Oct. 23, 2024 By Ethan Marshall Permits have been filed for the construction of a 5-story mixed-use building at 31-15 Linden Pl. in Flushing. The proposed development, located between 31st Road and 32nd Avenue, would be 45 feet tall and yield 11,690 square feet. A majority of the space will be dedicated to residential…
Oct. 22, 2024 By Ethan Marshall New York City, in partnership with L+M Development Partners, Triangle Equities and The Bluestone Organization, has launched a housing lottery for 116 units in a mixed-use building located at 3-51 Beach 35th St. in Far Rockaway. Known as Beach Green Dunes III, the building has a total of…
Oct. 21, 2024 By Iryna Shkurhan Elected officials from northeast Queens gathered at Beech Hills Apartments in Douglaston last Thursday to celebrate the signing of the Ground Lease Renewal Bill, a new law that offers co-op owners and prospective buyers greater flexibility. The bill allows co-op owners to extend or renew their ground leases…
Oct. 21, 2024 By Ethan Marshall As the first-time foreclosure market continued to slow across New York City during the third quarter of 2024 compared to the same period of time the previous year, Queens contributed immensely to this change, according to a report by the real estate agency PropertyShark. Across New York City,…
Oct. 18, 2024 By Ethan Marshall Construction has been put on hold for a 17-story mixed-use building at 3-50 St. Nicholas Ave. in Ridgewood. Known as The Ridgewood, this tower will be the tallest structure in Ridgewood. It will cover 284,000 square feet. In addition to 97,000 of that square footage being dedicated to…
Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…
Oct. 15, 2024 By Ethan Marshall Permits have been filed for the construction of a 4-story residential building at 616 Hartman Ln. in Far Rockaway. The proposed development, located between Beach 25th Street and Hartman Lane, would be 40 feet tall and yield 29,418 square feet when built. Demolition permits will not be needed,…
Oct. 15, 2024 By Ethan Marshall Construction has wrapped for The Lionheart, an 8-story transitional housing complex in Rego Park. Located at 92-62 Queens Blvd., the Lionheart stands 83 feet tall and spans 57,407 square feet. The building features 88 affordable rental units, each averaging 798 square feet. A portion of these units will…
Oct. 14, 2024 By Ethan Marshall The number of new leases for rentals signed in northwest Queens maintained its year-over-year surge in September 2024, according to a report by the real estate firm Douglas Elliman Real Estate. New leases signed spiked up 188.2% year-over-year, from just 296 in September 2023 to 853 in September…
Oct. 3, 2024 By Iryna Shkurhan A group representing dozens of civic and neighborhood organizations across Queens is calling for an investigation into a citywide housing proposal amid federal probes into the mayor and his administration. On Monday, the Queens Civic Congress released a statement calling for an immediate halt to the City of…