The Real Deal New York

Posts Tagged ‘queens’

  • flushing-4

    42-31 Union Street in Queens

    Queens-based development firm Fleet Financial Group has released a rendering for its $100 million hotel-and-medical-facility project in Flushing known as the Eastern Mirage.

    Last year, the Board of Standards and Appeals approved Fleet Financial head Yi “Richard” Xia’s request to build a non-residential structure on the site at 42-31 Union Street. The hotel component is set to hold 180 rooms, with North Queens Medical Center occupying the ground-floor section. The developer’s deal with the community board calls for a 300-spot parking garage open to the public on the site. [more]

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  • From left: Daniel Gale General Sales Manager Deirdre O’Connell, Flushing Sales Manager Donna Rubertone, President and CEO Patricia Petersen and COO Tom Calabrese

    From left: Daniel Gale General Sales Manager Deirdre O’Connell, Flushing Sales Manager Donna Rubertone, President and CEO Patricia Petersen and COO Tom Calabrese

    Daniel Gale Sotheby’s International Realty opened the residential brokerage’s first sales office in Queens today, marking the Long Island-based company’s first locale inside the five boroughs.

    Located at 35-16B Francis Lewis Boulevard in Flushing, the outpost will house 30 employees who speak a variety of languages including Arabic, Greek, Italian, Mandarin and Croation in an effort to cater to the diverse communities in the borough, according to a release from the brokerage. [more]

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  • 20140812_forest_hills_condo

    Cord Meyer condo development rendering at 108-11 Queens Boulevard

    Prices for three-bedroom apartments in central Queens are heading north as families find the units hard to come by. [more]

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  • The Aston at 108-11 Queens Boulevard in Forest Hills

    The Aston at 108-11 Queens Boulevard in Forest Hills

    WEEKENDEDITION The Aston, a 17-story luxury development in Forest Hills, is set to open this fall and will add three-bedroom units to the building. [more]

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  • The Roosevelt and the penthouse floorplan

    The Roosevelt and the penthouse floor plan

    A Jackson Heights rental development known as the Roosevelt has set a new rental record, after a penthouse went for $4,100 a month. [more]

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  • Long Island City

    Long Island City

    WEEKENDEDITION Forget Manhattan. Queens – especially Long Island City — is leading the outer boroughs in new hotel development. [more]

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  • 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]

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  • Rendering of a luxury condo in Queens

    Rendering of a luxury condo in Queens

    The average sales price of a home in Queens jumped more than 10% in the first quarter of 2014 compared to the same quarter last year, according to a new report from Douglas Elliman and Miller Samuel.

    The average price of a Queens home was $429,544, up from $389,420 the year before, according to the quarterly report. This marks the highest first quarter result since 2008. [more]

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  • Queens Village shopping center on Hillside Ave.

    Queens Village shopping center on Hillside Ave.

    The City Council approved a zoning change Thursday that would allow a Queens Village shopping center to bring in giant brand-name retail stores. [more]

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  • roof-repair-TOP

    Roof repairs

    A rogue contractor allegedly roped a Queens homeowner into paying nearly $2,000 in cash for a bogus roof repair earlier this month.

    The contractor, who said he worked for Halliday Painting Roofing Waterproofing, told an elderly woman he’d fix some “major damage” atop her Middle Village home, but instead sprayed parts of the roof with non-waterproof paint, the victim told the New York Daily News. [more]

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  • Renderings of Flushing Commons in Queens

    Renderings of Flushing Commons in Queens

    A group of developers are finalizing a $300 million debt and equity financing package to finally build the mixed-use Flushing Commons project in Queens. The project has been on the board for nine years. [more]

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  • From left: waterfront of Battery Park City and the Lower East Side skyline

    From left: waterfront of Battery Park City and the Lower East Side skyline

    Investment opportunities abound in nine New York City neighborhoods where homes are priced much cheaper than others in the same boroughs.

    The median sales price in Manhattan, for instance, is nearly a million bucks. But homes on the Lower East Side are 42 percent cheaper, according to data from PropertyShark. [more]

    3 Comments
  • copper-tower

    43-12 214th Place in Queens

    Queens developer Tri-Bassco has begun selling units at the Copper Tower Condominium, its new residential building in Bayside, according to the Copper Tower website. [more]

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  • New York State Pavilion, Queens

    New York State Pavilion in Queens

    The fate of the New York State Pavilion in Queens, which has been left to rust for half a century, will be decided this weekend. Some say the distinctive modernist landmark is beyond repair and should be scrapped.

    Designed by Philip Johnson in 1964 and located in Flushing Meadows-Corona Park, the Pavilion consists of the Tent of Tomorrow and three 100-foot-tall observation towers. [more]

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  • Home prices in Astoria hit record high

    January 23, 2014 12:50PM
    From left: Eric Benaim , view from Astoria apartment

    From left: Eric Benaim and Astoria

    Astoria home prices are starting to look a lot like Brooklyn’s. [more]

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  • Queens co-ops lead NYC sales in Q4

    January 14, 2014 04:00PM
    New York City home sales according to the Real Estate Board of New York

    New York City home sales according to the Real Estate Board of New York

    Queens co-ops were hot in the final quarter of 2013 — in fact, hotter than in any other borough.  Co-op sales in Queens jumped 62 percent over the same period in 2012, to 1,349, to lead even Brooklyn, which saw 716 co-op sales, according to a report by the Real Estate Board of New York released today. [more]

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  • Home prices on the rise in Forest Hills

    January 13, 2014 03:15PM
    72 Tennis Place

    72 Tennis Place in Forest Hills, Queens

    Home prices in a coveted Queens neighborhood hit hard by the recession are on the rise, and real estate agents credit a bidding war among families who can’t afford Brooklyn or Manhattan. [more]

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  • jfk-airgate

    Terreno’s W. Blake Baird and a JFK Airgate warehouse in Queens

    San Francisco-based real estate investment trust Terreno Realty Corporation paid $53.1 million for a portfolio of four properties just north of John F. Kennedy International Airport in Queens.

    The JFK Airgate Center buildings — located half a mile from the airport — consist of three industrial warehouses and one office, ranging from 25,000 square feet to 73,000 square feet in size. [more]

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  • queens-sandy

    Phillip Goldfeder and Rockaways section of Queens after Sandy (via MSN)

    A New York State Assembly member from Queens is calling for the state Department of Environmental Conservation to accelerate all permits for Hurricane Sandy recovery projects in the hard-hit southern section of the borough.

    Phillip Goldfeder, who contacted DEC Commissioner Joe Martens, said neighborhoods such as Broad Channel, Howard Beach and part of the Rockaways – including the boardwalk and baffle walls – are still holding out for approvals from the DEC and other agencies. [more]

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  • 43-60-douglaston-parkway

    43-60 Douglaston Parkway

    Suffolk County-based real estate management firm Fairfield Properties has made its first Queens purchase: a 114,000-square-foot rental building in Douglaston, one of the borough’s more affluent areas, for $28.5 million, according to property records filed with the city late last week.

    Fairfield Manor at Douglaston, located at 43-60 Douglaston Parkway at Church Street, holds 148 units. The building was constructed in 1963 and is almost fully leased. [more]

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