Mar. 29, 2024 By Ethan Marshall Dumbo Market, a premier grocery store, will be opening in the upcoming Jasper mixed-used development, located at 49-20 5th St., between 50th Avenue and 49th Avenue, in the Hunters Point section of Long Island City. Dumbo Market signed a lease for an estimated 13,500 square feet of retail space… Read more »
Mar. 27, 2024 By zgewelb Mar. 27, 2024 By Ethan Marshall New York City has launched a housing lottery for 50 affordable units in the newly-constructed 19-story residential building at 26-25 4th St. in Astoria. Known as the Winslow, this building stands at 204 feet tall and spans 289,000 square feet. There are a total… Read more »
Mar. 12, 2024, By Iryna Shkurhan The proposal to double the size and budget of the Long Island City Business Improvement District (BID) is closer to becoming a reality following the advisory approval from Community Board 2 last week. On Thursday, Mar. 7, the board gathered for its first hybrid monthly meeting since the pandemic… Read more »
Mar. 6, 2024 By Ethan Marshall The Long Island City-based real estate firm Modern Spaces has been using social media to market its properties and boost branding—and, in so doing, has experienced a large growth in audience and engagement. Modern Spaces has seen a 500% increase in its audience and a 69.1% increase in engagement… Read more »
Feb. 26, 2024 By Ethan Marshall LaGuardia Community College has signed a 10-year extension on its lease for the Queens Atrium, located at 30-20 Thomson Ave. in Long Island City. The Queens Atrium, owned by the real estate firm Feil Organization, has been occupied by this City University of New York (CUNY) school for the… Read more »
Feb. 20, 2024 By Bill Parry As the city grapples with its worst housing crisis in more than half a century, the Adams administration announced plans to build another 850 to 900 apartments on public land—with at least 60% of the units to be affordable—in the fast-growing Hunters Point South community on the Long Island… Read more »
Jan. 23, 2024 By Ethan Marshall Renderings of the purpose-built film and television studio Borden Studios in Long Island City were unveiled Monday by the New York City-based real estate firm Innovo Property Group. The studio will occupy the top floors of the Borden Complex, a mixed-use development at 23-30 Borden Ave. expected to be… Read more »
Dec. 1, 2023 By Ethan Marshall The topping out of a 50-story residential skyscraper at 26-32 Jackson Ave. in Long Island City was completed Monday, Nov. 27. On hand to take part in the celebration of this stage of the skyscraper’s construction were the real estate firms Fetner Properties and Lions Group, which will each… Read more »
Nov. 1, 2023 By Ethan Marshall Over the last decade, Long Island City has experienced a lot of growth when it comes to housing. There are still many more opportunities for more growth, but this also comes with more challenges. Brad Zackson, the director of development and co-founder of the real estate development, investment and… Read more »
Oct. 31, 2023 By Ethan Marshall A new mixed-use, mixed-income multifamily project is currently in the works in Long Island City. Referred to as the Jasper Project, this 13-story building is being worked on along 50th Avenue and 5th Street by Domain Companies, LMXD and the Vorea Group. The building is expected to have 499 housing… Read more »