June 27, 2024 By Ethan Marshall The Long Island City Neighborhood Plan has advanced to environmental and public review after NYC Department of City Planning Director Dan Garodnick unveiled the draft zoning framework, a detailed map and draft strategies Tuesday, June 25. This zoning proposal was first shown during Monday’s neighborhood town hall for “One… Read more »
Tag: Real Estate
Council Member Won hosts packed town hall to shape ‘One LIC’ neighborhood plan for Long Island City
June 25, 2024 By Queens Post News Team Around 250 Long Island City residents attended a town hall hosted by Council Member Julie Won to share recommendations about the Long Island City Neighborhood Plan, “One LIC”, which aims to create a vision for the neighborhood encompassing affordable housing, job growth and public space investments. The… Read more »
Skyline Tower in LIC reaches new price per square foot record, 90% of units now sold
June 25, 2024 By Ethan Marshall Skyline Tower, the tallest building in Queens, has set a new record for the price per square foot for a Queens unit, doing so for the second time. Additionally, Modern Spaces, the real estate firm handling sales for the units at the development, announced that 90% of them have… Read more »
LIC-based Modern Spaces named exclusive marketer for Astoria luxury condominium
June 19, 2024 By Ethan Marshall The Long Island City-based real estate firm Modern Spaces has been assigned as the exclusive marketing and sales team for the residential project the Marina Astoria. Located at 30-05 Vernon Blvd., the Marina Astoria is a boutique luxury condominium with 67 units available, ranging from studios to three-bedroom units…. Read more »
Housing lottery launches for 7-story mixed-use building in Woodside, rent at $2,200
June 17, 2024 By Ethan Marshall New York City has launched a housing lottery for eight units in a 7-story mixed-use building at 43-34 53rd St. in Woodside. The building has 24 residences, 16 of which are market rate. All eight affordable units are one-bedroom units meant for those earning 130% of the area median… Read more »
Long Island City eyes community projects with $10 million state grant
June 17, 2024 By Iryna Shkurhan With Long Island City set to receive $10 million in state funding through an economic development grant, the next step is identifying potential projects the community would like to see. Last week, Queens Borough President Donovan Richards and the Queens Chamber of Commerce announced the launch of the public… Read more »
Sunnyside stands with neighbors displaced by 5-alarm inferno last year as they face further evictions by landlord
June 11, 2024 By Bill Parry Council Member Julie Won and Congresswoman Nydia Velázquez on Saturday rallied with their constituents, who were displaced by a massive five-alarm fire at their Sunnyside apartment complex just days before Christmas, to call on A&E Real Estate Holdings to extend tenants’ temporary leases. Families and individuals from at least… Read more »
Permits filed for 7-story mixed-use building in Ditmars Steinway
June 10, 2024 By Ethan Marshall Permits have been filed for a 7-story mixed-use building at 21-11 31st St. in the Ditmars Steinway neighborhood of Queens. The proposed development would be 75 feet tall and yield 65,432 square feet. Much of the development would consist of residential space, with 63,490 square feet dedicated to that… Read more »
Renderings unveiled for upcoming 39-residential unit development in Long Island City
May 31, 2024 By Ethan Marshall Renderings for a new mixed-use building at 43-05 Crescent St. in Long Island City have been unveiled by the architecture firm working on the project, INOA Architecture. Upon completion, the property will be nine stories and 119 feet tall, yielding 26,913 square feet of interior space. The building will… Read more »
Astoria tops as only Queens neighborhood in NYC experiencing largest growth in rental inventory: report
May 17, 2024 By Ethan Marshall The Queens neighborhood of Astoria experienced the third-largest year-over-year increase in rental inventory in April 2024, according to a report by the real estate listing information site StreetEasy. Rental inventory in Astoria rose 47.1% year-over-year, from 936 in April 2023 to 1,377 in April 2024. The only neighborhoods to… Read more »