Tuesday, April 6, 2021

Queens Is Burning: Castle goes on fire in Woodhaven and Long Island City luxury tower sales are blazing



 A two-alarm fire in Woodhaven sent one firefighter to the hospital on Sunday.

Firefighters first got a call about the blaze inside a three-story home located at 84-11 86 Rd. around 7 p.m. on Sunday, April 4, according to the authorities.


The Long Island City real estate market is showing signs of life after the COVID-19 pandemic froze the nation’s fastest growing neighborhood a year ago.

At the Skyline Tower at 3 Court Sq., monthly sales more than doubled in March with 20 units going into contract.

“The month of March was on fire and my team was killing it,” Modern Spaces Founder and CEO Eric Benaim said. “Not only the market is coming back but New York City is coming back.”

Modern Spaces is handling the marketing and sales of the Skyline Tower, the tallest condominium building in Queens, rising 67 stories with 802 units. The total value of the project is expected to be the first billion-dollar development in the borough when the condo units sell out.

“We’re at 44 percent sold and we should be at 50 percent by the end of spring,” Benaim said. “We’ve got 25 to 30 units occupied already with more units moving quickly.”

Closings began in February and people began moving in during March. The development features an array of luxury amenities including a state-of-the-art fitness center, a 75-foot indoor pool, a whirlpool spa, sauna and steam room, a children’s playroom, a business center and an outdoor terrace. There are private, outdoor terraces for 155 of the units.

If this monolith seems familiar, it's the building over the Court Square train station where a commuter almost drowned and nearly got hit by a train when the retaining wall collapsed during a storm as the building was still being developed.


1 comment:

Anonymous said...

Countless birds will die so rich people can live in the sky