Mega Realty Holding and the Pancyprian Association are working in partnership to develop a new mixed-use property at 22-60 46th Street in the Ditmars-Steinway section of Astoria, Queens. Pending approvals from the city’s Department of Buildings, the development would yield 173,000 square feet of affordable and market-rate rentals, retail, and a small performance venue for the Cyprian and Hellenic communities.
A forthcoming development from Cape Advisors and Wainbridge Capital will soon introduce more than 500 rental apartments to Astoria’s blossoming waterfront area. Located at 30-77 Vernon Boulevard, the construction site spans 522,000 square feet or approximately two-and-a-half acres of land.
JMH Development and Mettle Property Group recently celebrated the commencement of construction at 36-20 Steinway Street in Astoria, Queens. Located on the northeast corner of Northern Boulevard and Steinway Street, the 158,000-square-foot building will eventually contain a mix of rental apartments and ground-floor retail.
The Durst Organization has provided a first look inside of 10 Halletts Point, a dual-tower residential complex in Astoria, Queens. The property, which was designed and constructed in accordance to LEED Gold requirements, features a total of 2.4 million square feet and includes a 22-story tower, a 19-story tower, and a shared central podium. The development contains more than 400 apartments.
RockFarmer Properties is readying for the second phase of Astoria Lights, a redevelopment of a 20s-era property in Astoria, Queens. Originally constructed in 1929, RockFarmer began the first phase of the conversion of in 2014, which introduced 57 co-op apartments. Phase two of the development will include an additional 38 units that are on track to launch in 2020. With completion just one year away, developers have unveiled a sales gallery and model residence with pricing beginning at $475,000.