Category: LIC Real Estate Listings

Metropolitan Park casino team unveils plan for 450-unit affordable housing complex in Corona

Renderings for a new affordable housing development in Corona proposed by the team behind Metropolitan Park.

Apr. 3, 2025 By Shane O’Brien The team behind the proposed $8 billion Metropolitan Park casino project has announced a new partnership aiming to create hundreds of long-term affordable housing in Corona. Queens Future, an LLC formed as part of Mets owner Steve Cohen and Hard Rock International’s push for the Metropolitan Park casino…

Permits filed for new 8-story mixed-use building near Ravenswood in Astoria

Mar. 28, 2025 By emarshall March 28, 2025 By Ethan Marshall Permits have been filed for the construction of an 8-story mixed-use building with 165 residences on the vacant lot at 35-10 12th St. in Astoria. The proposed building would be 80 feet tall and yield 130,546 square feet, with 109,887 square feet designated…

New 9-story building nears completion in Woodside, with affordable housing planned

Mar. 25, 2025 By emarshall March 25, 2025 By Ethan Marshall Construction has wrapped up for the facade of a 9-story building that will have 27 residences at 43-25 52nd St. in Woodside. The building is 90 feet tall and spans 22,945 square feet. With an average unit scope of 849 square feet, the…

Queens rents hit new highs as prices rise in every neighborhood: report

queens rent

Mar. 17, 2025 By Ethan Marshall Queens renters are feeling the squeeze as borough-wide apartment prices continue to climb. Studios, one-bedroom and two-bedroom units in Queens each experienced year-over-year rent increases of just under 5% during the month of February 2025, according to a report by the real estate firm M.N.S. Real Estate. The average…

Northwest Queens sees sharp rise in rental inventory and prices in February 2025: report

northwest queens

Mar. 13, 2025 By Ethan Marshall Northwest Queens saw a surge in real estate activity in February 2025, with prices rising across the board—but the most striking shift was the listing inventory, which more than doubled compared to the same period last year, according to a report by Douglas Elliman Real Estate. The listing…

NYC sees record-breaking 33,974 new homes completed in 2024, highest since 1965: DCP

new homes

Mar. 12, 2025 By Ethan Marshall Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to the New York City Department of City Planning’s (DHS) Housing Database. This number, announced by DHS Director Dan Garodnick, marked the highest amount of completed units in a single year in…

Mayor Adams announces expansion of medical respite program for homeless New Yorkers

Mayor Eric Adams speaks to media at City Hall on March 3. The Mayor announced significant expansions to the medical respite program on Tuesday. Photo: Mayor's Office Flickr.

Mar. 4, 2025 By Shane O’Brien Mayor Eric Adams announced significant expansions to NYC Health + Hospitals’ medical respite bed program Tuesday, which offers patients experiencing homelessness a place to stay for up to 90 days after a major health event. Adams was joined by NYC Health + Hospitals CEO Dr. Mitchell Katz to…

Queens and Brooklyn see price increases as Manhattan’s median home price tumbles: report

price

Feb. 28, 2025 By Ethan Marshall As New York City experienced a large year-over-year increase in the number of homes to enter contract in January 2025, the median prices of homes entering contract went down, with the drop in Manhattan more than cancelling out increases in Queens and Brooklyn, according to a report by…