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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]