The Real Deal New York

Queens neighborhood news

  • 55-27 Myrtle Avenue, Queens

    55-27 Myrtle Avenue, Queens

    The landmarked Ridgewood Theater in Queens will soon be topped by 50 residential units, though a preservationist aims to maintain the building’s façade.

    The Department of Buildings signed off on paperwork last week permitting Bushburg Properties LLC, which purchased the theater for $6.9 million in August, to convert the first floor into 13,638 square feet of commercial space and construct four floors of residential units above. That work, according to filings for the 55-27 Myrtle Avenue property, will be done within the building’s existing shell. [more]

  • 5Pointz before and after the building was whitewashed in November

    5Pointz before and after the building was whitewashed in November

    Long Island City’s 5Pointz graffiti mecca will be flattened by the end of October. [more]

  • From left: Aerial view of 37-14 36th Street and the site now (Source: Google maps)

    From left: Aerial view of 37-14 36th Street and the site now (Source: Google maps)

    Jans Realty’s Michael Cohen is bringing another mixed-use development to Northern Boulevard in Long Island City. [more]

  • Rob Speyer

    Rob Speyer

    Tishman Speyer, in partnership with H&R Real Estate Investment Trust, is developing a luxury residential rental property on a 1.2 million-square-foot site in Long Island City.

    The property will hold approximately 1,600 rental units and roughly 30,000 square feet of retail space, according to a release from H&R. Adjacent to 2 Gotham Center, a fully-leased 670,000-square-foot office tower developed by Tishman Speyer in 2011 and acquired by H&R later that year, the building will ultimately stretch 42 stories. The site encompasses a full block bounded by Queens Boulevard, Jackson Avenue, Orchard Street and the Sunnyside Yards, an H&R spokesperson told TRD. [more]

  • From left: the View and Silvette Julian

    From left: The View at 46-30 Center Boulevard and Silvette Julian

    A Colombian buyer set a new record for the most expensive condo in Queens’ when she paid $3.35 million last month for a waterfront apartment in Long Island City, records show.

    The international buyer paid cash for the ground-floor apartment with city views and a private garden. The unit is located in TF Cornerstone’s 17-story The View in the Hunters Point section. [more]

  • From left: Eastern Consolidated's Marion Jones, Adelaide Polsinelli,

    From left: Eastern Consolidated’s Marion Jones, Adelaide Polsinelli, 39-05 29th Street, Gary Meese and Jason Marin

    Holiday Inn Manhattan View, a 136-room hotel in Long Island City, Queens, is on the market for $59 million. [more]

  • From left: Queens Borough President Melinda Katz, 1901 Starr Street and 176 Woodward Avenue in Queens

    From left: Queens Borough President Melinda Katz, 1901 Starr Street and 176 Woodward Avenue in Queens

    Queens Borough President Melinda Katz approved a plan to rezone a portion of Ridgewood from manufacturing to residential. [more]

  • hps.jpg

    Rendering of Hunter’s Point South

    The de Blasio administration is moving forward with the planned 30-acre, $100 million Hunter’s Point South development project in Long Island City, Queens.

    The city’s Economic Development Corp. issued a request for proposals for the final portion of the job Friday, which includes the construction of a new waterfront park, roads, water mains and sewer lines that will support up to 5,000 units of housing. [more]

  • From left: Ben Weiss, Greg Corbin and 89-16 175th Street, Queens

    From left: Besen & Associates’ Ben Weiss, Greg Corbin and 89-16 175th Street, Queens

    A six-story mixed-use property in Jamaica, Queens has sold for $15 million. [more]

  • From left:

    From left: Stephen Preuss, Adelaide Polsinelli, Donna Reardon and Bill Seto

    From the May issue: The Flushing real estate scene was once considered a niche market for Asian communities. But in the past few years, the tide has turned. [more]

  • Site at 25-19 43rd Avenue (Source: GMAP)

    Site at 25-19 43rd Avenue (Source: GMAP)

    Ekstein Development’s 86-unit residential project in Long Island City is on the move, now that permits have come in.

    The nine-story project at 25-19 43rd Avenue in Long Island City will rise 99 feet and measure about 68,145 square feet. The residences will be condominiums. [more]

  • 5-41FINAL

    5-41 47th Road in Queens

    Condos in a three-unit building, located in a mixed-use Long Island City property at 5-41 47th Road, are now up for sale. [more]

  • 14-33 31st Avenue in Queens

    14-33 31st Avenue in Queens

    Permits have been filed with the city’s Department of Buildings to construct a residential building at 14-33 31st Avenue in Queens, in between Astoria and Long Island City. [more]

  • doctoroff

    Dan Doctoroff and Olympiad 2024 logo

    Former Deputy Mayor Dan Doctoroff is trying to bring the Olympic Games to New York City. Again.

    But this time, his eyes are on Sunnyside, Queens.

    Doctoroff wants to put a deck over the rail yards and build an Olympic stadium there. His plan also includes thousands of housing units for the athletes, as well as a convention center. He first had the idea to bring the Olympics to the city in the 1990s, and attempted to draw the 2012 summer games to the Big Apple, proposing the site now known as Hudson Yards. [more]

  • From left: 18-21 Cornelia Street and 1726 Woodbine Street in Ridgewood

    From left: 18-21 Cornelia Street and 1726 Woodbine Street in Ridgewood

    Tenants living in 36 rent-regulated units in six buildings in Ridgewood, Queens are fighting to retake their home from private equity firm Stabilis Capital.

    The properties, located at 1821 and 1896 Cornelia Street, 1726, 1673 and 1675 Woodbine Street and 18-14 Linden Street have appealed to the city to back them up on charges that Stabilis has allowed the buildings to fall into disrepair. [more]

  • 18-33 41st Street

    18-33 41st Street

    A pair of unnamed investors have purchased the Steinway Mansion for $2.6 million. [more]

  • Siegel-350-Eisenberg

    From left: Stephen Siegel, 450 Rockaway Parkway (Credit: PropertyShark) and Philip Eisenberg

    During the real estate boom of the last decade, the government-supported mortgage giant Fannie Mae took direct equity stakes in at least three majority affordable-housing portfolios in New York City, sources told The Real Deal. That’s two more than previously known. [more]

  • LaGuardia Airport

    LaGuardia Airport

    Developer David Marx plans to raise a $40 million AC Hotel by Marriott near LaGuardia Airport as the transport hub gears up for a $2 billion redevelopment of its own. [more]

  • Queensbridge Houses in Long Island City

    Queensbridge Houses in Long Island City

    A planned weekend walking tour of Queensbridge Houses, the city’s largest public housing complex, has residents concerned about crowds of tourists invading their privacy. [more]

  • 34-12 36th Street

    Kaufman Astoria Studios at 34-12 36th Street

    Kaufman Astoria Studios is gearing up to add a new 18,000-square-foot sound stage to the film spot’s 500,000-square-foot lot. [more]

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