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ArchiWise

Real Estate & Zoning News in Queens County, New York

ArchiWise tracks 11 stories about real estate, zoning, permitting, and policy in Queens County, New York. We surface the local decisions (rezonings, council debates, infrastructure investment, hazard mapping updates) that change how property gets built and bought. Updated as new coverage publishes.

All stories from Queens County

Serhant Broker Kayla Lee Highlights Long Island City's Residential Development and Market
New York, New York
CompaniesDeals

Serhant Broker Kayla Lee Highlights Long Island City’s Residential Development and Market

Kayla Lee, a leading broker with Serhant, shares insights into her specialization in Long Island City's residential market, detailing her work on significant condo conversion projects and her extensive sales record.

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Investor Daryl Hagler Acquires Troubled Ridgewood Mixed-Use Tower Development
New York, New York
CompaniesDeals

Investor Daryl Hagler Acquires Troubled Ridgewood Mixed-Use Tower Development

Daryl Hagler's entity, CDK 3-50 St. Nicholas, has acquired the embattled mixed-use tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens, for $75.8 million. The transaction includes assuming $75 million in existing mortgages for the project, which faced significant legal and construction challenges.

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Astoria Developers Propose 402-Unit Residential Tower Requiring Zoning Change
New York, New York
MarketsPolicy

Astoria Developers Propose 402-Unit Residential Tower Requiring Zoning Change

Across the River Realty Development has filed plans with the New York City Planning Commission for a 20-story residential building at 31-29 Vernon Boulevard, seeking amendments to current height restrictions to accommodate 402 new housing units, including affordable apartments.

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Trump and Mamdani Advance Talks on Sunnyside Yards Affordable Housing
New York, New YorkTrending
MarketsPolicy

Trump and Mamdani Advance Talks on Sunnyside Yards Affordable Housing

President Donald Trump and New York Mayor Zohran Mamdani are progressing discussions for a large-scale affordable housing project at Sunnyside Yards in Queens, aiming to deliver 12,000 units that require significant federal approvals and funding.

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Avison Young Secures $115 Million Fannie Mae Financing for Queens Apartment Development
New York City, New York
CompaniesDeals

Avison Young Secures $115 Million Fannie Mae Financing for Queens Apartment Development

Avison Young's capital markets team successfully arranged significant agency financing for Rockrose Development's 301-unit apartment building, part of the larger Eagle Lofts Collection in Long Island City, Queens.

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Vaja Group Acquires Astoria Development Site for $26.39 Million, Plans 108-Unit Mixed-Use Project
New York, New York
DealsPolicy

Vaja Group Acquires Astoria Development Site for $26.39 Million, Plans 108-Unit Mixed-Use Project

Vaja Group has purchased a 29,638-square-foot site at 24-41 31st Street in Astoria, Queens, for $26.39 million, with plans to develop a 108-unit mixed-use building. This acquisition leverages the 2022 31st Street–Hoyt Avenue rezoning, which opened the corridor for new mixed-use developments.

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Ground Lease REIT Acquires Long Island City Waterfront Warehouse for $95 Million
New York, New York
DealsMarkets

Ground Lease REIT Acquires Long Island City Waterfront Warehouse for $95 Million

Dallas-based Ground Lease REIT, an affiliate of Montgomery Street Partners, has purchased a Long Island City waterfront warehouse from the Holterbosch family for $95 million, marking a significant transaction in the transforming Queens neighborhood.

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Wells Fargo Provides $115M Fannie Mae Refinancing for Long Island City Multifamily Complex
New York, New York
DealsMarkets

Wells Fargo Provides $115M Fannie Mae Refinancing for Long Island City Multifamily Complex

Rockrose Development's 301-unit Eagle Lofts Collection, Phase 2, in Long Island City's Court Square neighborhood, secured agency-backed debt from Wells Fargo Multifamily Capital. This financing supports a recently completed project with a significant affordable housing component.

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Municipal Credit Union Secures 6,000-Square-Foot Retail Branch in Jamaica, Queens
New York, New York
DealsMarkets

Municipal Credit Union Secures 6,000-Square-Foot Retail Branch in Jamaica, Queens

Municipal Credit Union has finalized a 15-year lease for a ground-floor retail space at 162-15 Jamaica Avenue with asking rents exceeding $100 per square foot.

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Innovo Secures 231,000 Square Feet in Leases at Long Island City Industrial Complex
New York, New York
DealsMarkets

Innovo Secures 231,000 Square Feet in Leases at Long Island City Industrial Complex

Innovo Property Group has secured two major industrial leases totaling 231,000 square feet at 28-90 Review Avenue in Queens. Roadway Moving and Spanish manufacturer Contenur took large floor plates at the six-story multi-tenant facility.

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Longfellow Real Estate Sells Long Island City Life Sciences Building for $86.9 Million
New York, New York
DealsMarkets

Longfellow Real Estate Sells Long Island City Life Sciences Building for $86.9 Million

Longfellow Real Estate Partners has completed the sale of its Hatch Life Sciences Building in Long Island City, Queens, for $86.9 million to Pearl Realty Management. This transaction marks a significant deal for the specialized asset class in New York City's dynamic market.

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