Tag: real-estate

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 »

Astoria’s Rowan development enters second phase with 90 new residences

Jun. 10, 2025 By emarshall June 10, 2025 By Ethan Marshall As construction begins on the second phase of the Astoria mixed-use development Rowan at 21-11 31st St., new renderings have been unveiled for the project. The second phase consists of the second building of the project, Rowan II. This building will be 70…

Review Avenue industrial complex tops out in Long Island City

May 22, 2025 By Ethan Marshall The real estate investment and operating company Innovo Property Group announced the topping off of the Review Avenue Complex, an upcoming urban industrial facility at 28-90 Review Ave. in Long Island City, within the Borden Innovation District. Construction began on the complex toward the end of Spring 2024. The… Read more »

TF Cornerstone’s vision continues to shape Long Island City’s waterfront

May 13, 2025 By Ethan Marshall Since its founding in 1970 by Tom and Fred Elghanayan, the real estate development company TF Cornerstone has played a pivotal role in helping to shape the current landscape of the waterfront of Long Island City, as well as western Queens as a whole. Committed to long-term multi-generational ownership,… Read more »

Construction completes on Sunnyside 52, bringing 5-story condo and retail hub to 52nd Street

May. 12, 2025 By emarshall May 12, 2025 By Ethan Marshall Construction has officially wrapped on Sunnyside 52, a new five-story mixed-use development located at 43-30 52nd Street in Sunnyside. The once-vacant lot has been transformed into a sleek, modern condominium complex offering a mix of residential and commercial spaces just steps from the…

Sunnyside co-op and house prices steady as Woodside sees increase: report

Apr. 18, 2025 By emarshall April 18, 2025 By Ethan Marshall and Christian Murray Sunnyside buyers saw a slight dip in co-op and house prices last year, while average sales prices in neighboring Woodside experienced a modest increase, according to a new report from Welcome Home Real Estate, based on NYC public data. The average…