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LIC112014

real estate BY LIAM LA GUERRE CONSTRUCTION ON ASTORIA CONDO BLDG TO BEGIN NEXT YEAR Plans for construction on a luxury Astoria condo building blocks away from the waterfront will begin shortly as demolition of the old properties on the site is nearing completion. Developer New York Lions Group hopes to begin working on the eight-story, 77-unit condominium called The Baron, at 14-07 Broadway in January, following approvals from the Department of Buildings. The building is expected to be completed by September 2016, according to Ramin Shirian, vice president of Lions Group. The 73,500-square-foot building will stretch 182 feet wide from the corner of 14th Street and replace two auto mechanical shops. One was already leveled and demolition will commence shortly on the other. The Raymond Chan Architectdesigned building will feature a modern glass façade with terraces attached on each residence, offering unobstructed views of the Manhattan skyline. The building, which will be marketed by Modern Spaces, will have a mix of one-, two- and three-bedroom units, measuring approximately 600, 1,000 and 1,550 square feet respectively. The ground floor will have duplex apartments that mostly measure 1,000 square feet each, but there will be two duplex units with about 1,500 square feet. The Baron will be loaded with amenities, including a garden on the second floor terrace, community common space on the roof, a children’s room and play area, a gym and bicycle racks. There will be a doorman for the building and pets are allowed. There are also 41 parking spaces underground. Rendering courtesy of New York Lions Group REPORT: LIC WINS RACE IN PROPERTY SALES ALONG MARATHON ROUTE Long Island City is the winner of the home sales race between the neighborhoods along the TCS New York City Marathon route, according to a report by StreetEasy, which compiled the list ahead of Sunday’s race. Condos, co-ops, townhomes and single-family residences spent a median of 19 days on the market in the burgeoning Queens neighborhood, beating second place Boerum Hill, Brooklyn (28 days), trendy Williamsburg, Brooklyn (35 days) and pricey Midtown Manhattan (129 days). To see more of the report visit www.streeteasy.com/nyc/market/ reports.


LIC112014
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