Queens


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Traub Capital's Brian Crosby and 27-11 49th Avenue in Long Island City (Images via Traub and Google Maps)

Traub Capital pays $75M for LIC cosmetics plant

Traub Capital paid $75 million for a manufacturing plant in Long Island City, part of the private equity firm’s...

Traub Capital pays $75M for LIC cosmetics plant
Kyle Bragg and Eric Benaim

Backers of big Queens megaprojects say city needs the jobs, homes

For Eric Benaim, losing Amazon still hurts. It’s been 19 months since the tech giant canceled plans for a...

Backers of big Queens megaprojects say city needs the jobs, homes
Northwest Queens housing market remains bright in dim market (iStock)

Sales slumped, prices jumped in Queens housing market

Despite the doomsday projections about New York and people fleeing the city, the northwest Queens housing market shined bright...

Sales slumped, prices jumped in Queens housing market
82-10 Baxter Avenue and 3111 Heath Avenue (Google Maps)

Queens retail sale tops mid-market deals of the week

Just two properties traded for between $10 million and $30 million in the week ending July 31. A one-story...

Queens retail sale tops mid-market deals of the week
Phara Souffrant Forrest and Zohran Mamdani (Instagram, Twitter, iStock)

A loss for real estate? Two more socialist candidates poised to win primaries

It looks like the political landscape may only get worse for real estate. Two more Assembly candidates backed by...

A loss for real estate? Two more socialist candidates poised to win primaries
Penthouse at 46-30 Center Boulevard (Compass, Google Maps)

LIC penthouse deal is priciest Queens sale in two years

Despite sales hitting record lows last quarter, one deal in Long Island City hit a new high. A penthouse...

LIC penthouse deal is priciest Queens sale in two years
Fairway in Red Hook (Google Maps)

Food Bazaar to take over Fairway’s Red Hook, Queens locations

Red Hook may be losing Fairway — but it won’t be without a major grocery store. Food Bazaar will...

Food Bazaar to take over Fairway’s Red Hook, Queens locations
Extell's Gary Barnett and 264 West 46th Street (Google Maps)

Queens populates big-project list for second straight month

Queens was the most popular borough for big projects in June for the second straight month, with four new...

Queens populates big-project list for second straight month
S. Lawrence Davis and 160-05 Archer Avenue (Google Maps)

Shorewood scores $88M construction loan for first Opportunity Zone project

Shorewood Real Estate Group has inked a new mortgage on its Opportunity Zone project in Jamaica, Queens, after closing...

Shorewood scores $88M construction loan for first Opportunity Zone project
67-25 Otto Road and Silex CEO Wes Sights (Google Maps, iStock)

The $112M warehouse transaction that wasn’t

After public records led to reports that three industrial spaces in Queens sold for $112 million, the supposed seller...

The $112M warehouse transaction that wasn’t
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