Astoria
Fimida Enterprises Acquires Mixed-Use Queens Portfolio
Daniel Figotin’s Fimida Enterprises and Sandra Ferrier acquired four mixed-use properties in Queens owned by the Diaz family’s Portela Realty for a total of $7 million. The… Read more
Ariel Secures Five-Year Loan on Mixed-Use in Astoria
Ariel Property Advisors’ Capital Services Division arranged a $1.575-million loan on a 4,750-square-foot mixed-use property at 31-49 Steinway St. in Queens’… Read more
Parkview Financial Provides $50M Construction Loan for Astoria Condos
Parkview Financial provided a $50-million construction loan to Ming’s Garden Realty, LLC for the development of a 13-story, 143-unit residential condominium project with 40,034… Read more
Hochul Touts Green Transmission Lines Coming to NYC from Upstate and Quebec
New York Gov. Kathy Hochul announced two contracts to build long-distance green power transmission lines to New York City. In opening remarks at Climate Week… Read more
Astoria West Rental Project Launches Teaser Website
A partnership of Cape Advisors and Pioneer Group has launched the teaser website for Astoria West, a new rental property at 30-77 Vernon Blvd. The site offers a first look… Read more
RockFarmer Completes Bulk Sale of Co-Op Units in Astoria
RockFarmer Properties has completed the bulk sale of 48 rent-stabilized and unsold free market sponsor units at its Astoria Lights co-op property in… Read more
Dual-Project Development Site Trades in Forest Hills
JLL Capital Markets closed the $31.7-million sale of a 57,035-square-foot lot at 70-35 113th St. in Forest Hills, Queens, with plans… Read more
Ariel Makes Hires with Focus on Bronx, Northern Manhattan, Queens
Ariel Property Advisors has made several new hires on its investment sales team, each with his or her own geographic… Read more
CushWake Markets Five Sites Across Queens
Cushman & Wakefield is marketing five properties for sale across Queens in Woodside, Jamaica, Sunnyside and Astoria. The sites include… Read more
Global One Makes Astoria Acquisition
Global One Real Estate Fund II, through its management arm Nelson Management Group, has made its second acquisition of 2020,… Read more
Lidl to Open First Queens Location
As part of an East Coast expansion that will see it open 50 new stores by the end of 2021,… Read more
NYC Ferry’s Astoria Route Extended to Northern Manhattan
NYC Ferry’s Astoria route has been extended to serve the East 90th Street landing in Northern Manhattan. The New York… Read more
JLL Secures JV Equity for Astoria Multifamily
(Updated with additional information) JLL Capital Markets secured $55 million in joint venture equity for Cape Advisors’ 30-77 Vernon Blvd… Read more
RockFarmer’s Rowan Condos Achieve Sales Success in Pandemic
The Rowan, RockFarmer Properties’ ground-up residential condominium project in Astoria, is 35% sold five months after sales were launched. The New York… Read more
Development Group Plans $2B MXU in Astoria
A development consortium including Silverstein Properties released plans for a $2-billion housing and commercial project adjacent to the Kaufman Arts… Read more
Astoria Post Office Trades for $7M
Ripco Real Estate completed the sale of the 7,668-square-foot Woolsey Station Post Office Building located at 2268 31st St. in Astoria, Queens… Read more
Astoria Multifamily Scores AIG Loan
Cushman & Wakefield advised 34-22 Astoria Partners LLC, led by Theodore Kakoyiannis of Valyrian Capital, in obtaining a $26.5-million refinancing of DVI Astoria,… Read more
Prewar Elevator Building Trades in Astoria
Marcus & Millichap finalized the sale of 31-65 29th St., a 48-unit multifamily building located in the Astoria section of Queens.… Read more
RockFarmer Launches Sales at Rowan Condos in Astoria
RockFarmer Properties launched sales at The Rowan, its ground-up residential condominium project in Astoria. The 46-unit property’s sales gallery is… Read more