New York City Real Estate Blog

Single Family, 4 Bedroom, 2 Bath, Forest Hills, NY

Current List Price: $1,190,000 Original List Price: N/A Bedrooms 4 MLS Number: N/A Full Baths 2 Partial Baths: 1 Square Feet 2,400 Lot Size (Sq. Ft.): 4,000 Address

Forest Hills, NY, 11375

 Description Excellent Tudor home in PRIME FOREST HILLS AREA. Close to LIRR Forest Hills station - a 15 minute commute to Pen Station - 3 blocks from Forest Hills Tennis/Country Club previous site to the US Open - Nearby shops and houses of worship.

The house has formal dining & living rooms, restored working fire place, eat-in-kitchen, 3bdrs, 1bdr/Attic, 2.5baths, restored oak/floors, 3+yrs old roof on house and garage, central split/ac in 2nd fl, bright house with many windows, finished basement with room for gym and home office space, laundry room, play/tv area, all rooms wired for internet/phone, plenty storage, brick patio, excellent backyard, two zone sprinkler sys, 2car garage.

4BR 2BA Single Family(REJ)

Flushing - The next destination - NYTIMES

 

Nytimes reports that Flushing is all the rage today.  Residents rave about the diversity, cultural choices and of course the Price is a major draw.  On top of it, the commute to manhattan is a breeze!

“Flushing is a hot place,” said John Liu, the area’s representative on the City Council, who has watched the shuttered storefronts of 1970’s Main Street cede ground to today’s boomtown. “People are knocking on doors to live, to open businesses,” he said.

Who lives there?

The local population is primarily Chinese and Korean, both native- and foreign-born, capped by a recent influx of Asian business people who have begun buying pieds-à-terre in the area. Yet the population, too, is in something of a transition.

As Main Street curves south toward Kissena Park, several Indian and Middle Eastern businesses have opened, anchored by Patel Brothers, a branch of the Indian supermarket in Jackson Heights. With more newcomers to the neighborhood have come banks and brokerage firms, with at least one appearing on each block of Main Street\

The Prices

Just as many properties have sold in the downtown Flushing area this year as last, but in general, prices are down 7 to 10 percent, said Judy Markowitz, owner and broker of the Re/Max Millennium Energized Realty Group in Flushing.

“People are getting more for their money,” Ms. Markowitz said. “Depending on the building, you can start to get three-bedroom co-ops for under $300,000, which was not happening last year.”

According to Ms. Markowitz, two-bedroom apartment prices begin in the $180,000 range, with one-bedrooms and studios starting at around $130,000. And according to Kathy Tsao, a broker at Prudential Douglas Elliman, the highest prices for any co-op are in the $300,000s.

As for condos, Ms. Tsao sold a two-bedroom, two-bath prewar apartment in the Yorkshire Gardens building on Kissena Boulevard in the late summer for $603,000, and a two-bedroom, one-bath apartment built in 2000 for $518,000. Prices per square foot in new condominiums range from $400 to the mid-$600s, said Mr. Lau of Century 21 Milestone, explaining that the variations depended on the amenities in the building and its proximity to Main Street shopping and transportation. He said demand remained strong.

As for property tax, Ms. Tsao said, a 2,800-square-foot condo that she now has on the market for $895,000 would cost a buyer $4,992 a year.

Rental studios are typically under $1,000 a month, with one-bedrooms only slightly more. Even two-bedrooms in luxury doorman buildings rent for less than $2,000 a month.

The Commute

Few in downtown Flushing complain about getting to and from Manhattan quickly. On express 7 trains in the morning, the trip to Grand Central Terminal from the Main Street station takes 25 minutes; on a local train at rush hour, it is just over 30 minutes. The Long Island Rail Road, which also has a stop on Main Street, is faster, at about 17 minutes to Pennsylvania Station. The X51, a rush-hour express bus, gets to Midtown Manhattan in about 25 minutes.

http://www.nytimes.com/2006/12/10/realestate/10livi.html?_r=1&ref=realestate&pagewanted=all

 

Echelon LIC

Looking to buy a home in Manhattan but priced out.  You may consider LIC.

ECHELON LIC

Echelon Condominium offers complete luxurious living within studio, one- and two-bedroom units. The state-of-the-art architecture of the building boasts contrasting materials of textured manganese brick and smooth aluminum panels, shaping the 12 stories over a grand lobby and street-level shops. Come home to private terraces, home offices, grand windows, spacious rooms and breathtaking views. Enjoy the luxury of the on-site garage, doorman, FreshDirect delivery, and fitness center.

