Dec. 18, 2024 By Ethan Marshall New York City has launched a housing lottery for 72 units at AURA, a 37-story mixed-use building in Long Island City. Located at 23-10 42nd Rd., AURA features 240 residential units, with 168 offered at market rate. The 72 remaining units have all been designated for individuals who earn… Read more »
Tag: Real Estate
Long Island City development moves forward with $70M loan for 26-story building
Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long Island City. Watermark Capital Group,… Read more »
Housing lottery launches for 90 units at Hearthstone in Astoria, rent starts at $828
Dec. 4, 2024 By Ethan Marshall New York City has launched a housing lottery for 90 units at Hearthstone, a 13-story residential building in Astoria. Located at 34-35 44th St., Hearthstone features 354 total residences, with 264 offered at market rate. Of the 90 remaining units, 36 have been designated for individuals earning 40% of… Read more »
Permits filed for new 4-story residential building in Bayside with 103 units
Dec. 3, 2024 By Ethan Marshall Permits have been filed for the construction of a new 4-story residential building at 211-13 26th Ave. in Bayside. The proposed development, situated between Bell Boulevard and Corporal Kennedy Street, will rise to a height of 40 feet, offering 87,901 square feet of residential space spread across 103…
Housing lottery launches for 110 units at SOLA in Woodside, rent starts at $1,541
Nov. 25, 2024 By Ethan Marshall New York City has launched a housing lottery for 110 units at SOLA, a 12-story mixed-use building in Woodside. Located at 72-01 Queens Blvd., SOLA features 364 residences, of which 254 are offered at market rate. Of the remaining 110 units, 65 are designated for individuals earning 80% of… Read more »
Construction completes for The Northern residential buildings in LIC
Nov. 20, 2024 By Ethan Marshall Construction has wrapped for The Northern, two residential buildings at 38-27 and 38-38 32nd St. in Long Island City. The development will yield 116 rental units. Exterior work has been completed for both buildings, each 10 stories tall. This comes almost exactly one year after the buildings were topped… Read more »
Permits filed to demolish four residential buildings on 30th Street near Astoria Boulevard
Nov. 13, 2024 By Ethan Marshall Permits have been filed to demolish four single-family residential buildings at 26-29 30th St. and 26-31 30th St. in Astoria. The two main houses on this property each stand 23 feet tall and span approximately 1,000 feet. The two rear houses are shorter, at 12 feet tall, but still… Read more »
New 9-story affordable housing project tops out on Queens Boulevard in Woodside
Nov. 12, 2024 By Ethan Marshall Construction for a new 9-story affordable housing building at 65-25 Queens Blvd. in Woodside has just topped out. The building will stand 95 feet tall and take up 23,861 square feet. It will have 29 total rental units, with an average unit size of 823 square feet. According to… Read more »
Housing lottery launches for 112 units at Vordonia Towers in Astoria, rent starts at $1,190
Nov. 12, 2024 By Ethan Marshall New York City has launched a housing lottery for 112 units at Vordonia Towers, a residential building in Astoria. Located at 34-46 Vernon Blvd., this 17-story building features a total of 404 residences, with 292 offered at market rates. Of the remaining 112 units, 22 are designated for individuals… Read more »
Sales begin for Centric, upcoming 131-unit luxury condominium in Woodside
Nov. 7, 2024 By Ethan Marshall The New York-based development and construction management firm New Empire Corp. announced the launch of sales at Centric, a new luxury condominium in Woodside, on Thursday, Oct. 31. Centric is located at 58-01 Queens Blvd., the site of a former Rite-Aid and across from KFC to the west and… Read more »