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The Latest

Bluestone buys Queens building for $85M at foreclosure auction

Bluestone Group spent $85 million to take back a Queens property at a foreclosure auction on Friday morning, according...

Queens property purchased for $125M by Chinese firm headed to foreclosure

An Elmhurst building that was formerly part of St. John’s hospital is now in foreclosure and will be auctioned...

Pi Capital Partners snags $60M refi for Elmhurst resi building

Pi Capital Partners has landed a $60 million mortgage to refinance construction debt at its new residential building in Elmhurst....

Treetop Development sells Elmhurst rental complex for $57M

UPDATED, 1:55 p.m. April 13: Treetop Development has sold its Elmhurst apartment complex to Zara Realty for $56.5 million, according...

Chris Xu lands financing from Taiwanese bank for Queens condo project

Prolific Queens developer Chris Xu locked down a $67.5 million mortgage to build a 183-unit condominium project in Elmhurst....

Sharing, not caring: Landlord discovers Airbnb the hard way

A Queens landlord recently learned first-hand how Airbnb is altering the city’s housing landscape, after renting out the third...

Developers, retailers flocking to Elmhurst

Elmhurst seems to be the city’s newest up-and-coming neighborhood. The attention the area is receiving from developers, however, is enlarging the price gap between new units and existing apartments.

Queens’ hospital project snags final construction funds

A group of Asia-based developers led by Steven Wu secured a $32 million construction loan that will finance the...

Werber pays $21M for 103-unit rental in Elmhurst

Werber Management bought a 103-unit rental building in Elmhurst for $21 million, according to property records filed with the...

Elmhurst residents boo homeless at Pan Am shelter meeting

Tempers flared over a newly opened homeless shelter at the former Pan American Hotel in Elmhurst, Queens flared at a...

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