New York's leading developers pressed forward in 2025, filing plans for 19 million square feet of new projects among the city's 20 most active firms — a clear signal that confidence in the market remains strong despite ongoing trade policy headwinds. Related Companies led the pack, propelled by its massive 70 Hudson Yards office project — a 1.35 million-square-foot, 72-story tower that ranks as the nation's largest ground-up office development since the pandemic began. The fi

A luxury condominium development on Long Island City's waterfront has officially launched sales, marking a major milestone for one of New York City's fastest-growing residential neighborhoods. Marketed as Paragon LIC, the 186-unit luxury tower is the first new-construction waterfront condo project to rise along Queens' East River edge in more than ten years. Developed by ZD Jasper, the 23-story building at 45-40 Vernon Boulevard seamlessly integrates modern architecture with

World Wide Group and Rabina have secured a massive $160 million refinancing package for QLIC, a 53-story luxury rental tower in Long Island City, Queens. The loan was provided by Wells Fargo and signals strong institutional confidence in the Long Island City rental market. The 795-unit tower at 29-22 Northern Boulevard stands as one of the tallest residential buildings in Queens. QLIC features a full suite of premium amenities including a rooftop pool, fitness center, coworki

The construction boom in Long Island City, Queens, continues to accelerate as another major residential project secures substantial financial backing. Queens-based developer Terra Developers has successfully landed a $70 million construction loan to fund its upcoming luxury condominium development in the highly sought-after Hunters Point neighborhood. The financing package was provided by prominent lender Maxim Capital Group. The debt will directly support the development of