■REAL ESTATE New seven-story building featuring retail, residential space coming to Astoria A new seven-story, mixed-use building will be erected at 34-22 35th St. in Astoria, according to plans filed with the Department of Buildings (DOB). The vacant 15,000-square-foot property, which is located across the street from Kaufman Astoria Studios, was purchased by Valyrian Capital LLC for $16 million. The building will consist of 65 residential units, 3,000 square feet of retail space on the ground floor, terraces and 33 parking spaces, according to the DOB. Each residential unit will be approximately 665 square feet, and parking in the cellar will be accessible from a ramp on 35th Street. Kutnicki Bernstein Architects is the principal designer. Most of the units will include balconies and private terraces, which will be constructed on the fifth and seventh floors, according to the plan. Cushman & Wakefield described the first six months of 2015 as the secondhighest dollar volume the Queens real estate market has seen within the first half of any year, with $1.6 billion in real estate sales generated. Astoria was the site of one of the most lucrative deals this year, with a $72.25 million sale of a 144-unit apartment building at 11-15 Broadway/ 30-50 21st St. Courtesy of Valyrian Capital New artist coming to town This neighborhood used to be a haven for new artists but it now has a reputation of housing mostly established and mature artists. (I am told the artists are now going to Ridgewood, Queens as that is the next-next neighborhood east of Bushwick) With PS 1 having been part of MoMA for years and places like the Sculpture Center, Socrates Sculpture Park and Noguchi by david dynak David Dynak is a real estate Museum long-ago broker at First Pioneer Properties and an LIC joining the mainstream, resident. He’s lived in this is mostly true. It Western Queens since 1993. would also make a lot of sense to bring up the Japanese art community into the forefront, because besides Noguchi and Resobox cultural center, Takashi Murakami continues to manufacture his art right under the nose of all the condos between 5th Street and Vernon Blvd. So it is with a degree of satisfaction that a renowned Canadian sculptor David Altmejd is staying in LIC and has just moved from his workshop into the former Crossfit gym space on 44 Avenue and 13th Street. Mr. Altmejd has been eyeing this space for quite some time and the deal was signed at above asking rent so truly a win-win-win for the artist, the landlord and for the neighborhood!
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