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City officials break ground on 669-unit affordable housing complex in Queens
07
A nearly 700-unit affordable housing complex in Jamaica will help local families get ahead, according to Deputy Mayor for Housing and Economic Development Alicia Glen.
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Rockrose receives $270M loan for LIC apartment complex
07
Rockrose Development Corp. has completed a $270 million construction financing for its 974-unit 80/20 rental apartment tower complex at 43-25 Hunter Street
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Habitat for Humanity opens first NYC store
07
Habitat for Humanity’s nonprofit home improvement store and donation center, ReStore, has signed a 4,100 s/f retail lease at 62-01 Northern Boulevard
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Rudin: Strong outer boroughs to boost core city market
07
While many expect New York City’s real estate market to slow down in 2016, Bill Rudin, the vice chairman and CEO of commercial real estate firm Rudin Management
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Chera signs master lease for former Capital One building in Queens
07
Ralph Chera’s Chera Realty Group has signed a master lease for the former Capital One Bank building on Jamaica Avenue in Queens. Photo by Eric Hauser/
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Flush with new development, builders are bankrolling a new Jamaica
07
Three years after the City of New York released an action plan in an effort to spur economic development and growth in Jamaica, Queens, the neighborhood’s
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60 Guilders aims to add outer borough industrial to portfolio
07
Real estate investment firm 60 Guilders is set to push into the outer boroughs industrial market as demand from the e-commerce sector surges.
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Newmark brokers $21M Queens warehouse sale
07
BRIAN EZRATTY Newmark Knight Frank announced that it has brokered the sale of 24 Woodward Avenue, a key property for last-mile distribution and warehouse
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Manhattanʼs rising rents lift Queens to new heights
07
Queens is basking in the glory of record high Manhattan rents. By Linda O’Flanagan Nervous luxury buyers have given Manhattanʼs rental market a shot in the arm.
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Amazon commits to LIC, will take million sf at One Court Square
06
Tech giant Amazon will build an East Coast headquarters in Long Island City, bringing 25,000 new jobs and millions of dollars of capital investment to
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Astoria Rising: Queens neighborhood primed for vertical expansion
07
As far as outer-borough enclaves go, Astoria is anything but typical. Other neighborhoods along the once-blighted Brooklyn-Queens industrial belt have
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Gotham breaks ground on new LIC rental
07
Brause Realty and Gotham Organization are co-developing a rental residential complex in Long Island City. The development will include 270 market-rate