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 »
Tag: Real Estate
Flushing, LIC, and Astoria see rise in Q3 condo sale prices, driven by strong demand in Queens real estate market: report
Nov. 6, 2024 By Ethan Marshall A key trend in Long Island City, Astoria and Flushing during the third quarter of 2024 was a rise in closed sale prices for condos, showing an increase compared to the same period in 2023, according to a report by the real estate firm Modern Spaces. Flushing had the… Read more »
Housing lottery launches for 282 units at towering Lumen LIC, rent starts at $2,990
Nov. 5, 2024 By Ethan Marshall New York City has launched a housing lottery for 282 units at Lumen LIC Apartments, a residential skyscraper in Long Island City. Located at 23-15 44th Rd., Lumen LIC is 67 stories tall and contains 802 residences, with 520 being at market rate. The remaining 282 units have been… Read more »
Construction completes for 7-story luxury condo building in Astoria
Oct. 31, 2024 By Ethan Marshall Construction has wrapped for Siena, a 7-story residential building in Astoria. Located at 31-27 Crescent St., Siena covers approximately 30,368 square feet of space, with 28 luxury condominium units. The units range from one-bedroom to two-bedroom layouts and have an average scope of 806 square feet. The finished building… Read more »
Housing lottery launches for 173 affordable units at Hunters Point’s newest high-rise, rent starts at $2,490
Oct. 31, 2024 By Ethan Marshall New York City has launched a housing lottery for 173 units at the two-tower complex at 2-20 Malt Dr. in Hunters Point. This 34-story high-rise yields 575 residences, 402 of which are market-rate. The other 173 units have been set aside for those earning 130% of the area median… Read more »
Demolition begins at former Paragon Paint Building site for 23-story mixed-use tower in Long Island City
Oct. 30, 2024 By Ethan Marshall Demolition work is underway for a structure at the site of an upcoming 23-story mixed-use building at 45-40 Vernon Blvd. in Long Island City. Formerly the site of the Paragon Paint Building, the derelict structure now has a hallowed framework. Scaffolding and netting have covered its main eastern elevation…. Read more »
Driving to new heights: Skyline Tower in LIC offers Porsche with select penthouse purchases
Oct. 25, 2024 By Ethan Marshall Skyline Tower, one of the tallest buildings in all of Queens, is offering those who purchase select penthouse units a 2024 Porsche 911 Turbo S now through Dec. 31. There are currently eight penthouse listings on Skyline Tower’s site, ranging in sales price from $1.83 million to $3.85 million…. Read more »
Malt Drive Park opens, transforming Long Island City waterfront along Newtown Creek
Oct. 24, 2024 By Ethan Marshall Malt Drive Park, a new expansive park along the Newtown Creek waterfront in the Hunter’s Point South section of Long Island City, officially opened to the public on Thursday, Oct. 17. This public space is meant to advance citywide efforts to bring more New Yorkers back to the water’s… Read more »
Demolition permits filed for three 2-story LIC commercial buildings
Oct. 24, 2024 By Ethan Marshall Permits have been filed to demolish three commercial buildings in Long Island City, across the Queensbridge Houses North. Located at 10-03 40th Ave., 10-05 40th Ave., and 10-07 40th Ave., each of these buildings is two stories high. All three buildings are 23 feet tall and cover 1,547 square… Read more »
Housing lottery launches for 150 units in mixed-use LIC building, rent starts at $2,900
Oct. 23, 2024 By Ethan Marshall New York City, in partnership with The Domain Companies, LMXD, the VOREA Group and Bridge Investment Group, has launched a housing lottery for 150 units in a mixed-use building located at 2-33 50th Ave. in Long Island City. Known as Jasper Hunter’s Point Apartments, the development has a total… Read more »