Queens

HOUSE39 Launches Leasing; New Curving Glass Tower Offers Two Months Free of Early Occupancy [link] Teaser Site Launches for Newly-Dubbed Hudson Yards Rental, ‘Henry Hall’ [link] Listings Debut at Hub with One Month Free; Apartments in Brooklyn’s Tallest Tower from $2,450/Month [link] FiDi’s 180 Water Street Announces March Opening; Now Leasing No Fee Rentals + […]

Real Estate Trends

February 13, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

More Amenities Unveiled at Extell’s Midtown Rental 555Ten; Leasing Continues with Free Rent Offer [link] Stonehenge Offering Two Months Free + $1,000 Security Deposits at 101W15 in Chelsea [link] Long Island City’s 1QPS Tower Launches Leasing with Two Months Free; Studios from $1,989/Month [link] 100 West 143rd Street Offering One Month of Free Rent on […]

Real Estate Trends

February 9, 2017

‘Freedom Ticket’ will offer a transit discount to those in outer Queens and Brooklyn

New Yorkers living in the outer reaches of Brooklyn and Queens may soon find some relief when it comes to their daily commutes. The MTA’s New York City Transit Riders Council (NYCTRC) is looking to make travel more efficient and affordable for those residing in the city's transit deserts through a "Freedom Ticket" pilot initiative that will, says Gothamist, temporarily offer discounted flat-fee tickets for bus, subway and commuter rail travel with unlimited free transfers.
more details here

Transit

February 3, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

Co-Living Rental ‘Common Baltic‘ Makes its Debut, Offers Leases with One Month of Free Rent [link] An Astounding Four Months of Free Rent with Two-Year Leases at Brooklyn Rental, The Williams [link] Live in Downtown Art Deco High Rise with Two Months of Free Rent; Studios Starting from $2,775 [link] Hoboken Rental, The Rivington, Offers […]

Real Estate Trends

Construction update: Tishman Speyer’s trio of Long Island City rental towers

View of residential towers from Queens Plaza as of last week, via CityRealty

February 2, 2017

Construction update: Tishman Speyer’s trio of Long Island City rental towers

Of the 30+ under-construction and proposed projects in Long Island City, many of the tallest and bulkiest are located near Queens Plaza, including this trio of slab-glass rental towers from Tishman Speyer and H&R Real Estate Investment Trust that will bring nearly 1,800 new apartments to the area. The residential buildings--located at 28-34 Jackson Avenue, 28-10 Jackson Avenue and 30-02 Queens Boulevard--are directly adjacent to Tishman's two-towered commercial venture that will be home to WeWork, Macy's, and a food hall. CityRealty recently stopped by the construction to see how things are shaping up at the rentals, which from the looks of it are well on their way to welcoming in LIC's newest batch of residents.
Find out more this way

January 25, 2017

Trump’s modest childhood home sells at auction, see new photos inside

Going, going, gone... Today reports that Donald Trump's childhood home has traded hands once again, officially selling at auction last week to an undisclosed buyer for an undisclosed amount. As 6sqft previously reported, the Jamaica, Queens house was purchased by Manhattan real estate developer Michael Davis for $1.4 million in January from a couple who had owned the Trump memento since 2008 (they shelled out just $782,500). Davis' intent from the outset was to flip the property for a hefty return, and while no auction price has been revealed, early estimates projected a closing figure of around $10 million—much thanks to the Donald's presidential win (Trump himself even joked about buying it on the Tonight Show). New photos from the auction also give us additional views into the modest Tudor abode.
see more here

Celebrities

January 12, 2017

Queens houseboat asks $59,000 for 400 square feet of watery serenity

By Hannah Frishberg

Set sail for home in Jamaica Bay on this $59,000 houseboat, now for sale. According to its listing, the 400-square-foot model is good for year-round living and is equipped with central cooling, carpeted floors and wonderful waterfront views. Plus this "single family" vehicle has one bed, one bath, a very large covered deck and "great solar potential"—not to mention you've got the ocean as your playground. The listing says the houseboat, a 2007 Custom Flo-Lodge, was hauled a year ago across the Verrazano Narrows to its current docking point at Far Rockaway's Marina 59, and has been floating there ever since.
Yo ho a pirate's life in Queens

