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New York & Tri-State  + Outer  + Apartments  |  January 5, 2024
Emily Fu
By: Emily Fu

Mega Development to Build Two Apt Buildings in Astoria  

Mega Development has revealed plans for Fabric Astoria, a development featuring two buildings with a total of 99 residences in Astoria, Queens. The building on 45th Street will provide 64 rentals (44 market-rate, 20 for middle-income households). 

Designed by Dattner Architects, Fabric Astoria plans homes and over 22,000 square feet of amenities, including furnished rooftops, a courtyard, a fitness center, and more. Condo prices range from $750,000 to $1.75 million, while rentals range from $3,000 to $7,000/month. 

“As we continue to deliver quality housing to the communities of New York City, we are excited to produce residences with stylish finishes and a robust amenity package for the neighborhood of Astoria,” said Emanuel Kokinakis, Development Principal of Mega Development. MNS, a NYC real estate firm, will handle sales and leasing.  

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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