Author: zgewelb

Queens organizations secure nearly $1.9 million in funding for revitalization efforts

Sept. 15, 2023 By Michael Dorgan Several Community-Based Development Organizations (CBDOs) and Business Improvement Districts (BIDs) in Queens have secured nearly $1.9 million in grants to help revitalize and improve the neighborhoods where they operate. The Queens organizations, which include groups such as Woodside on the Move and the Long Island City Partnership, are among… Read more »

More Manhattan residents are migrating to Long Island City: report

Sept. 13, 2023 By Ethan Marshall According to a report put together by Modern Spaces, there is a recent trend of buyers moving from Manhattan to Long Island City. Modern Spaces credits this change to Long Island City becoming a prime residential location, offering a suburban lifestyle with urban touches, but without the intense bustle… Read more »

Record-breaking sale made at Skyline Tower in Long Island City

Sept. 6, 2023 By Ethan Marshall A record-breaking sale was recently made for a penthouse at the top of Skyline Tower in Long Island City. The penthouse was sold for just over $2,300 per square foot, setting a new record at price per square foot. The sale for the penthouse was priced at $2,272,556, breaking… Read more »

Modern Spaces second quarter real estate report shows rise in sales of units

Aug. 10, 2023 By Ethan Marshall Modern Spaces LIC’s recently released sales report on the second quarter of 2023 indicates a strong performance when it comes to sales and bodes well for the next quarter to trend in a similar direction. According to Modern Spaces President and CEO Eric Benaim, despite economic issues like inflation… Read more »

Developers celebrate start of construction of latest residential high-rise in Long Island City

June 29, 2023 By Bill Parry Developers broke ground Monday on the latest residential project in Queens Plaza. New Empire Corp, a leading New York-based development and construction management firm and ODA, marked the start of construction on a 19-story full-service 100-unit condominium building at 24-01 Queens Plaza North designed by the architecture firm ODA…. Read more »