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 »
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 »
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 »
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 »
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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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 »
Nov. 6, 2023 By Ethan Marshall A study conducted by the New York City real estate firm StreetEasy concluded that 35.7% of previously-owned New York City homes on the market don’t get sold. StreetEasy also concluded that the average listing spends a median of 89 days on the market in New York City, compared to…
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Nov. 1, 2023 By Ethan Marshall Over the last decade, Long Island City has experienced a lot of growth when it comes to housing. There are still many more opportunities for more growth, but this also comes with more challenges. Brad Zackson, the director of development and co-founder of the real estate development, investment and… Read more »
Nov. 1, 2023 By Ethan Marshall The real estate company Durst Organization and its general contractor Urban Atelier Group have topped out construction of a two-tower, mixed-use complex at 20 Halletts Point Rd. and 30 Halletts Point Rd. in Astoria on Thursday, Oct. 26. The towers, which will contain 647 total units, now stand at 27… Read more »
Oct. 31, 2023 By Ethan Marshall A new mixed-use, mixed-income multifamily project is currently in the works in Long Island City. Referred to as the Jasper Project, this 13-story building is being worked on along 50th Avenue and 5th Street by Domain Companies, LMXD and the Vorea Group. The building is expected to have 499 housing… Read more »