Things are quickly taking shape at the QLIC. A 21-story, 421-unit mega will anchor the Queens Plaza North site once completed and now a teaser site and renderings have been released to add to the suspense. The rapidly growing Queens Plaza area has numerous
Update – 29-21 Queens Plaza North The new Hilton Garden Inn at 29-21 Queens Plaza North is now rising; the building will eventually stand 16 floors, and hold 163 hotel rooms.
Recently Queens Beans reported on the sale of The Center Building and the surge in the LIC office market. While Manhattan used to be the focus of real estate players for office real estate, the shift has turned to Long Island City due to the
Creating residential buildings from parking lots has reached Long Island City’s Alert Garage Corp. Permits were filed to build a new residential and commercial mixed-use tower on the lot at 30-17 40th Ave, consisting of ten stories. The project is a joint venture partnership between
Property Markets Group is even more active in the Queens Plaza district. PMG’s 23-10 Queens Plaza South rental development is now under construction and now PMG just closed on two adjacent properties at Queens Plaza North in the past two weeks. The first of the
Last month The Real Deal reported on the $130 million construction loan that Deutsche Bank provided for the project at 23-10 Queens Plaza South by Property Markets Group. PMG bought the site back in 2012 and it is slated to be a 410 unit rental