Jamaica
Cirrus, Resorts World Acquire Jamaica Site for Workforce Housing
A partnership of Cirrus Real Estate Partners and Resorts World New York City has acquired a 1.8-acre development site and… Read more
NY State Seeks Community Input for Aqueduct Racetrack Redevelopment
The Hochul administration has launched a community engagement and site planning process for the approximately 100-acre state-owned Aqueduct Racetrack in… Read more
Jamaica Mixed-Income Secures $303M Construction Financing
The New York City Housing Development Corporation, The New York City Department of Housing Preservation and Development, Wells Fargo Bank,… Read more
City Council Enacts Massive Long Island City Rezoning
The New York City Council has approved the Adams administration’s OneLIC Neighborhood Plan. The largest rezoning the city has enacted in… Read more
Eastern Union Arranges Wells Fargo Loan for Jamaica Multifamily
Eastern Union arranged $20.5 million for the refinancing of Zoria Tower Apartments, a new, 54-unit, mixed-use property located at 88-11 179th… Read more
City Council Passes Adams’ Jamaica Neighborhood Plan
The New York City Council has officially signed off on the Adams administration’s Jamaica Neighborhood Plan. Covering nearly 230 blocks… Read more
BRP Secures Supermarket Operator for Jamaica Mixed-Use
BRP Companies signed a 25-year, 22,500 square-foot lease with SuperFresh, a community-focused supermarket, at Ruby Square, a 614-unit mixed-use development located at… Read more
BRP Launches Leasing at Mixed-Income Jamaica Development
BRP Companies recently launched leasing at Ruby Square (formerly known as 90Ninety), a 614-unit, mixed-income residential development located at 166-20 90th Ave. in… Read more
ERG Arranges Construction Financing for Jamaica Multifamily
ERG Commercial Real Estate has secured a $7-million construction loan for a new 16-story, 28-unit multifamily development located at 166-13… Read more
City Launches Public Review for 230-Block Rezoning in Queens’ Jamaica Neighborhood
The Adams administration has launched the public review process for the Jamaica Neighborhood Plan, which would update zoning to spur the… Read more
Vacant Jamaica Retail Trades for Lease-Up or Redevelopment
Marcus & Millichap closed the sale of a 14,257-square-foot retail property located at 89-61 162nd St. in Downtown Jamaica, Queens.… Read more
Dwight Mortgage Provides $148M Construction Loan on Jamaica Multifamily
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $148-million construction loan for Sutphin II, a planned 524-unit luxury… Read more
New Construction Jamaica Multifamily Sale is District’s Largest Since 2007 Rezoning
RIPCO Real Estate closed the sale of 88-56 162nd St. for $18.8 million, marking the largest new construction multifamily building sale… Read more
BRP and Project Partners Cut the Ribbon on Downtown Jamaica Mixed-Use
BRP Companies, public officials and project partners recently celebrated the grand opening of The Monarch, a 605-unit, 25-story, 542,000-square-foot mixed-use development located… Read more
Cushman & Wakefield Arranges $69M Refi for Jamaica Industrial Property
The KABR Group has secured a $69.1 million refinancing for 184-10/60 Jamaica Avenue, a 618,414-square-foot industrial property known as the… Read more
LISC NY, MURAL Land $25M Loan for 230 Affordable Homes
LISC NY and MURAL Real Estate Partners closed a $24.7 million loan with NYCAF to revitalize Jamaica, Queens. The funds… Read more
FAA Relocates Administrative Headquarters to Carle Place
CBRE completed a 74,679-square-foot office lease for the Federal Aviation Administration (FAA) at 1 Old Country Rd. in Carle Place,… Read more