Back in 2015, Mega Contracting Group acquired an Astoria parking lot for $17.35 million. The lot, addressed at 31-57 31st Street, was turned into a rental, mixed-use building with 114 units that included a retail area, some community facility space and a parking garage. On
Now that the month is finished and the numbers are coming in, it is no question that Queens was the star-borough of the month, at least when it came to real estate. Out of the ten top developments going on in the city, Queens occupied
Address: 9425 56th Avenue Location: Corona Building type: 6D7 Elevator apartment semi-fireproof with stores Price: $56,500,000 Square footage: 187,800 Seller: Adam Mermelstein Buyer: Rajesh Subraj Deal date: 04/12/2018 9425 56TH AVE, 11373 (Corona) Block-1902 Lot-10 building class:6D7-Elevator Apt; Semi-fireproof With Stores Transfer Tax: $226,000.00 Sales
A new residential building is coming to Richmond Hill, a Queens neighborhood. The tower will be addressed at 93-13 112th Street and will feature six stories. The site is located around the corner from Atlantic Avenue, which serves as a connection between Queens and Brooklyn.
A new residential building is coming to Jamaica, Queens, courtesy of ASM Development. The project will have four stories and will be addressed at 89-28 138th Place. The site is very well-located: just a block away from the Jamaica Avenue commercial thoroughfare and six blocks
A huge lot located in Elmhurst, Queens, is getting close to being the recipient of a brand-new building. The site spans 29k sf and is addressed at 69-02 Queens Boulevard. Madison Realty Capital shelled out $14.75 million two years ago for the first portion of
It is not every day that you see a new redevelopment in the New York City area that features thousands of residential units, but the last few months have proven to be an exception. One of these projects includes the alleged expansion of Lenox Terrace.
The City looking into turning Sunnyside Yard into mega development with a proposed cost of $19 billion
There is a train yard in Queens that spans 180 acres and there are current plans that hope to develop it. With Mayor de Blasio at the helm, the city has entered a deal with a team led by Vishaan Chakrabarti, architect, in order to
Zara Realty has acquired an Elmhurst building. The tower is addressed at 94-26 56th Avenue and features 164 residential units. The transaction cost $56.5 million and the seller was Treetop Development. The site also includes three commercial units. The lot was first purchased by Treetop
Ranger Properties has secured a $30 million first-mortgage financing for its Long Island City project known as “The Lanes”. The development, addressed at 37-10 Crescent Street has seven stories and is classified as mixed-use, since it features 57 residential units and 11,000 sf of retail