Business & Real Estate In
Astoria NY is located in the northwest section of Queens. Astoria is commutable via the N, W, G, V and R subway lines. Astoria's population is about 165,000 and is comprised of Italians, Greeks, Middle Easterners and Latin Americans. Astoria covers about 5 square miles.
The Astoria community offers a wide selection of authentic ethnic cuisines in restaurants with ambiences that would satisfy a wide range of tastes. Astoria also has a robust artistic community, as well as fun and interesting shopping districts that line Steinway, Broadway, Ditmars, 31st Streets and Northern Blvd ... and many places in between.
Steinway Mansion SOLD
May 5, 2014 / Astoria Real Estate / Steinway Mansion / Queens Buzz. On Friday May 3rd, 2014, the Steinway Mansion was sold for $2.65 million. The mansion went on the market in August of 2010 and was handled by a number of brokers - including Southebys International Realty, Halvatzis Realty Astoria and Prudential Douglas Elliman - before being turned over to Amorelli Realty of Astoria, which closed the deal.
At present, we understand that the land parcel remains intact, which last we heard was between one and two acres. This acreage is down from the 700 acres that Benjamin Pike, the original owner, purchased in the mid 1800's [circa 1858]; and the 70 acres owned in tandem with the mansion by the Steinways [circa 1870]. The most recent owners, the Halberians, held about a two acre lot in tandem with the mansion, which includes the grounds with which those who have visited the mansion in modern times are familiar.
The Steinway Mansion is currently zoned as residential and we were told that - as of this date - that nothing was underway to change that. Rumors have been circulating for months that the mansion would be turned into a restaurant, but we could not find anyone close to the owners who could confirm that.
Bob Singleton of the Greater Astoria Historical Society and Friends of the Steinway Mansion said that those two organizations continue to have an interest in helping preserve the Steinway Mansion an historic jewel for Astoria, Queens and NYC.
As we understand it, the Steinway Mansion is landmarked at federal, state and city levels, which means the outside of the structure may not be alterred nor may it be torn down. We were informed that Steinway Mansion LLC is a locally owned company, but the names of the owners have not yet been made public.
The realtors who closed the deal include Lauren Cornea, Christina Halvatzis and Paul Halvatzis - all of Amorelli Realty.
Click to view the Astoria neighborhood
Dining, Culture & Fun
Real Estate & Business
Updated - Steinway Mansion Under Contract To Private Buyer
Historic Mansion Was Built By Early NYC Technologist & Later Bought By Renaissance Man
Great Opportunity For Queens Officials To Act On Their Speeches About Nurturing Culture, Historic Preservation & Tourism
March 12, 2014 / Astoria Neighborhood / Real Estate In Queens / News & Opinion. Queens Buzz. Well, the saga is almost over. NYC and Queens government officials are about to let slip into private hands, the greatest historical relic of the 1800's in Queens. And what could have been - and could still be - one of the greatest historic sites / historic tourist attractions of Queens.
IMAGINE YOURSELF HANGING OUT ON THE MANSION GROUNDS ... & read on ...
It's not that Queens and NYC government officials haven't had a chance to save it. The historic mansion, which was landmarked for its historic signficance decades ago [landmarking prevents changes to outside of the structure], came on the market in August of 2010. The asking prices has been between $2 and $4 million, which given that far smaller homes with no significance are already selling for over $1 million in the Astoria neighborhood, it seemed like a reasonable asking price.
Click here to read the rest of our report about the Steinway Mansion Under Contract. The story includes photos and links to other stories we've done over the years about the Steinway Mansion and it's inhabitants and their endeavors. The story also includes the business case for taking the Steinway Mansion public and transforming it into a museum / cultural destination for all of Queens, NYC & the world.
Hotels In Queens
Hotels In Queens Neighborhood of Dutch Kills in LIC
March 21, 2011 / Long Island City LIC / Long Island City Real Estate / Queens Buzz. Over the past year I’ve watched the rapid growth of eleven hotels in the Dutch Kills neighborhood of Long Island City. They’re located within an eight block area, near the N / Q subway lines in LIC.
Construction on many of these Long Island City hotels appears to have been completed. Although there are at least a couple of them which appear to have quite a bit more work to do. Six of the new Dutch Kills Long Island City Hotels are already in operation.
Click here to read the rest of our report about new hotels in Queens - in the Dutch Kills neighborhood of LIC.
East Side Access Project Moving Along
How Will This Project Affect Queens Real Estate?
Queens Real Estate / October 4, 2010 / Queens Buzz. Progress on the East Side Access Tunnel project has been visible in Queens since early Spring 2010. The MTA has been busy drilling a new tunnel under the East River from LIC / Astoria, using the Sunnyside Railway Yard as its staging grounds. The photo to your left shows the view of the new tunnel being built underneath the East River from an Astoria / LIC perspective. The tunnel connects into Manhattan around 63rd Street.
Meanwhile in the Sunnyside railway yards, many of the buildings that once dotted the landscape have been demolished. Thankfully this doesn't include an old train station which has been around for many years [see photos in rest of story / slide show]. They’ve also cleared away a number of old warehouse and garage like structures along 43rd Street between Northern Blvd and 39th Avenue.
Click here to get an update on the East Side Access Project impact on Queens real estate.
Steinway Mansion - Astoria Real Estate
Lincoln Era Mansion & Queens History To Be Sold
Astoria / August 20, 2010 / Queens Buzz. On Wednesday afternoon I set to work on this story after returning from a fascinating four hour visit with Michael Halberian, owner and whose family occupied, the Steinway Mansion for the past 82 years. The mansion is located in Astoria, just north of 19th Avenue on 41st Street [map link provided at end of story].
