In a sign that the heated Long Island City real estate market is still on fire, developers of the neighborhood’s newest rental building, 26-14 Jackson Ave., announced Monday the tower achieved 50 percent leasing after just one month.
The 2.2-million-square-foot project along the Astoria waterfront cleared a major hurdle Monday as the commission voted to approve its land-use application despite the push back from community members with a majority vote of 10 yes, two abstentions and one partial no.
The long chapter of devastation is coming to an end for the Peninsula library in Rockaway Beach. The building on Beach 92nd Street and Rockaway Beach Boulevard was “the hardest hit” library in the borough by Hurricane Sandy, according to a Queens Library spokeswoman, and has yet to reopen after nearly two years.
Real estate firm Modern Spaces, which Eric Benaim launched in Long Island City in 2008, announced Monday that it is opening its sixth location in six years and its second in Astoria in October, hoping to hit a home run with the area as it did with its original neighborhood.
The stalled Silvercup West development, a planned $1 billion expansion of Silvercup Studios in Long Island City just south of the Queensboro Bridge, is back in the spotlight — for special permit renewals.