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Category Archives: Rental

New Development, 41-18 24th Street, Long Island City

  The Lions Group New York is continuing their rapid development growth in Long Island City and Astoria. YIMBY has revealed their new project on 24th Street between Queens Plaza North and 41st Avenue. According to the YIMBY report, Tom Mui of My Architect, is designing the project,

Can You Find a Deal in Astoria? (From StreetEasy.com)

Over the past 10 years, LIC, Hunters Point and Astoria have gone from industrial zones best known for their commercial warehouses and immigrant enclaves visited by avid seekers of spanakopita to prime destinations for New York City renters and buyers. You could find a surefire

44-28 Purves Street, Long Island City, New Development in Progress

Across the street from Rabsky’s building that is almost complete on Purves Street, Brause Realty and Gotham Organization have broken ground on their project at 44-28 Purves Street.The building is to be a LEED Silver-designed apartment building that utilizes clean and efficient solar and wind power. FXFOWLE,

41-32 27th Street, Long Island City, (New Development)

41-32 27th Street In Long Island City has been through couple changes of hands as well as plans in the past two years. The over 34,000 square foot buildable site was sold in 2013 for $3.5 million to a hotel developer who had even filed plans to build

8-25 Astoria Boulevard – New Development

Another mega development could be on the rise in the northwest Astoria area.  The   lot at 8-25 Astoria Boulevard was recently sold for $4.8 million and will be turned into a residential building. Real estate firm Modern Spaces negotiated the sale and will represent the seller and

37-10 Crescent Street – Graffiti Building on Crescent

37-10 Crescent Street A once-gritty, industrial-filled Crescent Street strip in Long Island City will be getting a little style very soon. A few months after applying for permits, the mixed-used development at 37-10 Crescent Street is going forward, New York Yimby reported. Developer Ranger Properties

Proprety Markets Group – Queens Plaza North

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

Progress Update | 23-10 Queens Plaza South

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

Question – Is JAMAICA the next frontier?

      Look out Long Island city, look out Astoria, look out Flushing, because Jamaica is going through a development boom. As Brooklyn’s prices rise they have caused a domino effect and spill over into western Queens such as Long Island City and Astoria.

Progress Update: Kew Gardens Portfolio

Progress Update: Kew Gardens Portfolio     This past September, a Midtown based firm A & E Real Estate bought a large portfolio from Hudson Realty of 53 buildings with a total of 1,270 apartments for $216 million dollars. The deal, which was listed exclusively