Queens Real Estate Leaders Pin Hopes On CRE-Friendly Adams Administration
Property sales prices have come roaring back, apartments are filling up again and investors are looking for assets across Queens, but real estate power players in the borough home to more than 2.4 million people say government policies are still stymieing development. “A lot of our zoning laws are just outdated,” First Pioneer Properties President Suresh Sani said at Bisnow's Queens and Long Island City event Wednesday. “There is industrial business in Queens, but not as much as that the city is trying to preserve … Those people are moving to Mexico, Illinois and Ohio to do thei...