January 11, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

The Eugene, Midtown’s Tallest Rental Skyscraper, Gears Up for Early 2017 Leasing [link] Grand Opening: Leasing Begins at 681 Franklin in Crown Heights [link] Grand Opening: Leasing Begins on No Fee Bed-Stuy Apartments at 766 Lafayette Avenue [link] One Month Free on Select Units at Brodsky’s Midtown West High-Rise, One Columbus Place [link] One Month […]

Real Estate Trends

January 9, 2017

Tower 28, Queens’ soon-to-be second-tallest residential building, gets new renderings

When it's completed in March, Long Island City's Tower 28 (formerly 28 on 28th) will be the tallest residential building in Queens at 647 feet and 57 stories--that is, until it's taken over by the 66-story Court Square City View Tower nearby (this will also overtake the 673-foot 1 Court Square as the tallest overall building in the borough). Though its superlative will be short-lived, Heatherwood Communities' rental at 42-12 28th Street will still offer panoramic views, which new renderings from architects Hill West tell us will be taken in from a top-floor observatory, as well as a host of swanky amenities to "rival any vacation destination." According to CityRealty, the new exterior and interior views also come with news that leasing will begin in March, ranging from $1,900/month studios to $7,500/month three-bedrooms.
More renderings and details ahead

January 9, 2017

Manhattan real estate investor bought Donald Trump’s childhood home sight unseen for $1.4M

By Annie Doge

At the end of last month, 6sqft revealed that an anonymous New York investor had bought Donald Trump's childhood home in Jamaica Estates, Queens with plans to flip it at auction this month and turn a hefty profit. The Post has now learned that the mystery buyer--and democrat-turned Marco Rubio supporter--is Manhattan real estate mogul Michael Davis. Without ever having driven past the Tudor-style home at 85-15 Wareham Place, Davis dropped $1,390,500 on the piece of Trump ephemera, which he still plans to bring to auction next week.
Find out more

January 6, 2017

New renderings of Court Square City View Tower, Queens’ future tallest building

When plans were originally filed in February 2016, the Long Island City skyscraper since dubbed Court Square City View Tower was set to reach 964 feet. In April, it got bumped up to supertall status at 984 feet, making it Queens' future tallest building. It's since been dropped to 66 stories, but according to a new project page from architects Hill West (formerly Goldstein Hill & West), it will still be Long Island City's tallest tower, and therefore the tallest in the borough. CityRealty first noticed the updated details, which come with the first true renderings of the 800-unit condominium at 23-15 44th Drive. In addition to 360-degree views of Manhattan, the tower will offer an all-glass curtainwall facade, a retail base, and a slew of corner-apartment balconies.
More details ahead

January 4, 2017

REVEALED: $10 billion overhaul announced for JFK Airport – see new renderings

"We shouldn’t settle for second best on anything,” Governor Cuomo proclaimed at the opening of the Second Avenue Subway this past weekend, and he was serious. This afternoon Cuomo announced that John F. Kennedy International Airport (JFK) will receive a massive overhaul that will transform the dated hub into a modern, state-of-the-art facility that can finally "meet the needs of a 21st century economy." As laid out by the governor's office, the revamp will address three main issues: unifying all the terminals with an interconnected layout so the airport is more easily navigable; improving road access to the airport; and expanding rail mass transit to meet projected passenger growth. In 2016 the airport served 60 million passengers, and this number is expected to increase to 75 million by 2030 and 100 million passengers by 2050.
more details and renderings this way

Transit

December 21, 2016

First look at the artsy common spaces of 5Pointz-replacing rental towers

It's been three years since Long Island City's beloved graffiti mecca 5Pointz was whitewashed overnight and a year and a half since renderings first surfaced of the bland 41- and 47-story rental towers that would replace the site at 22-44 Jackson Avenue. Despite a perceived lack of respect towards the artistic community, G&M Realty’s David Wolkoff eventually said he planned to set aside 20 artists’ studios and displays to make up for those lost at 5Pointz, and it looks like he's making good on his word. HTO Architect, who designed the towers, initially put forth views of a large public park and rotating mural exhibit that would fill the space between the buildings, and now 6sqft has uncovered renderings from Mojo Stumer of the artsy entryway, lobby and pool, which reveal the graffiti-inspired logo for the project.
See it all right here

