Queens


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46-81 Metropolitan Avenue in Maspeth, Queens and Prologis CEO Hamid Moghadam (Google Maps, Prologis)

Prologis nabs majority stake in Queens industrial site

Three things in life are certain: Death, taxes and demand for logistics space in New York City’s outer boroughs....

Prologis nabs majority stake in Queens industrial site
Renderings of Greenpoint Landing in Greenpoint, 141 Willoughby Street in Downtown Brooklyn and 45-57 Davis Street in Long Island City (Photos via OMA, SLCE Architects and J Frankl Architects)

These were the top outer-borough loans in May

Dollar volume for the 10 largest outer-borough commercial real estate loans in May was $1.6 billion, almost double that...

These were the top outer-borough loans in May
Parkway Hospital in Forest Hills, Top Rock Holdings' Uri Mermelstein, Joseph Yushuvayev and SYU Properties' Josif Elishayev (Google Maps, LinkedIn, Getty)

Parkway Hospital’s redevelopment plan has a pulse

Parkway Hospital in Forest Hills closed for good in 2008, and since then attempts to redevelop the 100,000-square-foot building...

Parkway Hospital’s redevelopment plan has a pulse
Queens Borough President candidate Elizabeth Crowley 

Queens candidate Crowley serves fake eviction notices

Talk about bad marketing. Queens voters were served with fake eviction notices in a campaign mailing Thursday by borough...

Queens candidate Crowley serves fake eviction notices
35-35 95th Street in Jackson Heights and 148-09 Northern Boulevard in Murray Hill (Google Maps)

Bulk condo deals top week’s mid-market sales

Four mid-market investment sales recorded last week fetched $63.3 million, led by a bulk condo unit purchase in Queens...

Bulk condo deals top week’s mid-market sales
Ascent Development's Tien Vominh and a rendering of the project at at 45-30 Pearson Street (Ascent Development)

Ascent nabs $48M construction loan for LIC condos

What’s a condo developer to do when a pandemic injects uncertainty into the market? One decided to go bigger...

Ascent nabs $48M construction loan for LIC condos

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