Tag: real-estate-newsletter

Flushing’s 17-story Sunlight development on track for 2026 completion

construction

Jan. 10, 2025 By Ethan Marshall A major mixed-use development is reshaping the skyline along Northern Boulevard in Flushing. Construction of The Sunlight, a 17-story tower blending residential, retail, and community spaces, has passed the halfway mark as it rises at 138-18 Northern Blvd. The project, expected to be completed in 2026, represents a…

Construction progresses on Union Center, a 16-story mixed-use development in Flushing

construction

Jan. 9, 2025 By Ethan Marshall Construction on a major mixed-use development in Flushing has recently reached a significant milestone. Construction on Union Center, a 16-story mixed-use building at 37-16 Union St. in Flushing, has reached street level. This transformative development, which will combine office, retail, and community spaces, is making steady progress, with…

La Vita: Flushing’s new residential and hotel complex set to open in 2025

la vita

Jan. 8, 2025 By Ethan Marshall Exterior work is progressing on La Vita, a highly anticipated 16-story mixed-use development located at 133-25 37th Ave. in Flushing. Once completed, this modern complex will rise 198 feet tall and span 263,151 square feet, offering a blend of residential, hospitality, and retail spaces. La Vita will feature…

First phase of Willets Point redevelopment reaches construction halfway mark

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Jan. 8, 2025 By Ethan Marshall The first phase of construction of the Willets Point redevelopment, a two-building residential project just east of Citi Field, has passed the halfway point. When completed, both buildings will rise from a shared 1-story podium and be 12 stories tall. A total of 1,100 affordable units will be…

Real estate listing site reveals predictions for NYC housing market in 2025

prediction

Dec. 27, 2024 By Ethan Marshall The real estate listing site StreetEasy presented a series of predictions that 2025 may have in store for the market in New York City in a report by StreetEasy Senior Economist Kenny Lee. Lee came up with five big predictions following a year in which housing costs reached…

NYCHA eviction rates rise across NYC, but Queens bucks the trend

nycha

Dec. 27, 2024 By Shane O’Brien Eviction rates at New York City Housing Authority (NYCHA) properties under the Permanent Affordability Commitment Together (PACT) program decreased slightly in Queens in 2024, bucking a citywide trend that saw eviction rates spike significantly elsewhere in New York. A recent audit by NYC Comptroller Brad Lander found that…

Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners

meeks

Dec. 23, 2024 By Athena Dawson U.S. Representative Gregory Meeks, who represents New York’s 5th District, which covers southeast Queens and parts of Nassau County, and U.S. Representative Pete Sessions, who represents Texas’ 17th District, which covers areas including Waco and College Station, have introduced a bipartisan bill aimed at alleviating financial burdens for…

Evictions spike at NYCHA properties under private partnership program, Comptroller’s audit finds

eviction

Dec. 19, 2024 By Shane O’Brien Eviction rates at New York City Housing Authority (NYCHA) properties have surged under the Permanent Affordability Commitment Together (PACT) program, raising concerns about tenant protections, according to a new audit by NYC Comptroller Brad Lander. The PACT program, designed to address decades of underfunding and disrepair in public…