December 21, 2016

Mystery investor buys Donald Trump’s childhood home in hopes of flipping it

By Annie Doge

Hoping to cash in on Trump-mania, an anonymous New York investor scooped up the President Elect's childhood home in Jamaica Estates, Queens in the hopes of bringing it to auction next month and turning a profit. Mansion Global got the news from auctioneers Paramount Realty USA, who say the bidding will take place on January 17th. Previous reports have estimated that the six-bedroom, Tudor-style home that Trump's father Fred built could fetch up to ten times its most recent $1.2 million ask, or a whopping $10 million.
Get the full scoop

Celebrities

December 16, 2016

Durst Organization pays $173.5M for LIC site once slated for tallest tower in Queens

Back in 2015, Property Markets Group and the Hakim Organization announced plans to erect the tallest tower outside of Manhattan in Long Island City at 29-37 41st Avenue. The residential building, then dubbed Queens Plaza Park, would rise 914 feet atop a Queens Plaza site and boast high-end condos and a projected $363.2 million sellout. However, in July 2016, the developers abandoned those plans, putting the site up for sale for an undisclosed amount. Now, as the Times reports, the Durst Organization has scooped up the site for $173.5 million and is considering going forward with the massive construction, but as a rental tower with more than 1 million square feet.
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December 16, 2016

JFK’s TWA Hotel breaks ground, gets new renderings

The shovels were out at JFK's TWA Flight Terminal yesterday, as MCR Development and JetBlue broke ground on their project to turn Eero Saarinen‘s mid-century modern masterpiece into the high-end, 505-room TWA Hotel. According to a press release, Governor Cuomo attended the festivities, noting that the conversion "will preserve this iconic landmark while cementing JFK’s status as a crown jewel of aviation." The news also came with two renderings that show the two, six-story, crescent shaped hotel buildings that will rise on either side of the existing structure.
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December 9, 2016

Lottery opens for 100 units in Far Rockaway’s new Passive House, from $653/month

Edgemere is a small neighborhood in the Rockaways that was full of beachfront hotels and bungalows back at the turn of the century. After Robert Moses tore down its most magnificent hotel and replaced it with a parking lot in 1941, the area soon fell into disrepair and became a ghost town. Just this year, however, the city released its Resilient Edgemere Community Planning Initiative to repair Sandy damage, protect the neighborhood from future flooding, improve transportation, and build resilient housing. One of these new projects is called Beach Green Dunes, a brand new Passive Building at 44-19 Rockaway Beach Boulevard with amenities like a roof garden, courtyard, parking, and fitness center. An affordable housing lottery for its 100 units opens today, ranging from $653/month studios to $1,597/month three-bedrooms.
Find out if you qualify

Affordable Housing

December 6, 2016

Iconic JFK Terminal begins its life as the ‘TWA Hotel’ with new signage

After sitting vacant at JFK Airport for 14 years as a vestige of jet-age architecture, Eero Saarinen's iconic 1962 TWA Flight Terminal received a new life in the summer of 2015 when it was announced that the neo-futurist structure would be reborn as a high-end hotel. MCR Development teamed up with JetBlue and the Port Authority to develop a "505-room LEED-certified hotel with restaurants, 40,000 square feet of meeting space and a 10,000-square-foot observation deck," as 6sqft previously described. Initial reports referred to the project as the "TWA Flight Center Hotel," but the Times now confirms that it'll simply be the "TWA Hotel." And with construction four months in, Curbed noticed that signage for the hotel has gone up, preserving the airline's logo and font.
See the sign ahead

November 30, 2016

The 15 best NYC holiday markets and indie pop-up shops

By Michelle Cohen

December's first days bring a dazzling parade of holiday gift markets all vying for the opportunity to find new homes for a bounty of goodies and crafty gifts. We're all familiar with the big NYC markets at Bryant Park and Union Square, but some of the best finds—and the most fun—can be found at smaller, cooler pop-ups and neighborhood markets. Some are only around for a weekend, others for the whole month or longer. In addition to locally-made jewelry and crafts, vintage finds, artfully curated fashions, home items and other things we didn't know we needed, these hip retail outposts sparkle with drinks, food, workshops, tarot readings, nail art, music, and family fun to keep shoppers' spirits bright.
Find out where to get the goods

