July 14, 2025 By Ethan Marshall The second quarter of 2025 saw a strong showing from the condo market in Long Island City, with closed sales and new contracts signed both increasing immensely year-over-year, according to a report by the real estate company SERHANT. Over this period of time, closed sales of Long Island City… Read more »
July 8, 2025 By Ethan Marshall A 45-story luxury apartment tower in Long Island City has secured $158.2 million in refinancing, according to an announcement by Natixis Corporate and Investment Banking. The floating-rate loan was provided to refinance 1 Queens Plaza South, a 391-unit residential building located at 23-10 Queens Plaza South. Designed by SLCE… Read more »
June 30, 2025 By Ethan Marshall An updated design has been made for an upcoming 46-story skyscraper that will have 561 housing units at 30-25 Queens Blvd. in Long Island City. The skyscraper will be 525 feet tall and span 511,000 square. Of the 561 residences, which will range in size from studios to two-bedroom… Read more »
June 25, 2025 By Ethan Marshall Sales have been launched by the full-service real estate agency Charney Brokerage at the new luxury condominium at 40-21 27th St. in Long Island City. The 6-story building features nine boutique condos, which range in size from one-bedroom to two-bedroom. The prices range from as low as $875,000 for… Read more »
June 12, 2025 By Ethan Marshall The real estate private equity firm Madison Realty Capital, the real estate development and management firm Kushner and the global investment manager OneIM have combined to provide a $525 million construction loan to Charney Companies and Tavros to assist in their development of a 55-story, 636-unit skyscraper in the Court Square… Read more »
May 28, 2025 By Ethan Marshall Permits have been filed for the construction of a 15-story mixed-use building featuring 32 residential units at 27-16 43rd Ave. in Long Island City. The proposed building would be 150 feet tall and yield 23,795 square feet of space, with 22,457 square feet devoted to residential space and 1,338… Read more »
May 23, 2025 By Ethan Marshall Residents of Long Island City, Sunnyside and Woodside are experiencing a sharp rise in overall well-being, according to the latest data from the American Human Development Index. A new report by Measure of America shows that these three Queens neighborhoods saw major gains in life expectancy, income, and education… Read more »
May 22, 2025 By Ethan Marshall The real estate investment and operating company Innovo Property Group announced the topping off of the Review Avenue Complex, an upcoming urban industrial facility at 28-90 Review Ave. in Long Island City, within the Borden Innovation District. Construction began on the complex toward the end of Spring 2024. The… Read more »
May 13, 2025 By Ethan Marshall Since its founding in 1970 by Tom and Fred Elghanayan, the real estate development company TF Cornerstone has played a pivotal role in helping to shape the current landscape of the waterfront of Long Island City, as well as western Queens as a whole. Committed to long-term multi-generational ownership,… Read more »
May 1, 2025 By Ethan Marshall The Bold, a 28-story residential tower with 164 residences, has officially reached full occupancy, less than a year after leasing first launched on July 24, 2024. Located at 27-01 Jackson Ave. in Long Island City’s Court Square, The Bold’s 164 residences range in size from studios to three-bedroom units…. Read more »