Amenities & Features

Double Height Lobby

Pet-friendly

On-site parking

Video Security

Fitness Center

Concierge

Cable/Internet ready

FreshDirect Preferred

Roof Deck with Views

Washer/Dryer with every unit

On-site Superintendent

Individually controlled air/heat

Sample Prices

Echelon, 10A  1154  2    2   $810,000

Echelon, 10C  867  1    1    $535,000

Links:

http://www.thedevelopersgroup.com/buildings/building.aspx?buildingid=1065& 

http://radar.planetizen.com/node/10343

http://www.licnyc.com/2006/09/tour_of_the_echelon.html

http://www.wirednewyork.com/forum/showthread.php?t=10936

 

 

 

Technorati tags: Long Island City, Echelon LIC

Trader Joe comes to Queens

They were half right. A second Trader Joe’s is headed for New York, but the where will surprise many. This time, the company is setting up shop in Queens, in a long-dormant factory on the southwestern edge of Forest Hills.

In fact, when the arrival of the new store was reported in The Queens Chronicle, a local weekly, the newspaper identified the location as Rego Park, a neighborhood just to the northwest with a median household income $10,000 below that of Forest Hills. After examining the geography involved, Frank Galluscio, district manager of Community Board 6, said the store would actually be within Forest Hills, albeit close to the Rego Park border.

The company offers little in the way of details to explain its decision. “We don’t disclose what goes into our real estate practices,” said Alison Mochizuki, a company spokeswoman. She did, however, disclose that the store would sit on Metropolitan Avenue just east of Woodhaven Boulevard, a major traffic artery. The store is expected to open in the spring.

Unlike the Union Square store, which is within a few blocks of restaurants like the Union Square Cafe, this Trader Joe’s will sit opposite Lazslo Auto Body and Collision and around the corner from a Home Depot and a Sports Authority.

 

http://www.nytimes.com/2006/11/19/nyregion/thecity/19trad.html?ref=thecity

The Brooklyn and Queens Waterfront in 2016

The Brooklyn and Queens Waterfront in 2016

Waterworld

Williamsburg

(Map: Jason Lee.)

(1.) The Edge

Stephen B. Jacobs;
master plan by FXFOWLE and TEN Arquitectos, September 2008.



(2.) Palmer’s Dock

FXFOWLE, phase one, 2008; phase two, 2009.

(3.) North 8

Greenberg Farrow Architecture, spring 2007.

(4.) Domino Sugar Site

Rafael Viñoly Architects, no completion date.



(5.) Schaefer Landing

Karl Fischer Architects, 2006.

---

Manhattan and Brooklyn

(Maps: Jason Lee.)

(6.) Ground Zero

Freedom Tower, David Childs/SOM; World Trade Center Transit Hub,
Santiago Calatrava; Tower 2, Sir Norman Foster; visitor center, 2011.

(7.) 101 Warren Street

SOM, Ismael Leyva Architects, 2007.

(8.) William Beaver House

Developer André Balazs, no completion date.

(9.) Staten Island Whitehall Ferry Terminal

Fred Schwartz, 2005.

(10.) Battery Maritime Building

Renovation, Jan Hird Pokorny Associates, 2006.

(11.) Beekman Street Tower

Gehry Partners, Ismael Leyva Architects,
no completion date.

(12.) 80 South Street

Santiago Calatrava,
no completion date.

(13.) Pier 17

Beyer Blinder Belle,
no completion date.

(14.) Drawing Center

Architect TBA,
2011.

(15.) East River Waterfront

SHoP and Richard Rogers Partnership, Ken Smith Landscape Architects, 2009.

(16.) Brooklyn Bridge Park

Michael Van Valkenburgh Associates, 2012.

(17.) One Brooklyn Bridge Park/360 Furman Street

Creative Design Associates, fall 2007.

---

Red Hook

(Map: Jason Lee.)

(18.) Brooklyn Cruise
Ship Terminal

Bermello Ajamil and
Partners, April 2006.

(19.) Fairway

Fairway Partners,
May 2006.

(20.) Revere Sugar Site

Ehrenkrantz Eckstut & Kuhn Architects,
no completion date.

(21.) Ikea

Greenberg Farrow Architecture, 2007.

---

Queens

(1.) Silvercup West

Richard Rogers Partnership, NBBJ,
late 2009.

(2.) River East

WalkerGroup, V Studio, November 2007.

(3.) Queens West

Arquitectonica, Handel Architects, phase one, June 2006; phase
two, summer 2007; phase three, spring 2008.

