New luxury rental development offering the ultimate amenities and sustainable living experience further solidifies LIC as desirable living destination NEW YORK – June 20, 2017 – Brause Realty Inc. and Gotham Organization, Inc. are pleased to announce the leasing launch of The Forge — a
New residential towers to be built in Flushing The real estate firm led by Andy Chau, Wing-Fung Realty Group has reportedly big plans coming up. The company is expected to establish to mixed-use residential towers to Flushing. This complex will span nearly 550,000 square feet.
Silver Star Motors, a long time Queens Mercedes-Benz dealership has just completed it structure on 37-14 36th Street. 37-14 36th Street one of the very first high-rise multi-family residential building in east Long Island City/Dutch Kills section of Queens, NY is a 10-story, 135,000-sq.-ft. building.
Owner and seller Anthony McKenzie has just sold his development site located on the corner of Merrick Boulevard and 108th Avenue. 107-65/67 Merrick Boulevard has a footprint of 8,410 square feet, due to its zoning the property offers 16,280 buildable square feet “as of right”
Jamaica Tower, LLC whose owners are unknown has exclusively selected Cushman & Wakefield to market The Archer Towers development site located at 163-05/25 Archer Avenue in the heart of Downtown Jamaica. The asking price is listed at $60 million, or $83 per buildable square foot. This
A vacant, two-story, 1,728-square-foot building at 12-07 40th Avenue in Long Island City sold for $1,125,000. The property which was originally a multifamily property, will offer approximately 6,075 buildable square feet. Due to the zoning of the property, the best use looks to be a mixed
25-77 & 25-79 31st street are two 2-family properties that are located next door to each other on 31st street the buyer intended to buy it as a development sight. Together the properties will offer 50 feet of frontage and approximately 21,538 buildable square feet.
RKO theater located on 135-35 Northern Boulevard in Flushing Queens, has been purchased for $66 Million. The buyers, Xinyuan Real Estate, a Chinese based real estate developer plan to transform the theater into a 269-unit residential building with 2 floors of retail. This is not
HHF is currently marketing the Development site for Kevin Maloney’s PMG, at 29-37 41st Avenue in Long Island City’s, Queens Plaza district. According to the marketing, the property is over 1 million square feet, with a 15-year 421 tax abatement, $35 million in brownfield tax
Is Astoria still investment worthy? Since Q1 2015 the Astoria multifamily market has seen a major decline in all aspects of trades, such as sales volume, number of transactions, average price per unit and average price per square foot. All this data point to one