Queens
More Apartment Construction in Long Island City than Any Other U.S. Submarket
Apartment developers are very, very busy in New York. For example: there are more new apartments under construction in the… Read more
EW Howell Completes Two Public School Projects
EW Howell Construction Group finished work in time for the 2017-2018 school year at P.S. 338 (pictured above), a five-story… Read more
NYC Apartments Give Up the Rent Gains of Summer
More than a third of Manhattan rental apartments (34%) and nearly a third of rentals in both Brooklyn and Queens… Read more
$260K-Per-Apartment for 1417 Longfellow Ave.
A private investor paid $9.875 million for 1417 Longfellow Ave., a seven-story building with 38 apartments in the Morrisania neighborhood… Read more
Hersel Sonobolian Pays $13.5M for Opportunity to Grow in Bayside
Investor Hersel Sonobolian paid $13.5 million for a one-story retail building at 42-31 Bell Blvd. in the Bayside neighborhood of… Read more
Apartment Prices Rise in More Affordable Markets, Like Upper Manhattan
The median price of an apartment re-sold in Manhattan stagnated over the 12 months that ended in November. But in… Read more
$23M for at 33-53 82nd St. and 33-54 83rd St.
Henley USA paid $23 million for Hayes Court, two buildings in the Jackson Heights neighborhood of Queens. The buildings include… Read more
Record-Breaking Prices for Condos, Coops and Houses
Homes sold for record prices on average in New York City, according to the Real Estate Board of New York’s… Read more
1.6% Cap Rate for Industrial Buildings
A stock sale and a strong tenant attracted buyers to three industrial warehouse properties. Investors paid a low capitalization rate… Read more
Construction Financing Arranged for Queens MXU Dev
HFF arranged $61.5 million in construction financing for the development of Roosevelt Parc, a 15-story, transit-oriented, mixed-use project located in… Read more
Prototype for the Brooklyn Queens Trolley
A possible prototype of a streetcar was on display at a press conference held Nov. 13, 2017, at the Brooklyn… Read more
Jury Finds Developers Broke the Law by Painting Over Graffiti
A jury has found that developers Jerry and David Wolkoff broke the law when they painted over the graffiti murals… Read more
Crushing Fines for Zombie Buildings
A new team of city officials will take a hard look at vacant and abandoned structures in New York City.… Read more
$123M Sandy Recovery Project at Redfern Houses
Work started Oct 27, 2017 on a $123-million construction project at the Redfern Houses in the Far Rockaway neighborhood of… Read more
Development Booms in Brooklyn, Queens, Staten Island and the Bronx
New York City’s development boom is spreading far beyond Midtown Manhattan — thanks in part to public investment. “When you… Read more
NYC’s Top Selling Residential Building is…
The top-selling residential building in New York City was not in Downtown Brooklyn or Manhattan’s Far West Side in the… Read more
Developers on Trial for Painting Over Graffiti
More than 20 graffiti artists are suing Jerry and David Wolkoff because in 2013 the developers suddenly painted over the… Read more
$54M Refi for Skilled Nursing
Two skilled nursing facilities in the SentosaCare network have refinanced with $54.2 million in new, permanent loans in Queens, NY.… Read more