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NEW YORK CITY— The borough of Queens enjoyed an extremely active month in June paced by Related Cos.' purchase of a 444-unit Section 8 multifamily portfolio in Astoria for $121 million, or $363-per-square foot.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!