Citybiz JUNE 28, 2022 Marking the Third Recent Acquisition in Queens, the New Development Located at 58-01 Queens Boulevard Will Boast Sweeping Views of Manhattan’s Skyline and Offer Future Residents the Best of City Living New Empire Corp. (NEC), a cutting-edge New York City development and construction management firm, today announced a new condominium development in Woodside, Queens. Located at 58-01 Queens Boulevard, the 19,000 square foot (sqft), rare corner developmen

By Ben Miller – Staff Reporter, Jun 28, 2022 A 19,000-square-foot corner lot at 58-01 Queens Boulevard in the Woodside neighborhood of Queens recently sold for $16.2 million and will be the site of a 120-unit condo project. That's according to New York City developer New Empire Corp., which said it bought the site, currently the site of a closed Walgreens drug store that will be demolished. New Empire said it's going to build a 12-story building with up to 120 one- and two-

NATALIE SACHMECHI June 28, 2022 A New York developer paid $16.2 million for a 19,000 square-foot site in Woodside that’s home to a former Walgreens and plans to build a 12-story, 120-unit condo tower. Bentley Zhao, CEO of New Empire Corp, said the 12-story building at 58-01 Queens Blvd. will offer one-bedroom and two-bedroom apartments at “modest prices” between $1,050 and $1,100 per square foot that will be competitive with neighboring Long Island City. It should be comple

June 27, 2022 05:00 PM By Keith Larsen New Empire Real Estate acquired a site in Woodside where it plans to build a 120-unit condominium, a rarity for the quiet Queens neighborhood. The New York-based development firm, led by Bentley Zhao, paid $16.2 million for a 19,000-square-foot corner lot at 58-01 Queens Boulevard occupied by Walgreens. New Empire is planning to build a mix of one-, and two-bedroom units with an average price of around $750,000, according to Zhao. Constr

by Morgan Franz | Jun 18, 2022 | Architecture, Business, Design, Featured, NYC, Real Estate Courtesy of 208 Delancey Looking for a space that is both elegant and relaxing? Step inside the doors of 208 Delancey Street’s new innovative building where you will find a space that is charming and feels like home. From the minute you walk in, you will find yourself covered head to toe in natural sunlight from the expansive windows covering the lobby, making the space feel warm and i

mannpublications.com New Empire Corp. (New Empire), developer of 208 Delancey, a 12-story, 85-unit new luxury condominium located at the corner of Pitt Street on the Lower East Side (LES), witnessed one of their best month’s last month in May where the sales team,Compass Development Marketing Group, signed eight contracts. This is the highest number of sales completed for the LES in May per Compass Development Marketing Group’s research department. Closings are commencing thi

By Claire Ballentine and Paulina Cachero June 7, 2022, 12:30 PM EDT High property prices and mortgage rates mean new homebuyers are relying on assistance more than ever before, real estate agents say. Sheila and Sebastien Centner purchased a home in Miami for their two sons.Photographer: Venjhamin Reyes Even as the US real estate market shows signs of cooling, inflation and higher interest rates are making it difficult for young house hunters to buy properties — at least on