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.
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
There is no stopping the development of residential properties in Queens, which is very evident at filed plans for many different sites in the locality. From former business and commercial sites being transformed to luxury condos to entirely new apartment development,
The Rockrose Development Corp. has finally closed the $270 million construction loan it applied for the development of its huge 80/20 apartment complex at 43-25 Hunter Street in Long Island city, as confirmed by the firm’s President, Justin Elghanayan as reported by Commercial Observer. The
Astoria is about to see new development coming with the new project on 14-55 31st Avenue, at western Astoria. This project has been applied for in May of 2014, along with many other developers hoping to have this new acquisition in their name. The building proves
As the Astoria waterfront is currently being reshaped by the Alma Realty and the Durst Organization—that’s to their megaprojects on Vernon Boulevard and Hallet Points—developments on this side of town nevertheless include smaller developments. On the side of western edge of Astoria near the Socrates
Earlier this morning YIMBY released a, first-look, rendering by Montroy Andersen Demarco as the architect of record for the new project at 37-14 36th Street. According to the permits filled last summer a 10-story mixed use building totaling 102,292 square feet is to rise 123 feet.