EDC Taps Douglaston, Kinwood for Gansevoort Square
The city has tapped Douglaston Development and Kinwood Partners to build a 590-unit residential building at the Gansevoort Meat Market site.| The Real Deal
As New York City prepares to elect a new mayor, Queens is set for a new chapter, courtesy of the outgoing hizzoner. On Wednesday, the City Council advanced the Long Island City rezoning, expected to create 14,700 new homes over the next decade. The City Council Committee on Land Use and the Subcommittee on Zoning and Franchises voted in favor of the rezoning after the Adams administration promised to invest $1.5 billion in the neighborhood. The rezoning project is expected to net 4,300 affo...| Latest New York Real Estate News
Long Island City could be on the receiving end of another 15,000 apartments if the City Council approves a rezoning proposal slated for a vote later this month. If the neighborhood’s prior evolution is any indication, a fresh slate of sites is likely an attractive prospect for developers, who have delivered thousands of housing units since a major rezoning in 2001. Long Island City has transformed in recent years from an aging industrial scape to a desirable residential hub. The area’...| Latest New York Real Estate News
The city has tapped Douglaston Development and Kinwood Partners to build a 590-unit residential building at the Gansevoort Meat Market site.| The Real Deal
