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It’s deal frenzy before the taxman cometh The state’s new mansion and transfer taxes go into effect in under 60 days. And buyers have demands. By Erin Hudson | May 07, 2019 07:00AM “Everyone’s trying to sell before July,” noted Vicky Barron of Compass. “It’s bonkers.” (Credit: iStock) “Everyone’s trying to sell before July,” noted […]

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Real Estate Executives Paint a Rosy Picture of LIC at Annual Breakfast One Court Square (Photo: David Shankbone) April 4, 2019 By Christian Murray Long Island City will continue to attract big-name tenants, dynamic entrepreneurs and educated professionals, despite the black eye the neighborhood took with Amazon’s abrupt withdrawal in February. That was the view […]

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City Presents Sunnyside Yards as An ‘Enormous Opportunity’, Many Remain Unconvinced 80 percent of the 180-acre Sunnyside Yard can be developed, according to the EDC (Source: EDC) March 31, 2019 By Christian Murray Hundreds of residents packed out P.S. 166 in Astoria last Tuesday to provide their feedback on what they would like to see—or […]

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Plans Filed for 8-Story Residential Building to Go Up on Broadway 14-41 Broadway (Google Maps) April 24, 2019 By Meghan Sackman A developer has filed plans with the Department of Buildings for an 8-story, 31-unit residential building on Broadway. The building, which would be built on the vacant 7,500 square foot lot located at 14-41 […]

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Queens plumbing supplier pays $23M for Woodside industrial site Company bought property from LSC Development, which purchased it for $9M last year EDDIE SMALL DEC 13, 2018 9:00 AM 62-25 30th Avenue in Queens (Credit: Google Maps) The pipe and valve supply company Mayer Malbin is purchasing a Woodside property for $22.75 million, just one […]

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Kane’s Diner in Flushing shuts its doors after more than 50 years in the business Photo by Jenna Bagcal/QNS Kanes Diner at 44-15 College Point Blvd. By Jenna Bagcal / jbagcal@qns.com / Wednesday, May 1, 2019 / 3:00 PM Hundreds flocked to Kane’s Diner in Flushing after news broke that it would be closing its […]

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A Tax Headache for NYC Condos: Rising Costs as Abatements End By Grant LongApril 12, 2019 Many newer condo buildings like those in Long Island City received abatements that kept their property taxes low. But as those exemptions phase out, monthly tax bills are rising sharply. (Getty Images) As millions of New Yorkers file their […]

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Plans Filed for a 7-Story Building with 99 Dwelling Units Near Astoria Houses 26-24 4th Street (Google Maps) April 18, 2019 By Meghan Sackman A developer has filed plans with the Department of Buildings for a 7-story, 99-unit, residential building on 4th Street, between 26th and 27th Avenue, in Astoria. The proposed building, to be located […]

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Newark native Queen Latifah is developing affordable housing in her hometown

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Newark native Queen Latifah is developing affordable housing in her hometown The actress and recording artist is behind the development of 20 townhouses and a 76-unit apartment building with 16 affordable units in Newark, N.J. Queen Latifah, Newark (Credit: Getty, Amazon) Actress and recording artist Queen Latifah is building an affordable housing development in Newark, […]

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