Author: emarshall

Construction completed for Queens Plaza highrise in LIC

July 28, 2025 By Ethan Marshall Construction has wrapped up for a 26-story building with 417 housing units at 25-01 Queens Plaza N. in Long Island City. The 311-foot-tall building’s 417 residences range in size from studios to two-bedroom units. A housing lottery was launched for 126 of the units earlier this year for those… Read more »

Radiant LIC tops out as it reaches nearly 40% in contract

July 25, 2025 By Ethan Marshall Just nine months after sales launched for the luxury condominium Radiant at 24-01 Queens Plaza North in Long Island City, the building has officially topped out, just as nearly 40% of the 117 units have entered contract. Located in Queens Plaza and across from the Queensboro Bridge, Radiant spans… Read more »

Wells Fargo opens new LIC branch

July 23, 2025 By Ethan Marshall Wells Fargo celebrated the grand opening of its newest Queens branch at 25-40 Jackson Ave. in Long Island City on Wednesday, July 16. This marks the second Wells Fargo opening in Queens over the last eight months, with a branch at 248-40 Northern Blvd. in Little Neck having opened… Read more »

LIC condo activity climbs in Q2 2025 with surge in sales and contracts: report

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 »

LIC luxury tower 1 Queens Plaza South refinanced for over $158 million

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 »

New design revealed for 46-story, 561-unit tower near Queens Plaza

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 »

Court Square to gain 636-unit, 55-story condo tower after developers secure $525M loan

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 »