Jackson Ave. in Long Island City, the music program features… Read more »
July 9, 2024 By Ethan Marshall New York City has launched a housing lottery for six units in a 3-story residential use condominium building at 12-19 31st Dr. in Astoria. The building has 17 total residences, with 11 being at market rate. All six affordable units are meant for those earning 130% of the area… Read more »
July 9, 2024 By Ethan Marshall Construction of the Borden Complex, a 5-story industrial building at 23-30 Borden Ave. in Long Island City, is nearly completed. The 166-foot-tall, 840,000-square-foot building has topped out, and its facade is almost finished. The development is expected to be completed before the end of the year. Approximately 220,000 square… Read more »
July 9, 2024 By Ethan Marshall Permits have been filed for the construction of a 7-story mixed-use building in Astoria. The building located at 23-29 Astoria Blvd., between 23rd Street and Crescent Street, would be 69 feet tall and feature 10 residential units and commercial space. The plans call for a building that would be… Read more »
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 »