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【NYC Real Estate】ZD Jasper Files Plans for 23-Story Mixed-Use Development on Steinway Street in Long Island City
The rapid development of Long Island City (LIC) is poised to reach another major milestone as leading New York real estate developer ZD Jasper has officially submitted plans to the NYC Department of Buildings for a brand-new 23-story mixed-use tower. Strategically located at 35-25 Steinway Street in the highly sought-after Astoria-Queensbridge subdistrict of Queens, the proposed skyscraper will span approximately 142,701 square feet. This landmark project represents ZD Jasper
ARCFE U.S.
Jun 182 min read


【ARCFE News】 JULY 2026 VISA BULLETIN
The Department of State has posted the July 2026 Visa Bulletin. The Employment-Based Fifth Preference (EB-5) visa categories are as below: Chart A: Mainland China - EB-5 Unreserved category moved forward 70 days with the priority date of December 1, 2016. India - EB-5 Unreserved category became UNAVAILABLE for July 2026. All EB-5 set aside categories remain CURRENT. Chart B: Mainland China - EB-5 Unreserved category remains the same with the priority date of March 1, 2017. In
ARCFE U.S.
Jun 171 min read


【NYC Real Estate】Construction Goes Vertical on 46-Story Long Island City Tower
Construction at 30-25 Queens Boulevard in Long Island City has risen above street level. The 46-story mixed-income tower, backed by $388.5M in financing, will deliver 561 residences and luxury amenities by 2028.
ARCFE U.S.
Jun 162 min read


【NYC Real Estate】Forget Tech — Law Firms Are Driving Manhattan Office Leasing
Law firms now account for 17.1% of Manhattan office leasing in 2026, up from 11% in 2025. Simpson Thacher's 916,000-SF deal leads a historic wave of legal sector expansion. Discover what this means for NYC real estate investors.
ARCFE U.S.
Jun 152 min read


【ARCFE News】 ARCFE Celebrates The Groundbreaking of AG21/AG22 Project (The Vera) in LIC
ARCFE and iCross Capital joined United Construction & Development Group to celebrate the groundbreaking of The Vera, the AG21/AG22 residential development in Long Island City, Queens.
ARCFE U.S.
Jun 123 min read


【NYC Real Estate】New York City Is Leading the U.S. in Apartment Construction
New York City's residential development is experiencing an unprecedented boom, defying national cooling trends and establishing the metropolis as the nation's leader in multifamily construction. According to the latest data from the NYC Department of City Planning, a staggering 38,682 new housing units were completed in 2025. This represents a substantial increase from the 33,859 units delivered in 2024, marking the highest single-year completion total since 1965 and the seco
ARCFE U.S.
Jun 122 min read


【NYC Real Estate】Century Development Group Secures $43.4M Construction Loan for Flushing Residential Project
The Flushing residential market continues to showcase its exceptional strength as another major development project secures substantial institutional backing. Prominent developer Century Development Group has successfully closed a $43.4 million construction loan to fund its upcoming mixed-income residential development. Located at 135-01 35th Avenue in Flushing, Queens, the planned 143,232-square-foot building will yield 116 premium units, featuring a high-quality mix of cond
ARCFE U.S.
Jun 112 min read


【NYC Real Estate】Ares Capital Provides $86.25M Refinancing for Dutch House Multifamily Property in Long Island City
The Long Island City residential market continues to attract premier global financial institutions as a high-performing multifamily asset secures a substantial refinancing package. Prominent developers Slate Property Group and Avenue Realty Capital have successfully secured an $86.25 million loan to refinance Dutch House, an eight-story premium multifamily property located in Long Island City, Queens. The substantial debt package was provided by Ares Capital Management, one o
ARCFE U.S.
Jun 32 min read


【NYC Real Estate】Median Sales Surge 61% in a Queens Neighborhood That's Now the Fifth Priciest in NYC
A Queens neighborhood has broken into New York City's top five most expensive areas for the very first time. According to PropertyShark's latest quarterly report, Malba — a small, affluent enclave in Whitestone near the Nassau County line — saw its median sales price surge a breathtaking 61% year-over-year to a record $2.5 million during Q1 2026. That stratospheric jump placed Malba as the fifth priciest neighborhood in all of New York City, standing just behind Tribeca and S
ARCFE U.S.
Jun 22 min read
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