ICSC ReCon 2017:
Live updates and photos from retail's biggest shindig

The Real Deal New York

Neighborhood Dive: Astoria climbs higher

Rezoning spurs influx of new development in middle-class enclave

From the October issue: It’s been more than a decade since low rents and proximity to Manhattan drove 20-somethings to Astoria in droves. But even with that influx, change for the community once dominated by Greek and Italian immigrants was incremental for years. Astoria was hit with its first wave of significant change in 2008, when luxury rental buildings like the 27-unit Bridge Side and 19-unit Hoyt South, both developed by Giannola Realty, began filing within weeks of entering the market. Trend new retail followed with upscale restaurants, a New York Sports Club, a Gap and, not surprisingly, Starbucks. [more]