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Category Archives: Real Estate News

Alma returns to its Astoria Cove project

421a revival As of late, it has been said 421a it is going to be brought back. With this in mind, the owner of the Astoria Cove, is searching for a buyer for this property. Apparently, the transaction will set you back about $350 million.

Karan Singh purchased a four building portfolio in Astoria

Kushner Companies enter deal Kushner Companies and Karan Singh enter deal involving Queens’ property. Jared Kusher’s business has reached an agreement with Queens’ investor Karan Singh. The contract stipulates a four-building Astoria portfolio will be purchased by Singh for $76 million. This amounts to $615

SEE IT: Renderings Reveal Revamped Office/Retail Hubs Opening in LIC – Long Island City

https://www.dnainfo.com/new-york/20170321/long-island-city/related-companies-renderings-the-point HUNTERS POINT — Digital-advertising agency VaynerMedia is the first major tenant to lease space at The Point, an office and retail project coming to a pair of former warehouse buildings also slated to house a cafe, beer hall and other amenities, its owners announced

Vacant 421a-Eligible Queens Site Hits Market at $35M

https://commercialobserver.com/2017/01/vacant-421a-approved-queens-site-hits-market-at-35m/ Queens-based developers AB Capstone and Bronstein Properties are selling a vacant site—with approved development plans in place—in the Ridgewood section of the borough for $34.9 million, Commercial Observer has learned. After acquiring the 40,000-square-foot site at 336-350 St. Nicholas Avenue in 2014 for $7.7

Italian restaurant with pizza focus coming to Hunters Point South

Italian restaurant with pizza focus coming to Hunters Point South A restaurant offering pizza and Italian dishes is slated to open on the ground floor at Hunters Point South Commons. The restaurant, to be located at 1-50 50th Avenue, will face Center Boulevard and will

BESEN IS BULLISH ON THIS N.O.I. — THAT’S NEIGHBORHOOD OF INTEREST ASTORIA, QUEENS

https://www.bisnow.com/new-york/news/neighborhood/noi-makes-besen-bullish-thats-neighborhood-of-interest-astoria-queens-71780 Astoria’s landscape has recently benefited from an influx of development dollars and a frenzied flurry of activity aimed at providing migrant Millennials with in-demand housing and longtime residents with parks, schools and supermarkets. Developers’ efforts are especially concentrated on the shoreline, transforming a desolate

Woodhaven, Queens: An oasis of small businesses with a diverse community

http://www.amny.com/real-estate/city-living/queens/woodhaven-queens-an-oasis-of-small-businesses-with-a-diverse-community-1.12979444 As its name implies, Woodhaven is truly an escape in the urban jungle. The Queens neighborhood is probably one of the few places in the city where you can get off the train, take a stroll through a forest, grab a bite to eat

Gourmet Deli with upstairs bar opens on Vernon Blvd

Gourmet Deli with upstairs bar opens on Vernon Blvd A high-end gourmet deli with an upstairs bar opened on Vernon Boulevard today in the space that was formerly occupied by The Butcher Gourmet Deli. NU Look, located at 49-16 Vernon Blvd., consists of an extensive

Rockrose’s 50-story Long Island City tower debuts rentals from $2,465/month

http://ny.curbed.com/2017/2/16/14630048/long-island-city-queens-tallest-rental-leasing-rockrose-slce Queens’s erstwhile tallest tower has now launched leasing on its 974 apartments, a tip courtesy BuzzBuzzHome has revealed. Leasing on the market-rate units here follows just a few months after the lottery on the affordable apartments got underway in November last year. Of the