Tag: Real Estate

Op-Ed | The hidden influence: How the financial sector shapes American housing

Jan. 7, 2025 By Richard Khuzami The lack of affordable housing in America is not a simple issue. It has many layers that must be addressed.  Today, developers are often portrayed as villains, prioritizing profit over the community. However, underpinning all decisions developers make is access to funding, and in this way, lenders, whether private… Read more »

Permits filed to expand 2-story home into 4-story residential building in Corona

Dec. 26, 2024 By Ethan Marshall Permits have been filed to expand an existing 2-story residential building at 104-22 Corona Ave. in Corona into a 4-story building. Located between 104th Street and 51st Avenue, the proposal for this development would allow for a 40-foot-tall building yielding 4,380 square feet of residential space across six residences…. Read more »

LIC warehouse sold for $7.6M in deal handled by Modern Spaces

Dec. 26, 2024 By Ethan Marshall Modern Spaces, a Long Island City-based real estate firm, announced it brokered the $7.6 million sale of a 16,800-square-foot warehouse located at 48-29 31st Place in Long Island City. The deal, finalized on Thursday, Dec. 5, marks another significant transaction in the borough’s evolving industrial real estate market. The… Read more »

First retail leases announced for Malt Drive development in LIC

Dec. 24, 2024 By Ethan Marshall The real estate developer TF Cornerstone announced its first retail lease signings for its new Malt Drive development at 2-20 and 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City on Tuesday, Dec. 17. The businesses joining the 1,386 residential units at the Malt Drive… Read more »