Feb. 12, 2025 By Ethan Marshall New York City has launched a housing lottery for 16 luxury units in The Fifty LIC, an 11-story mixed-use building at 39-26 30th St. in Long Island City. As evidenced by its namesake, the building features 50 residences, 34 of which are market rate. The other 16 units have… Read more »
Feb. 10, 2025 By Neil Herdan There is no doubt these are very challenging times for Astoria businesses. The cost of many essentials, such as spare parts and food products, has increased. Conversely, labor costs, labor shortages, energy bills, and property insurance have skyrocketed. Some businesses, such as Retro on Broadway, lost their leases. Others,… Read more »
Feb. 10, 2025 By Ethan Marshall Permits have been filed for the construction of a 5-story mixed-use building at 11-08 Main Ave. in Astoria. The lot, which has previously been used as a school bus parking area, is located across from the Two Coves Community Garden. The proposed development would be 54 feet tall and… Read more »
Feb. 7, 2025 By Ethan Marshall Radiant, one of the newest luxury condominiums to open in Long Island City, announced that more than 30% of its residences have entered contract just over three months after beginning sales. By reaching this “effective” mark, the condominium, located at 24-01 Queens Plaza North, can now close sales for… Read more »
Feb. 6, 2025 By Ethan Marshall New York City plans to release a request for expressions of interest this spring for 44-36 Vernon Blvd. in Long Island City, according to Crain’s New York Business. The property was once meant to serve as Amazon’s headquarters before the company abandoned the plans in 2019 following severe opposition from many residents… Read more »
Jan. 31, 2025 By Ethan Marshall New York City has launched a housing lottery meant to benefit seniors for 13 units in a 7-story mixed-use building at 3-11 27th Ave. in Astoria. The building has 50 residences, 37 of which are market rate. The other 13 units are available for those earning 80% of the… Read more »
Jan. 29, 2025 By emarshall Jan. 29, 2025 By Ethan Marshall Queens’ condo market remained dynamic in 2024, with certain neighborhoods experiencing distinct market shifts in the final quarter of 2024. During the fourth quarter last year, the condo markets in the Queens neighborhoods of Astoria, Long Island City and Flushing each experienced different trends… Read more »
Jan. 29, 2025 By Ethan Marshall Queens’ condo market remained dynamic in 2024, with certain neighborhoods experiencing distinct market shifts in the final quarter of 2024. During the fourth quarter last year, the condo markets in the Queens neighborhoods of Astoria, Long Island City and Flushing each experienced different trends from the previous year, especially… Read more »
Jan. 29, 2025 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 38-03 31st St. on the border of Long Island City and Astoria. The building has nine residences, six of which are market rate. The other three units have been set aside for… Read more »
Jan. 29, 2025 By Ethan Marshall New building permits have been filed for a 26-story mixed-use tower at 25-02 9th St. in Astoria, a cul-de-sac offering scenic views of the RFK Bridge and located near Astoria Park. The newly filed permits propose a 26-story development rising 262 feet and encompassing 218,157 square feet. Of this, 217,092… Read more »