Tag: real-estate-newsletter

New York’s senior citizens rally for housing repairs, oppose funding cuts to aging services

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senior citizens

Mar. 11, 2024 By Czarinna Andres and Lloyd Mitchell Senior citizens and community organizations across New York held a rally at Queens Borough Hall in Kew Gardens on Thursday, where they called for senior centers to be repaired and upgraded—and for the better services for older adults. Representatives of LiveOn NY, an advocacy group representing more than 4 million seniors and 120 living centers throughout the state, led the rally where the attendees demanded structural repairs and upgrades of senior center complexes. They also seek an increase in staffing to meet the needs of the growing senior population. The attendees…
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$97 million boost for Forest Hills luxury living: The Yellowstone

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refinancing

Mar. 7, 2024 By Ethan Marshall The real estate organization Slate Properties Group, in partnership with Grobman Gross Properties, announced a $97 million refinancing for a recently completed 166-unit luxury apartment building in Forest Hills. The Yellowstone, located at 69-65 Yellowstone Blvd., will be using these funds to retire existing debt, cover closing costs and…
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Willets Point development clears latest hurdle in the public review process with unanimous approval of the City Planning Commission

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willets point

Mar. 7, 2024 By Bill Parry The massive Willets Point redevelopment project passed another key milestone Wednesday when the City Planning Commission voted unanimously to approve phase two of the plan that calls for a 25,000-seat soccer-specific stadium, 1,400 units of affordable housing, a 250-room hotel, a 650-seat public school, 80,000 square feet of retail…
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Deal closed to add 230 affordable housing units to Hillside Avenue in Jamaica

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housing

Mar. 4, 2024 By Ethan Marshall Approximately 230 units of affordable housing is slated to come to Hillside Avenue in Jamaica. Local Initiatives Support Corporation NY (LISC NY), a New York-based minority and women-owned enterprise, has partnered with MURAL Real Estate Partners, a privately owned real estate company, to develop the units. LISC NY announced…
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Permits filed for 6-story, 20 residential unit mixed-use building in Jamaica

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filed

Feb. 21, 2024 By Ethan Marshall Permits have been filed for a 6-story, 20 residential unit mixed-use building on Jamaica Avenue in Jamaica. The proposed development, which is slated to go up at 179-07 Jamaica Ave., would be approximately 63 feet tall and yield 15,363 square feet. Approximately 13,672 square feet of the development would…
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Rego Park residents rally against proposed men’s homeless shelter

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Rego Park

Feb. 20, 2024 By Anthony Medina Rego Park residents outraged over another proposed men’s homeless shelter in their neighborhood took to the streets on Sunday, Feb. 18, in a march and rally to oppose the city’s plans.  The proposed single men’s homeless shelter site is located at the Rego Park Wyndham Garden Hotel at 61-18…
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Permits filed for 4-story, 47-unit residential building in Flushing

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filed

Feb. 20, 2024 By Ethan Marshall Permits have been filed for a 4-story, 47-unit residential building on 32nd Avenue in Flushing. The proposed development, which is slated to go up at 141-05 32nd Ave., would be approximately 40 feet tall and have 36,927 square feet of residential space, according to the permit. The development would include 47 residences, with each unit being an average of 786 square feet. Given the size, the units are likely to condos as opposed to rentals. In addition to the 47 residences, the structure will also have a cellar, 47 enclosed parking spaces and a…
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