Author: emarshall

Radiant luxury condos in Long Island City reach 30% sales milestone in record time

Feb. 7, 2025 By Ethan Marshall Radiant, one of the newest luxury condominiums to open in Long Island City, announced that more than 30% of its residences have entered contract just over three months after beginning sales. By reaching this “effective” mark, the condominium, located at 24-01 Queens Plaza North, can now close sales for… Read more »

NYC looking to redevelop LIC land previously set aside for ill-fated Amazon headquarters

Feb. 6, 2025 By Ethan Marshall New York City plans to release a request for expressions of interest this spring for 44-36 Vernon Blvd. in Long Island City, according to Crain’s New York Business. The property was once meant to serve as Amazon’s headquarters before the company abandoned the plans in 2019 following severe opposition from many residents… Read more »

LIC warehouse sold for $7.6M in deal handled by Modern Spaces

Dec. 26, 2024 By Ethan Marshall Modern Spaces, a Long Island City-based real estate firm, announced it brokered the $7.6 million sale of a 16,800-square-foot warehouse located at 48-29 31st Place in Long Island City. The deal, finalized on Thursday, Dec. 5, marks another significant transaction in the borough’s evolving industrial real estate market. The… Read more »

First retail leases announced for Malt Drive development in LIC

Dec. 24, 2024 By Ethan Marshall The real estate developer TF Cornerstone announced its first retail lease signings for its new Malt Drive development at 2-20 and 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City on Tuesday, Dec. 17. The businesses joining the 1,386 residential units at the Malt Drive… Read more »

Permits filed for new 6-story homeless shelter in Long Island City

Dec. 23, 2024 By Ethan Marshall Permits have been filed for the construction of a new 6-story homeless shelter at 38-78 and 38-80 11th St. in Long Island City. Located on the corner of 11th Street and 40th Avenue, this proposed development, referred to as the Bowery Residents’ Committee (BRC) Family Shelter, would be 70… Read more »