A RealtyHop analysis found that the Ravenswood-Dutch Kills area led Queens in falling median percentage real estate prices in June.
The area, identified as “Queensbridge-Ravenswood-Long Island City,” – the map shows Ravenswood, QB and Dutch Kills below 36th Ave over to Northern Boulevard – saw a median percentage price drop of 10.6% (-$133,475). What, no one wants to live here anymore?
Just behind us is East Elmhurst, followed by the Hammels-Arverne-Edgemere part of the Rockaways, followed by Jamaica, according to a closer read by Queens Courier.
We came in four citywide for top five highest median percentage price drops, sharing a category with four Bronx neighborhoods, and made the top five list for neighborhoods with highest median dollar price drops, at number two just behind SoHo-Tribeca-Civic Center-Little Italy. Yea, check us out.
A rendering of the obscure Ravi Management’s planned eight story building for the southwest corner of 12th Street and 35th Avenue shows a light-toned jumbo cube. Maybe I couldn’t see the rendering if it was shown at the hearing over the item at CB1’s land-use committee’s rezoning hearing last month – but it was shown on a slide at a full Community Board 1 meeting last night, where the board approved of the rezoning plan with certain stipulations.
New York YIMBY reports permits were filed for a 15 story hotel in the northwest section of the Ravenswood Industrial Business Zone. The ten block zone stretching along the waterfront from Queensbridge to 37th Avenue west of 21st Street is literally overrun with hotels counter to zoning intended to preserve manufacturing – as Corner has detailed. Most of the hotel sites (several haven’t been finished yet) are concentrated towards the southeast part of the zone along 40th Avenue. This new site at 37-10 10th Street is the third I’m aware of along 37th Ave and would be the most northwest of the cluster, near P.S. 76 William Hallett. The permit was filed by developer Dun Zhang with architect Gene Kaufman, which tells us this won’t be another Hotel Nirvana. On April 23, a week less than 60 days ago, the Department of City Planning launched a 60 day public review process for a proposal that would only allow hotels in the IBZs with a special permit.
This morning I noticed an MTA employee putting up a sign at the Queensbridge-21st Street station warning no F trains are departing to Manhattan from there at night from June 4 (a week ago) until June 16. Obviously I haven’t tried to go to Manhattan from the neighborhood this last week, but for whoever is trying to go that way from the Ravenswood area, let’s say around deep 36th Avenue, there is no N/W or F train option at night, unless that person takes the F backwards to Roosevelt Avenue first. Or walks or bikes or buses to 39th Ave or Broadway or Queens Plaza. So for any of these people who work at night or for any other reason, I feel for you. The N/W 36th Street Station is said to be set to open at the end of June.
At a public hearing for a couple of rezoning proposals for potential apartment buildings in lower-west Astoria and Long Island City Thursday, the question seemed to become how new, not-so small developments with mostly market-rate housing will lend to the future of the neighborhood.
Community Board 1 held the hearing at the NYCHA Ravenswood Houses, between the two sites of interest. One proposal is for rezoning 11-14 35th Avenue at the corner of 12th Street from commercial to mixed-use so that United Crane and Rigging would be replaced by an eight-story building with 74 residential units and retail at the base. (For some perspective, the Ravenswood Houses across 12th Street are six stories tall.) In the other, Variety Boys and Girls Club is proposing to replace its existing building at 21-12 30th Road along 21st Street with a larger club space attached to a 14 story apartment building. The apartment building, owned by a yet-to-be-identified developer, would pay for the club’s expansion. Continue reading “Rezonings for new apartment buildings on 21st Street, 35th Ave get heard out”
A public hearing is planned on May 24 for rezoning applications for an apartment building planned for 12th Street near 35th Avenue in Ravenswood and the Variety Boys and Girls Club mixed-use redevelopment on 21st Street.