I felt like I'd stepped through a time warp, back into the late 19th and early 20th centuries. The visit connected me to one of the legendary centerpieces of Queens history - the Steinway family and the mansion they occupied during their golden years ... but the mansion's history neither starts nor ends there.
Michael regaled me with anecdotal tales supported by the many books off his shelves, or by pointing to numerous remnants of the past, kept in pristine shape in this beautiful old Astoria mansion on the hill overlooking the East River.
Click here to read more about the Steinway Mansion For Sale In Astoria Queens.
Economic Outlook 2012 - Queens Economy
Federal Reserve Economist Discusses 2012 Outlook At LIC Partnership Breakfast
February 13, 2012 / Long Island City / Queens Business / Queens Buzz. I attended a lecture given by New York Federal Reserve Economist Rae Rosen at the LIC Partnership breakfast in Long Island City. In the lecture the economist talked about many of the critical factors that would play a role in the outcome of how the economy would perform in 2012. How these factors play out will ultimately impact the kind of economic year Queens, NYC and NYS will have in 2012.
U.S. Economic Performance in 2012 Vs Averages
The U.S. economy grew 2.8% in the fourth quarter, ending the 2011 year on a strong note, after a slow beginning. For 2012 the consensus forecast is between 2.5% to 3%, with the highs above 3% and the lows just above 1% which still implies a growth year. The U.S. average growth rate since the end of WWII has been about 3.28%. According to one report I read, the probability the U.S. will slip back into recession has fallen to 23%.
Click here for our report of the lecture given by Federal Economist Rae Rosen at the LIC Partnership breakfast in February 2012 - Queens Economic Forecast 2012.
Small Business Financing In Queens NYC
SBA In Queens & Business Outreach Center In Corona
January 31, 2012 / Corona / Queens Business / Queens Buzz. Last summer I decided to take Queens Buzz through the SBA process to raise capital to raise capital and to provide a description of the process that a new or struggling enterprises must go through in order to obtain non-traditional funding.
Over the course of the past decade, government and non-profit organizations have increasingly become aware of the importance and value of helping new and small businesses survive and thrive as a means of retaining and creating jobs within communities. In the current economic environment, helping these small companies is critical to accelerating the current economic recovery.
I entered the process of seeking a loan in July of 2011 ... click here to read more about the Business Outreach Center in Corona Queens. The photo above was taken at a 2012 seminar sponsored at the Business Outreach Center in Corona Queens entitled Financing Your Business.
Queens Food Fusion
Nutrition & Sumptuous Cuisine in Queens
March 6, 2013 / Food in Queens / Astoria / Queens Buzz. I attended a nutritious cooking class on February 27th featuring Rocco Sacramone, head Chef and Founder, of Trattoria L’incontro of Astoria; working in tandem with Effie Nerantzis, a Registered Dietician, from Mount Sinai Queens. The event was hosted by the United Community Civic Association at the Central Sushi Bar and Lounge in Astoria. And the program was sponsored by Mount Sinai Queens as part of their community health education outreach efforts, some of which we've covered in the past [see Queens healthcare section]. This particular program was intended to demonstrate how to prepare great tasting foods that are healthy and admission was free.
I knew going into this event that it had been fully booked. So I wasn’t surprised as I entered a banquet room, which was fully seated. Rocco and Effie were conversing off stage; while Shelly Felder, Sr Director of Marketing & Communications at Mount Sinai Queens, conversed with Rose Marie Poveromo, President of the United Community Civic Association. The show was about to begin.
Click here for our report, including recipes and slide show with photos of Chef Rocco Sacramone of Trattoria L’incontro preparing heart healthy foods.
Queens County Employment Bests NYC
Queens is one of NYC’s Top Employment Performers
December 19, 2012 / Queens Neighborhoods / Employment in Queens / Queens Buzz. Tis the season to be jolly and reflect on what’s happened economically over the past year while contemplating and planning for what lies ahead. To that end we did a bit of research into Queens current economic trends, specifically in the employment area.
Queens Employment & Economy is Diversified
Queens has a relatively diversified employment base. Queens County industries include: 1) transportation facilities such as JFK and LaGuardia Airports, Long Island Railroad stations, a network of MTA subways and buses, and a network of federal, state and local roadways,
Click here to read our report on employment, unemployment & industry in Queens.
Queens State of the Borough Address 2012
Boro President Helen Marshall Informs Us We’re Holding Our Own
January 24, 2012 / Flushing / Queens Government & Economy / Queens Buzz. Today I attended the Borough President’s State of the Borough Address in the Colden Auditorium at Queens College in Flushing. Queens College President Dr. James Muyskens opened the program, followed by City Council Speaker Christine Quinn.
There were hundreds of people in attendance. The audience included government officials, members of the police, fire and sanitation departments, a number of community board members, educators, healthcare administrators as well as members of the press.
Helen Marshall’s address covered education, healthcare, parks, the economy, business, development, aviation [the airports], culture, historic preservation and awards to a few denizens of the borough for outstanding work. In the photo Queens Borough President Helen Marshall looks a graphic which includes the plans for the new technical center planned for Roosevelt Island by Cornell University and Technion. Click here to our report with photos of the Queens State of the Borough Address 2012.
MTA - #7 Subway Line in Queens
Service Disruptions On #7 Subway Line - October / November 2013
Click here to read our report about the #7 Subway line service disruptions in Queens October / November 2013.
MTA - #7 Subway Line in Queens
Service Disruptions On #7 Subway Line - Dec 2012 - Mar 2013
Click here to read our report about the #7 Subway line service disruptions in Queens Dec 2012, Jan 2013, Feb 2013 & Mar 2013.
Astoria / LIC Neighborhood Links
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