Modern Spaces is marketing multiple condos in Long Island City near the $3 million mark. The high luxury listings reflect surging prices in the neighborhood, according to Eric Benaim, CEO and founder of the real estate firm.
The developer of a Rego Park building was forced to pay a combined $100,000 in restitution and back wages after ignoring legal obligations for receiving tax benefits, according to Attorney General Eric Schneiderman.
The home, which is located at 65 Tennis Place, features four full and two half bathrooms, high ceilings, a solarium and a fireplace throughout 4,200 square feet. The property sits on a quarter of an acre of land.
For a third consecutive month ending in October, Queens saw a drop in home sales while median prices in the borough rose for a second consecutive month, according to a monthly market update by Keller Williams Realty.