Tag: astoria

Queens rents hit new highs as prices rise in every neighborhood: report

queens rent

Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…

Affordable senior housing lottery launches at Astoria Towers II in East Elmhurst

Mar. 12, 2025 By emarshall March 12, 2025 By Ethan Marshall New York City has launched a housing lottery for all 73 units at Astoria Towers II, a new 7-story senior residential building at 32-14 111th St. in East Elmhurst. All 73 units are meant for those earning 60% of the area median income…

Mamdani tops matching funds chart in latest cycle of mayoral election

Feb. 19, 2025 By sobrien Feb. 19, 2025 By Shane O’Brien  Assembly Member Zohran Mamdani has received more than $2.8 million in matching funds in the latest funding cycle of the 2025 mayoral election, the most of any candidate in the race. Mamdani, who announced his candidacy for mayor last October, received 2,827,443 from the… Read more »

Astoria native brings a personal touch to luxury condo developments

Jan. 29, 2025 By Czarinna Jan. 30, 2025 By Christian Murray Thomas Ballis, a lifelong Astoria resident, knows the neighborhood like the back of his hand. “I was born and raised in Astoria,” said Ballis, a real estate developer who has built seven residential projects, all in the district. “I know the neighborhood inside out…. Read more »

Queens condo market sees mixed trends as Astoria prices soar, LIC stabilizes and Flushing declines: report

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 »

Major residential tower proposed near Astoria Park, offering scenic RFK Bridge views

Jan. 29, 2025 By emarshall 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… Read more »