Tag: real-estate

Queens Plaza set for transformation with over 1,400 new luxury units by 2026

Apr. 29, 2024 By emarshall Apr. 29, 2024 By Ethan Marshall A total of 1,412 units across six upcoming luxury buildings are expected to transform the Queens Plaza area in Long Island City by creating much-needed housing in the area. All six projects are expected to be completed as early as this year and no… Read more »

Excavation set to begin on Astoria property for residential tower

Apr. 10, 2024 By zgewelb Apr. 10, 2024 By Ethan Marshall The excavation process for the property at 41-08 Crescent St. in Astoria is set to begin, marking the first step towards the construction of a 17-story residential tower, according to New York YIMBY. The 30,102-square-foot-long lot has already been surrounded by construction fencing. Machines for the construction work are expected to arrive on site within the coming weeks. The 189-foot-tall structure expected to be built on the property was designed by Dan Ionescu Architects and developed by Forte Italia LLC. Pecora Group LLC is the current owner of the… Read more »

Long Island City Partnership to host 19th annual Real Estate Breakfast

Apr. 10, 2024 By admin Apr. 10, 2024 By Queens Post News Team Around 300 people are set to attend Long Island City Partnership’s 19th annual Real Estate Breakfast next Tuesday.  The event will take place at the newly opened Brewster LIC Conference Center, located at 41-27 27th St. in Long Island City, from 8-10:30… Read more »

Former LIC parachute factory transformed into 7-story life sciences space

Apr. 9, 2024 By zgewelb Apr. 9, 2024 By Ethan Marshall The building at 43-10 23rd St. in Long Island City  has just been transformed by construction contractor Suffolk, into a 7-story, 7-floor life science facility, known as Hatch Life Sciences. A ‘life science’ facility refers to properties that offer lab and office spaces for organizations working on scientific research and discoveries. The new facility totals more than 215,000 square feet, with 72,000 square feet of state-of-the-art lab space on the first three floors now available for lease, courtesy of the real estate agency Longfellow Real Estate Partners, which acquired… Read more »

One in three NYC homes on the market don’t sell: report

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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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NYC one of most expensive weekend city breaks in country, according to study

Aug. 23, 2023 By Ethan Marshall A study conducted by the travel information site Scott and Yanling concluded that New York City is the second-most expensive city in the United States where people can take weekend getaways. Scott and Yanling concluded it costs $1,291 to spend the weekend in New York City. The study was…
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New real estate report shows increase in sales for Queens units

Aug. 8, 2023 By Ethan Marshall The real estate agency M.N.S. recently released its development sales report for the second quarter of 2023, which revealed not only a large increase in the sales volume of units, but also an increase in the median price per square foot in Queens. According to the report, the sales…
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New York City Football Club selects architect, contractor to build its new home at Willets Point

Apr. 21, 2023 By Bill Parry New York City Football Club (NYCFC) is moving forward with its plan to build a $780 million, privately-financed, state-of-the-art 25,000-seat soccer stadium at Willets Point. The 2021 Major League Soccer champions have selected HOK as the architect and Turner Construction Company as the general contractor to design and build…
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