Aug. 14, 2024 By Ethan Marshall A new boutique condominium, Orion, featuring seven meticulously designed units at 25-88 38th St. in Astoria, has just hit the market for prospective buyers. The building, developed by local developers Konstandinos “Gus” Vorillas, Thomas Ballis, Anthony Vitale, and Chris Giannikouros, offers seven modern one- and two-bedroom residences, each designed… Read more »
Tag: Real Estate
Housing lottery opens for 37 units in Court Square, studio rent starts at $3,088
Aug. 9, 2024 By Ethan Marshall New York City has launched a housing lottery for 37 units in a 21-story residential building at 45-17 Davis St. in the Court Square area of Long Island City. There are 82 residences in the building, 45 of which are market rate. The remaining 37 units have been set… Read more »
Leasing launches for 28-story residential tower in LIC
Aug. 7, 2024 By Ethan Marshall American Lions, a joint venture between Fetner Properties and Lions Group, announced the opening of The Bold, a new 28-story residential tower at 27-01 Jackson Ave. in Long Island City, on Wednesday, July 24. The Bold will bring 164 new residences to the Court Square neighborhood, including 50 new affordable homes. Units… Read more »
Permits filed for 40-story, 216-unit development in Queens Plaza
Aug. 6, 2024 By Ethan Marshall Permits have been filed for the construction of a 40-story apartment building in the heart of Queens Plaza in Long Island City. The proposed development, located at the intersection of 24th Street and Queens Plaza, will be 456 feet tall and yield 195,682 square feet if built. The site,… Read more »
Father and son duo propel Astoria-based real estate agency to continued ‘Best of the Boro’ success
Aug. 6, 2024 By Ethan Marshall Since first opening its doors in 1978, the Amorelli Realty real estate agency, located at 36-01 30th Ave., has become a community staple in Astoria. Having won the “Best of the Boro” award for “Best Realty” each of the last eight years, Amorelli Realty is well-recognized by many residents… Read more »
Popular Colombian Coffee roaster sets up shop in Long Island City residential tower
July 29, 2024 By Athena Dawson A popular Colombian coffee roaster opened its doors on the ground floor of a residential tower in Long Island City earlier this month. The Durst Organization, which owns Sven — the agency’s 71-story residential tower located at 29-59 Northern Blvd. — announced the grand opening of Pueblo Querido Coffee… Read more »
Permits filed for 7-story mixed-use building in Elmhurst
July 24, 2024 By Ethan Marshall Permits have been filed for the construction of a 7-story mixed-use building at 58-25 Hoffman Dr. in Elmhurst. Located between 58th Avenue and Woodhaven Boulevard, this proposed building will be 74 feet tall and yield 104,828 square feet. Demolition permits have not yet been filed for the property. An… Read more »
Permits filed for 6-story mixed-use building in Astoria
July 16, 2024 By Ethan Marshall Permits have been filed for the construction of a 6-story mixed-use building at 23-57 31st St. in Astoria. Located between 23rd Road and 24th Avenue, the proposed building will be 69 feet tall and have 10 residences when completed. Demolition permits for the property have not yet been filed,… Read more »
$175 million loan secured to finance 12-story mixed-use development in Woodside
July 16, 2024 By Ethan Marshall Eight West, an affiliate of the real estate firm The Hakimian Organization, announced that a $175 million construction take-out loan has been secured to finance SOLA, its newest mixed-use development located in Woodside. SOLA is scheduled to hold its grand opening on Monday, July 22. The loan was provided… Read more »
Condo prices rise in LIC, although sales volume drops: report
July 15, 2024 By Ethan Marshall Condo prices are up in Long Island City, although sales volume has dropped, according to a new report. The median price paid for a condo in Long Island City increased in the second quarter of 2024, compared to the same period last year, according to a report by the… Read more »