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July 01, 2015

The Future is Now: Flushing Real Estate Developments For 2015 And Beyond

(Tribune) When folks think of Flushing, they might consider the shopping possibilities on Main Street, the delectably authentic Asian cuisine of New York’s second-largest Chinatown, or a sun-drenched ballgame at Citi Field.

There are also a number of real estate development companies planning to add “luxury homes” to the slate of Flushing attractions as well. Groundbreakings in the neighbourhood seem to happen on a weekly basis, while a number of artistic renderings depicting chic, high-rise apartment complexes have been released online the past few months.

With the Flushing market already among the strongest in the five boroughs — home sales prices have shot up more than 51 percent in the last five years, according to Trulia.com — residents can only expect greater maturation in property values as a new local skyline emerges throughout the next half decade.

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