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Real estate roundup: Astoria Cove developer may increase number of affordable housing units ahead of City Council vote, new hotel for Ridgewood

Rendering courtesy of Studio V Architecture 

Astoria Cove site developer comes to labor union agreement for project’s construction 

“The Astoria Cove site developers, Alma Realty, have agreed to use union labor for construction, building maintenance and security on the mega-project, a source told The News. It’s also expected that the developers will agree to increase the number of units of affordable housing in the project.” Read more [The New York Daily News]

New hotels for Ridgewood?

“New Jersey A/E firm Jarmel Kizel posted on social media that they are designing a new mixed-use project for the site, with hotel, retail, and multifamily occupancy.” Read more [Wyckoff Heights]

Top 5 home sales in Brooklyn, Queens in October

“In Queens, a two-bedroom condo at the View at East Coast on the Hunter’s Point waterfront was the borough’s priciest residential sale recorded in October, PropertyShark data showed. The fifth-floor unit at 46-30 Center Boulevard sold for $2.5 million. It features two bathrooms and totals 1,443 square feet.” Read more [The Real Deal]

Station LIC on Track to open November 17

“The railroad-themed bar/restaurant that is coming to Hunters Point is on track to open next week. Station LIC, located at 10-37 Jackson Avenue, will be opening on Monday, Nov. 17, according to its owners.” Read more [LIC Post]

 

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