Dec. 3, 2024 By Ethan Marshall Permits have been filed for the construction of a new 4-story residential building at 211-13 26th Ave. in Bayside. The proposed development, situated between Bell Boulevard and Corporal Kennedy Street, will rise to a height of 40 feet, offering 87,901 square feet of residential space spread across 103…
Tag: real-estate
Flushing, LIC, and Astoria see rise in Q3 condo sale prices, driven by strong demand in Queens real estate market: report
Nov. 6, 2024 By emarshall Nov. 6, 2024 By Ethan Marshall A key trend in Long Island City, Astoria and Flushing during the third quarter of 2024 was a rise in closed sale prices for condos, showing an increase compared to the same period in 2023, according to a report by the real estate firm… Read more »
Father and son duo propel Astoria-based real estate agency to continued ‘Best of the Boro’ success
Aug. 6, 2024 By emarshall 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… Read more »
Price of closed condos in Astoria rose 11% during first quarter of 2024 compared to previous year: Report
May. 2, 2024 By emarshall May 2, 2024 By Ethan Marshall During the first quarter of 2024, the average price for closed condos in Astoria went up 11% year-over-year, according to the Q1 report by the real estate firm Modern Spaces. The Astoria condo market saw a notable increase in average closing prices, climbing from… Read more »
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
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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