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 »
Apr. 30, 2024 By Ethan Marshall Community members and leaders gathered at Paseo Park in Jackson Heights Friday to celebrate the unveiling of a new outdoor mural installation. The mural, known as “Painting Paseo: 26 Blocks of Joy,” is the largest outdoor mural installation in the borough. It was created by 26 different Queens-based artists,… Read more »
Apr. 29, 2024 By Ethan Marshall A total of 1,412 units across six upcoming luxury buildings are expected to transform the Queens Plaza area in Long Island City by creating much-needed housing in the area. All six projects are expected to be completed as early as this year and no later than 2026. As each… Read more »
Apr. 25, 2024 By Olivia Seaman Rob Basch is not your average volunteer. While many might shy away from the idea of picking up trash for a living, Basch embraces it wholeheartedly. As the president of the Hunters Point Park Conservancy in Long Island City, he dedicates his days to nurturing the park and transforming… Read more »