LIC AND ASTORIAModern Spaces has released their annual market report for Long Island City and Astoria. Amongst the highlights: In LIC, sales are up 15 percent year-to-date, with an average price-per-square-foot of $48 and an average rental rate of $3,701. In Astoria, demand is at an all-time high, with the average price per square foot in a luxury building at $44 and an average rental rate of $2,623. [CurbedWire Inbox]
DUMBOTodd Masters' Folioleaf and Stephen Romano will be joining the gang of galleries and art dealers down in Dumbo at their new spaces in 111 Front Street. The move brings them into the company of the Brooklyn Arts Council, Artcore-NYC, and Match ArtSPACE just to name a few. [CurbedWire Inbox]
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