Tag: real-estate-newsletter

Permits filed for building with 44 residences on vacant lot in Far Rockaway

permits

Sep. 9, 2025 By Ethan Marshall Permits have been filed for the construction of a 9-story mixed-use building with 44 housing units on the vacant lot at 21-12 Cornaga Ave. in Far Rockaway. The proposed building would be 80 feet tall and yield 64,676 square feet of space. Residential space will account for 33,973…

Rochdale Village residents protest against potential 30% rate hikes at Mitchell-Lama complex

Rochdale Village residents protest against potential 30% rate hikes. Photo: Paul Frangipane.

Sep. 9, 2025 By Shane O’Brien Residents at Rochdale Village, one of the largest Mitchell-Lama co-op housing complexes in the country, staged a protest Sunday against proposed rate hikes that could rise as high as 30%. Residents on Sept. 7 gathered at the Rochdale Park basketball courts against the backdrop of the Rochdale Village…

Guide to Bayside: Real estate developments, new businesses and more

real estate

Sep. 4, 2025 By Ethan Marshall Bayside’s real estate market has been very active so far in 2025, especially in commercial real estate. Numerous new businesses have moved in and opened up in the neighborhood. This includes several new restaurants, offering all sorts of food to the Bayside community. There are also some notable…

City Planning Commission votes in favor of OneLIC Neighborhood Plan

onelic

Sep. 3, 2025 By Shane O’Brien The City Planning Commission (CPC) has voted in favor of the OneLIC Neighborhood Plan, which aims to transform a large portion of Long Island City with new zoning rules that would create nearly 14,700 housing units, including 4,300 affordable homes. Mayor Eric Adams and CPC Chair Dan Garodnick…

Permits filed for residential building with 18 units in Arverne

permits

Sep. 3, 2025 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building with 18 housing units at 3-06 Beach 68th St. in Arverne. The proposed building would be 45 feet tall and span 11,550 square feet. With an average unit scope of 641 square feet, the 18 residences…

$23.15 million in financing secured for construction of new LIC mixed-use building

financing

Sep. 3, 2025 By Ethan Marshall The commercial real estate brokerage firm RIPCO Real Estate announced it has secured a $23.15 million loan from Bridge City Funding to provide first mortgage construction financing for a new mixed-use building on the lot at 37-20 Crescent St. in the Dutch Kills section of Long Island City.…

Average price of Queens homes for up to three families eclipses $1 million: report

price

Sep. 2, 2025 By Ethan Marshall The average cost of homes for one to three families reached $1,013,558 in the second quarter of 2025, marking the first time that price has reached $1 million dating back to the second quarter of 2024, according to a report by the real estate firm Brown Harris Stevens.…

Permits filed to expand 2-story Astoria building into a 5-story dwelling for 10 residences

permits

Aug. 29, 2025 By Ethan Marshall Builders have filed permits to expand a 2-story Astoria building in order to accommodate 10 housing units. The permits for 32-02 31st Ave. in Astoria would add three floors to the structure, making it a 5-story residential building. Ten apartments would be created as a result. Under the…

City Planning Commission votes to approve Jamaica rezoning plan

jamaica

Aug. 27, 2025 By Athena Dawson The Department of City Planning (DCP) Commission voted to pass the Jamaica Neighborhood Plan during a public hearing on Tuesday, Aug 12.  Since the plan has passed the commission, it will move forward to the City Council for a vote. The City Council has 50 days to review…