The Real Deal New York

Queens neighborhood news

  • Rendering of 5-27 51st Avenue

    Rendering of 5-27 51st Avenue

    Shuster Development’s luxury condominium development Five27 in Long Island City is 100 percent sold, a spokesperson from Modern Spaces, the development’s exclusive sales and marketing team, told The Real Deal. [more]

  • Rendering of

    Rendering of 11-55 49th Avenue

    Community members will weigh in March 19 on Madd Equities’ planned 12-story Hunters Point development.

    The developer must secure a zoning change for the site — currently a parking lot — before construction can commence. One portion of the parcel permits a structure five times the size of the land area. On another part, Madd Equities can only build two times the lot size. [more]

  • From left: Willets Point auto repair shops and a rendering of the planned Willets Point redevelopment

    From left: Willets Point auto repair shops and rendering of the planned Willets Point redevelopment

    A group of Willets Point business have agreed to accept roughly $2 million in relocation benefits to depart their industrial spots, thus making way for the Related Companies and Sterling Equities’ $3 billion redevelopment of the area. [more]

  • From left: KDA's Fred Rufrano and 54-35 46th Street

    From left: KDA’s Fred Rufrano and 54-35 46th Street

    Sheet metal manufacturer All City Metal is departing its longtime location in Long Island City for a space nearly double the size in Maspeth, according to a release from commercial and industrial brokerage Kalmon Dolgin Affiliates. [more]

  • 5203 Queens Boulevard

    5205 Queens Boulevard

    Woodside’s first luxury rental building, Icon52, is more than 50 percent leased after less than three weeks of leasing. [more]

  • Jamaica's AirTrain station

    Jamaica’s AirTrain station

    In the latest in a series of projects aiming to revive Downtown Jamaica, a mixed-use high-rise is slated to sprout next to the area’s AirTrain station. [more]

  • 18-33 41st Street

    18-33 41st Street

    Astoria’s Steinway Mansion has found a private buyer.

    Once the main home of the piano-manufacturer’s family — and located on the company’s factory grounds at 18-33 41st Street — the home hit the market in 2009 asking $5 million. It then underwent a series of price chops. Last asking $1.9 million as of this past summer, the mansion was built in 1858 and comes on a one-acre parcel of land. [more]

  • 86-55 Queens Boulevard

    86-55 Queens Boulevard

    A 47,000-square-foot portion of an Elmhurst parking lot, once part of the plan for a multiplex and mall development, is back on the market for $24 million.

    The lot on the corner of Justice and 55th avenues in Queens, a block from Queens Boulevard, also boasts over 200,000 square feet in development rights. [more]

  • Renderings of Flushing Commons

    Renderings of Flushing Commons

    On the eve of the long-delayed Flushing Commons project’s kickoff, architect Perkins Eastman has unveiled the master plan for the Queens space. [more]

  • starbucks-top

    A Jackson Heights Starbucks is drawing the ire of neighbors for allegedly unloading its trash all over the street.

    Local residents and a local Jackson Heights politician gathered in front of the coffee chain’s 37th Avenue and 79th Street outpost Friday morning, railing against the store for allegedly leaving unsecured garbage along 79th Street in the Queens neighborhood. Coffee grinds, food and other trash is scattered around the roadway and they are concerned about problems with rodents and bugs. [more]

  • 5-33-48th-ave

    5-33 48th Avenue in Queens

    A Long Island City warehouse is slated to be turned into a 36-unit residential complex with retail space on the ground floor.

    Initial plans for the mixed-use property at 5-33 48th Avenue, between Vernon Boulevard and 5th Street, called for the addition of  two extra two floors. It is unknown whether the units will be rentals or condominiums. [more]

  • Rendering of 36-18 Main Street in Flushing

    Rendering of 36-18 Main Street in Flushing

    Community Board 7 has given the green light for a variance to allow a combination hotel and office tower to rise in downtown Flushing, Queens.

    The development required 344 parking spots initially, because of the property’s 148-room size. But because of the site’s high water table, Attorney Richard Lobel asked that a reduced number be permitted — a move approved by a council vote of 28 to 2. The site will now hold 305 spots instead. [more]

  • 26-26 Jackson Avenue

    26-26 Jackson Avenue

    Move over, the View. A roomier penthouse pad in Long Island City’s Vere 26 now holds the title of Queens’ priciest apartment listing. [more]

  • From left:

    From left: Fred Wilpon, rendering of Willets Point and Tony Avella 

    Opponents of Sterling Equities and the Related Companies’ plan to construct a shopping mall atop the Citi Field parking lot in Flushing Meadows Corona Park have filed suit in Manhattan Supreme Court to halt the development. [more]

  • Steinway Mansion

    Steinway Mansion in Queens

    A nonprofit is looking to raise about $9 million to buy Astoria’s iconic Steinway Mansion, the former digs of the man who founded the piano company.

    The 6,000-square-foot stone mansion at 18-33 41st Street has received no serious offers since it hit the market in 2011, asking $3.5 million. Members of Friends of Steinway Mansion hope to use the property as a mansion and learning center, rather than as an actual home. [more]

  • 42-22-ketcham

    From left: 42-22 Ketcham Street, John Petras and George Michelis

    RockFarmer Capital, an affiliate of Douglaston Realty Management, picked up a 100,000-square-foot co-op building in Elmhurst, Queens, for $11.7 million in an off-market deal, the investment and development firm told The Real Deal. [more]

  • petco

    A 13,500-square-foot former catering hall near LaGuardia Airport has landed pup-friendly tenant Petco. And it could attract even more nationally-known tenants to the area.

    The retailer inked a 10-year lease for the Jackson Heights building at 7507 31st Avenue, at 77th Street, which also includes a 2,500-square-foot basement. The agreeed-upon rent is roughly $170 per square foot, and Petco will take up the property’s entire ground floor. [more]

  • Parc Hotel in Queens to open next month

    February 06, 2014 03:40PM

    39-16 College Point Boulevard in Queens and  RHG’s Ben Seidel

    Maryland-based Real Hospitality Group is wrapping up construction on the 96-room Parc Hotel in Flushing, Queens.

    The 13-story hotel at 39-16 College Point Boulevard, between Roosevelt Avenue and Main Street, is slated to open next month. Designed by Lang Architecture, it will feature a private lounge on the roof and a dog spa. [more]

  • Long Island City

    Long Island City

    Investors spent $1.36 billion to buy multifamily properties in Queens in 2013, more than twice what they pumped into the borough in 2012, according to a new report from Ariel Property Advisors.

    The growth in Queens outpaced any other borough except Staten Island, which Ariel doesn’t track. Investors have targeted Queens’ neighborhoods such as Long Island City, Astoria, Sunnyside and Jackson Heights, according to the report. [more]

  • Kim-Caffe-Bene

    Blu Realty Group’s Andy Kim and Caffé Bene location at 1611 Broadway

    A popular South Korean coffee and pastry franchise chain with more than a thousand locations in Asia is planning an aggressive rollout in New York City — even as retail rents in some neighborhoods are at all-time highs and competitors are growing. [more]