Jan. 5, 2024 By Ethan Marshall Plans were unveiled Thursday for an 8-story, two building development in Astoria. The development, known as Fabric Astoria, will have 99 units spread across two sites–22-54 46th St. and 22-51 45th St. The 45th Street building will consist of 64 rental units. The 46th Street building will comprise of 35… Read more »
Tag: Real Estate
Affordable housing lottery opens in Astoria, rents start at $2,400 a month
Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held by the city for the… Read more »
Average co-op in Sunnyside fetched $353K during January-August 2023, one-family houses approached $950K: report
Dec. 28, 2023 By Christian Murray The Sunnyside and Woodside residential real estate market has remained resilient over the past year despite a significant uptick in interest rates, according to a new report released by a western Queens real estate firm. The report, put out by Sunnyside-based Welcome Home Real Estate, indicates that both house… Read more »
Affordable housing lottery opens in Woodside, rents start at $847 per month
Dec. 27, 2023 By Ethan Marshall A total of 23 affordable housing units in a nine-story Woodside development are up for grabs, with rents starting as low as $847 a month for a one-bedroom. The development, located at 43-15 52nd St., features 87 units, with 64 being market rate. The city is holding a lottery… Read more »
Studios rent for about $2,450 in Astoria affordable housing lottery
Dec. 26, 2023 By Christian Murray Five units located in a new development in Astoria are now up for grabs as part of an affordable housing lottery. The units are located in a 5-story complex located at 26-31 3rd St., in a building that will contain 16 units. There is one studio available via the… Read more »
Developers celebrate ‘topping out’ of 50-story residential skyscraper in Long Island City
Dec. 1, 2023 By Ethan Marshall The topping out of a 50-story residential skyscraper at 26-32 Jackson Ave. in Long Island City was completed Monday, Nov. 27. On hand to take part in the celebration of this stage of the skyscraper’s construction were the real estate firms Fetner Properties and Lions Group, which will each… Read more »
Bravo TV star’s real estate agency tabbed for marketing and sales for new Astoria condominium development
Nov. 21, 2023 By Ethan Marshall VELA, a new luxury condominium development in Astoria, has named the real estate agency Serhant New Development as its exclusive leasing, marketing and sales agency. This agency was founded in 2020 by Ryan Serhant, the star of the Bravo TV show “Million Dollar Listing New York.” The Serhant agency is… Read more »
Rents climb in LIC and Astoria, while condo prices are mixed: report
Nov. 14, 2023 By Ethan Marshall Rental prices were up while condos prices were mixed in Long Island City and Astoria in the third quarter of 2023, compared to the same period in 2022, according to a market report recently released by Queens real estate firm Modern Spaces. The average price to rent an apartment… Read more »
Median rent in northwestern Queens drops as market outlook weakens: report
Nov. 14, 2023 By Ethan Marshall The median rent in northwest Queens plummeted in October, down 9.4% from September, according to a market report recently released by the real estate firm Douglas Elliman. The amount paid to rent an apartment in northwest Queens — covering Astoria, Long Island City, Sunnyside and Woodside — had a median…
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Hunters Point among biggest contributors to NYC being ranked as city with most expensive zip codes
Nov. 7, 2023 By Ethan Marshall Real estate firm PropertyShark ranked New York City as the city with the largest concentration of expensive ZIP codes in the U.S. by closed home sales. In PropertyShark’s report, the ZIP code for Hunters Point in Queens,11109, was cited as one of the eight New York City locations to… Read more »