Queens’ relatively low land prices, access to public transportation and growing popularity has helped the borough attract a significantly larger amount of money from real estate investors in 2014 than previous years, according to a new report.
The consumer market for national retailers is expanding faster in “The World’s Borough” over anywhere else in the city as a new report showed national brands have opened more new locations in Queens during the year.
The Department of Homeless Services is proposing a five-year, $42 million contract with Samaritan Village Inc. for the proposed homeless shelter at the former Pan Am Hotel in Elmhurst, according to city records.
Ridgewood residents concerned about the loss of industrial space scored a major victory after Borough President Melinda Katz rejected a variance for a new three-story building with a penthouse on land zoned for manufacturing uses.
An Elmhurst lot, located across the street from the Queens Place mall, has been put up for sale for $24 million, according to real estate company Massey Knakal. The 47,365-square-foot lot, located at 88-18 Justice Ave., is one block off of Queens Boulevard and adjacent to the Georgia Diner. According to the listing provided by […]