Another building portfolio has exchanged hands in the Queens area. In this opportunity, four buildings near JFK Airport were purchased by VestraCare, a company that specializes in nursing homes and health care. The buildings are luxurious and multi family types. The seller was Powerhouse Development
George Xu’s 90 Avenue Realty LLC has begun another project. The architect in charge of the development is Raymond Chan, and the first building applications were filed back in the Spring. The first documents were for 148-31 90th Avenue, whereas the newest ones, filed with
Long Island City continues its incredible real estate bloom: an old warehouse is about to meet its demise in order to make room for a new development. Addressed at 11-52 44th Drive, Daniel Gazal has filed documents to demolish the ancient structure and to built
New plans for a new project in Flushing, Queens, have been revealed. The applications were filed back in March, but further plans were unknown. The lot is addressed at 131-11 Fowler Avenue. The design was assigned to MY Architect PC. As far as we know,
Even though reports on this property started surfacing back in August 2015, new documents have been revealed regarding the designs of the tower, which will be located on 35-08 146th Street and will have fifteen stories. Previous renderings showed a facade that included several balconies
Almost exactly a year ago, reports had surfaced about new applications put in place for the lot based at 148-36 89th Avenue. This site is between 148th Street and 150th Street, in Jamaica, Queens. The project for the lot has been revealed, courtesy of Melamed
Temple Beth Elementary School, addressed at 445 Beach 135th Street in Belle Harbor, Queens, is due for an update. According to public documents, applications were filed because authorities want to make some additions to the existing building. Spread over three floors, developers will add 27,606
After all the permits for hotels that have been filed in the city recently, it is no surprise that a new one has come up, reports have stated. A new development is about to begin (if all paperwork is in order) in Jamaica, Queens. The
89-21 153 LLC purchased 8921 153rd Street in Jamaica, Queens. This is a 6D1 building. It spans 51,000 square feet. The seller was Fevira Realty LLC. The transaction cost $11,000,000. The trade occurred September 7th 2017.
Home Depot USA Inc. purchased 5902 Borden Avenue in Maspeth, Queens. This is a 2F4 building. It spans 202,050 square feet. The seller was Kaymac Corporation. The transaction cost $63,000,000. The trade occurred September 8th 2017.