Apply for 195 affordable units in Long Island City’s glitzy new rental tower The Hayden, from $913/month

Current view of construction via 6sqft

November 22, 2016

Apply for 195 affordable units in Long Island City’s glitzy new rental tower The Hayden, from $913/month

Rockrose Development's newest Long Island City rental The Hayden commenced its affordable housing lottery earlier this November. As first reported by Court Square Blog, the massive 50-story, 924-unit, amenity-filled complex at 43-25 Hunter Street will deliver 195 below-market units to the western Queens neighborhood when it opens sometime in 2017. The subsidized units are earmarked for households who earn no more than 60 percent of the area median income, and according to the building's official lottery webpage, range from $913/month studios to $1,183/month two-bedrooms.
Find out if you qualify

Affordable Housing

November 14, 2016

Queens, Brooklyn see ‘drastic’ rise in foreclosures

By Michelle Cohen

October brought a significant spike in home mortgage foreclosure rates, according to The New York Post, with more than 1,100 homes heading into foreclosure. That number represents a 32 percent increase from the previous month and a 37 percent increase from one year ago, with 400 new cases in Queens (nearly twice as many as a year ago). 365 cases were recorded in Brooklyn, a 20 percent increase, with the state overall seeing a 15 percent increase since September and 10 percent year over year, according research by Attom Data Solutions.
Find out more

Real Estate Trends

November 11, 2016

Headed for auction, Trump’s childhood home could fetch Queens couple $10M

By Annie Doge

A divorcing couple in Jamaica Estates, Queens just got something new to fight over: proceeds from the sale of their relatively modest six-bedroom Tudor home at 85-15 Wareham Place, which will head for the auction block in the first week in December. The house, which the estranged couple tried to sell for $1.65 million, chopped to $1.2 million, then pulled from the market, just happens to be where President Elect Donald Trump spent his terrible twos, and is expected to fetch at least 10 times that ask at auction, according to the New York Post.
A rising Trump floats at least one boat

November 2, 2016

Queens’ ‘transit desert’ is growing as fast as its population

By Metro New York

Despite more rapid population growth, Queens has the least amount of subway lines per 100,000 people than Manhattan, Brooklyn and the Bronx. No borough served by the subway is shortchanged to the extent that Queens is. For instance, Queens has 81 stations, compared to Brooklyn’s 170 and 148 in Manhattan. Only the Bronx has fewer stations, […]

Uncategorized

October 28, 2016

Apply for 63 newly-built affordable units off the Rockaway Beach waterfront, from $494

Rockaway Beach is having a rebirth of sorts as more and more New Yorkers head for its waters on the hottest of days. On top of new restaurants, coffee shops, art galleries, surf clubs and other hipster hotspots popping up along its main drags, now comes an opportunity to live in a brand-new construction at 9306 Shore Front Parkway, just steps from the sand. Per the NYC Housing Connect, households of up to six earning 40, 50 or 150 percent of the area median income can now apply for 63 studio, one-, two- and three-bedroom apartments priced between $494 and $2120.
more details here

Affordable Housing

ODA reveals renderings of Long Island City condo with inner courtyards

22-12 Jackson Avenue is the larger project to the right; 22-22 Jackson Avenue is on the left

October 7, 2016

ODA reveals renderings of Long Island City condo with inner courtyards

ODA Architects have been on a roll across the city over the past couple years, marking their territory with their cantilevering cube-itecture. The other design element they're becoming known for is the use of inner courtyards, seen most prominently at their massive Rheingold Brewery project and Bushwick hotel. They're now incorporating both signature features at a new condo project in Long Island City at 22-12 Jackson Avenue, directly adjacent to their rental at 22-22 Jackson and across from the giant 5Pointz redevelopment site and MoMA PS1. CityRealty brings us the first look at renderings of the 175-unit, H-shaped building, which is the latest in a string of developments in Court Square.
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Renderings revealed for Tishman Speyer’s massive, mixed-use developments in Long Island City

Residential tower at 28-10 Jackson Avenue (L); Commercial tower at 28-07 Jackson Avenue (R). Via Tishman Speyer

September 20, 2016

Renderings revealed for Tishman Speyer’s massive, mixed-use developments in Long Island City