(4.) The Powerhouse

Karl Fischer Architect, summer 2007.

NYC in 2016: The Brooklyn and Queens Waterfront -- New York Magazine

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The Riviera of New York City and the Astoria Park pool

Two Depression-era recreation centers — the Orchard Beach bathhouse and promenade in the Bronx, and the Astoria Park pool and play center in Queens — have been designated landmarks by the Landmarks Preservation Commission.

Orchard Beach is one of Pelham Bay Park’s most distinctive features. Even though the beach itself is relatively new, visitors dating back to the early Native American tribes walked the area’s beaches and nearby islands for hundreds of years. While the beach’s name recalls the orchards that once graced private estates in the area, the site is in fact the product of a large public works project incorporating landfill and barge-loads of sand. The beach was one of Parks Commissioner Robert Moses’s (1888–1981) most beloved projects.

 Astoria Park, on the west shore of Queens, extends from south of the Triborough Bridge to north of the Hell Gate Bridge. With a panoramic view of the skyscrapers of midtown Manhattan in the south to the Hell Gate channel in the north, the scenery presents the diverse landscape of New York City. The Hell Gate channel, formed by faults deep underground, contains some of the deepest water in New York Harbor. Its treacherous reefs bear picturesque names such as “Hen and Chickens,” “Pot Rock,” “Bread & Cheese,” and “Bald Headed Billy.”

Two Buildings Are Declared Landmarks(NYT)

Man walks with grandson 65338 08-12-03 Astoria

http://www.nycgovparks.org

NYC's Department of Housing Preservation and Development: $1,000 is the average price of a rental apartment in the five boroughs

Good renting deals in NY still exist, but you just have to find them.  According to NYT article, there are plenty of one-bedrooms renting for $1,000 to about $1,150 in Manhattan area. The average one-bedroom in a non-doorman building ranges from about $1,850 in Hell's Kitchen to $2,850 in SoHo or TriBeCa, according to Citi Habitats' Black & White Report on rentals in the borough. Brooklyn and Queens have many great rentals with great bargains and web sites such as Rent.com have lots of listings and often lead to good neighborhoods that buyers might not have considered exploring.

What You Can Rent for $1,000(NYT)

Tags: Rent, Manhattan, NY

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New Zoning of the Maspeth-Woodside by the Department of City Planning

 According to the D.C.P. press release (doc file), participating property owners on Queens Boulevard would gain a floor-area ratio of 5.0 (up from 3.75) if they include 20 percent permanent affordable housing (onsite or nearby).

The Maspeth-Woodside rezoning is the area bounded by Roosevelt Avenue and Woodside Avenue on the north; 74th Street abd the LIRR rail cut on the east; 50th Street, Tyler and Maurice avenues on the west; and the Queens-Midtown Expressway on the south.

Affordable Housing in Queens(Observer)

Townhouse in Hunters Point

 Listed by Prudential Douglas Eliman this is a perfect example of period architecture of its time. Include fireplace, bay window, hi ceilings, rear yard semi-attached, located perfectly for live/work. It is located in Queens, 44-78 23rd Street.

Price: $ 1,950,000
Available: May 17, 2006

44-78 23rd Street(NYPost)

New Contract -a Significant Victory for the Union's residential members

This time angry doormen will take to the streets of Park AVe. and walk off their jobs Friday morning to protect their salaries and benefits. As many as  3,500 New York apartment buildings will be affected. The union for about 28,000 doormen, elevator operators, porters, and other residential building employees is in down-to-the-wire contract negotiations and has already authorized its board to call  if a fair deal is not reached.

Building owners are demanding deep concessions - including a pay freeze and health insurance contributions - from 28,000 doormen, porters, concierges and superintendents in Manhattan, Brooklyn and Queens.

A strike of those who watch over some of the most elegant and expensive homes in the country would be the first since 1991, when the employees walked off the job for 12 days. Doormen also went on strike in 1979 and 1976.

The building employees are not government workers, so a strike would be legal.

Doormen Will March Up Park Avenue Today; Threaten Strike For Friday (Daily News)

Strike May Soon Greet New Yorkers Looking for Their Doormen(NYSun)

More related articles:

Doormen's union preparing to walk (Newsday)

 As TWU Workers Are Fined, Doormen Ponder A Walkout (Gothamist)

Strike Looms, but Until Then, Victor Ortiz Keeps Busy  (NYT)

Latest update:

Janitors Strike Averted - SEIU Local 32BJ reaches settlement in NY

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