Queens

Transitional housing property owned by Fundamental Advisors, via fundamental.com

Slate Property Group Closes $210 Million Refinancing Package For Transitional And Affordable Housing Portfolio

7:00 am on August 25, 2024 By Max Gillespie

Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing package for their joint venture’s transitional and affordable housing portfolio. The transaction, designated as a social bond, was made possible by Freddie Mac in a first-of-its-kind engagement to provide liquidity to social impact financial institutions that bring affordable housing to low-income communities and underserved populations.

Fogarty Finger’s 31-90 29th Street Nears Completion in Astoria, Queens

7:30 am on August 20, 2024 By Michael Young

Construction is nearing completion on 31-90 29th Street, a six-story mixed-use residential building in Astoria, Queens. Designed by Fogarty Finger Architects with George Tsilogiannis of BQ 29, LLC is listed as the owner of the ground-up development, the topped-out structure stands 70 feet tall and will yield 87,439 square feet, with 74,011 square feet designated for residential space split across 92 rental units averaging 804 square feet each, 13,428 square feet for commercial space, a cellar level, and 46 enclosed parking spaces. The property is located on a wide rectangular parcel spanning between 29th Street to the east, Crescent Street to the west, and Broadway to the south.

Excavation Continues At 30-78 29th Street in Astoria, Queens

7:30 am on August 19, 2024 By Michael Young

Excavation is ongoing at the site of 30-78 29th Street, a forthcoming seven-story residential building located in Astoria, Queens. Designed by James Cleary Architecture with Desmond Neill of Silverline Construction Management listed as the owner of the development, the future 70-foot-tall structure will yield a total of 18,611 square feet designated for residential space split among 27 rental units averaging 689 square feet each, a cellar level, a 36-foot-long rear yard, and 14 open parking spaces. The property is located on an interior lot and is near the intersection of 29th Street and 30th Drive.

Beach Channel Drive Apartments at 13-12 Beach Channel Drive - Courtesy of UAI

Beach Channel Apartments Nears Completion at 13-12 Beach Channel Drive in Far Rockaway, Queens

7:30 am on May 7, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on Beach Channel Apartments, an eight-story affordable housing building at 13-12 Beach Channel Drive in Far Rockaway, Queens. Designed by Urban Architecture Initiatives (UAI) and developed by BRC and Camber Property Group, the structure is set to yield 147 affordable units and 100 shelter units with supportive services, as well as residential amenities and a 1,239-square-foot community facility on the ground floor. The property is located on an interior lot between Beach Channel Drive and Redfern Avenue.

Renderings Revealed Astoria Cove’s 4-34 26th Avenue, 25-02 9th Street in Astoria, Queens

8:00 am on May 5, 2024 By Michael Young and Matt Pruznick

New renderings have been released for two new residential buildings in the Astoria Cove master plan at 25-02 9th Street and 4-34 26th Avenue in the Halletts Point section of Astoria, Queens. Designed by Fogarty Finger, the structures will stand 26 and seven stories, respectively, and are part of a complex that is planned to yield a total of 469 apartments and 14,500 square feet of commercial space across four buildings. The property is located to the west of 9th Street along the East River waterfront.

Rendering of the next affordable housing property to debut at Edgemere Commons - Courtesy of Aufgang Architects

Edgemere Commons Building B1 Tops Out at 5119 Beach Channel Drive in Far Rockaway, Queens

8:00 am on April 30, 2024 By Michael Young

Construction has topped out on Edgemere Commons’ second all-affordable housing structure at 5119 Beach Channel Drive in Far Rockaway, Queens. Designed by Aufgang Architects and developed by Tishman Speyer’s TS Communities, the company’s affordable housing development platform, and The Arker Companies and Slate Property Group, the 247,000-square-foot structure will yield 237 rental apartments in studio to three-bedroom layouts, with 36 reserved for the formerly homeless, as well as 8,000 square feet of retail space and 7,500 square feet of community facility space. The building, also know as Edgemere Commons Building B1, is situated between Beach 50th and Beach 53rd Streets.

Revel To Develop Largest Public EV Fast Charging Station Nearby LaGuardia Airport In Queens

7:30 am on April 26, 2024 By Max Gillespie

Revel, a provider of electric vehicle (EV) charging infrastructure, recently announced plans to develop the largest public EV fast charging station by an airport in the US. The station will be located at 90-10 Ditmars Boulevard in East Elmhurst, Queens, near LaGuardia Airport, and is being built in partnership with Barone Management.

Render of 26-01 4th Street, courtesy of Lu Ning Architecture

26-01 4th Street Tops Out in Astoria, Queens

7:30 am on April 21, 2024 By Michael Young

Work is progressing on 26-01 4th Street, a 13-story residential building in the Halletts Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 enclosed parking spaces. The property is located on a corner lot bound by 4th Street and 26th Avenue, and was once home to a single-story industrial building.

Rendering of Willets Point stadium, via willetspointqueens.com

Phase Two Of Willets Point Affordable Housing Development Approved for Willets Point, Queens

7:30 am on April 17, 2024 By Max Gillespie

On April 11, Mayor Eric Adams announced the City Council’s approval of phase two of Willets Point, a new affordable development in Queens. The approval is a notable step for the project, which is set to introduce the largest entirely affordable housing project seen in the city in four decades, as well as more than 150,000 square feet of new public open space, more than 20,000 square feet of retail space, a 250-key hotel, and a 25,000-seat stadium for the New York City Football Club.

14-27 28th Avenue’s Exterior Takes Shape in Astoria, Queens

7:30 am on April 16, 2024 By Michael Young and Matt Pruznick

Construction is progressing on 14-27 28th Avenue, a five-story residential building in Astoria, Queens. Designed by C3D Architecture and developed by Refik Radoncic of Astrosquare LLC, the 50-foot-tall structure will span 27,104 square feet and yield 36 rental units with an average scope of 752 square feet, as well as a cellar level, 11 open parking spaces, and 13 enclosed parking spaces. T&R Construction Corp. is the general contractor for the property, which is located on a through-block interior lot between Astoria Boulevard to the north and 28th Avenue to the south.

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