New Development Condominiums Coming Soon To Forest Hills, Queens

Like so many New York neighbourhoods, Forest Hills, Queens, is a microcosm of the city’s plural histories. Known for its charming streets, historic homes, lush parks, and vibrant community spirit, Forest Hills is now attracting a new wave of interest due to a surge in real estate development. Several new projects, including new builds at The Austin at 7829 Austin Street and BLVD Queens at 106-07 Queens Boulevard, are currently reshaping its landscape and offering fresh opportunities for prospective homeowners and investors alike.

A Brief History

Forest Hills traces its origins as a garden suburb in the early 20th century. Founded in 1909 by the Sage Foundation, Forest Hills was envisioned as an upscale residential community designed to offer a serene, suburban escape from the hustle of Manhattan. Its development was marked by the introduction of spacious homes and broad, tree-lined streets, a stark contrast to the dense urban environment of New York City.

The neighbourhood gained prominence in the 1920s and 1930s, attracting affluent residents from both near and far. The neighbourhood’s Tudor-style homes and relatively lush greenery create an atmosphere that contrasts sharply with the hustle and fumes of Manhattan. Yet, as the demand for housing in New York City continues to soar, Forest Hills is embracing change, blending its historic character with contemporary development.

Recent trends indicate that the area is undergoing a renaissance of sorts, with developers eyeing Forest Hills as a prime location for new residential projects. These developments are not only revitalizing the area but also contributing to its growth as a sought-after residential destination.

Forest Hills’ Skyline

One of the most noticeable changes in Forest Hills is the emergence of new high-rise buildings. This shift represents a departure from the traditionally low-rise, single-family homes that have long defined the neighborhood. Today, several noteworthy projects are contributing to Forest Hills.

The Alexander at 61-55 Junction Boulevard

Among the latest additions is The Alexander. This modern high-rise offers a mix of luxury condos and rental units, catering to a diverse range of residents. With its glass façade, The Alexander introduces a new aesthetic to the Forest Hills landscape.

The building features a range of amenities including a state-of-the-art fitness center, a rooftop terrace with panoramic views, and a landscaped garden. The units themselves are characterized by high ceilings, open floor plans, and premium finishes. The Alexander has quickly become a desirable address.

BLVD Queens

Another prominent development is The Clermont, located at 106-07 Queens Boulevard. This project emphasizes the high-end of life and exceptional living spaces. BLVD is worthy of its namesake in terms of luxury. It offers a range of apartments from one to three bedrooms, each designed with attention to detail and modern aesthetics.

The building’s amenities include a private residents’ lounge, a children’s playroom, and a pet-friendly environment. BLVD’s location is also advantageous, with easy access to the nearby Forest Hills Gardens and its parks.

Forest Hills Tower

The Forest Hills Tower at 118-35 Queens Boulevard is yet another addition to the neighborhood’s real estate landscape. This development stands out for its commitment to sustainability and eco-friendly design. The building incorporates energy-efficient systems and green technologies.

The Forest Hills Tower offers a range of residential options, including both rental and for-sale units. The building’s amenities include a green roof, a community garden, and a comprehensive recycling program. Its focus on sustainability makes it a notable addition to Forest Hills, appealing to environmentally minded residents.

The Austin at 7829 Austin Street

Adding to the list of significant new developments in Forest Hills is The Austin, situated at 7829 Austin Street. This modern condominium building embodies a sophisticated mix of classic design and genuine convenience. Designed to cater to the discerning homeowner, The Austin features an elegant limestone façade combined with contemporary design elements.

The Austin stands out with its expansive units that allow for abundant natural light. The building includes a suite of high-end amenities, such as a fully equipped fitness center, a residents’ lounge with a billiards table, and a private outdoor terrace. Additionally, The Austin offers a unique feature—a dedicated concierge service, enhancing the living experience for its residents.

7829 Austin Street also incorporates smart home technologies, allowing residents to control lighting, climate, and security systems from their smartphones. This integration of technology into the living space reflects a growing trend towards modern, connected homes. Located within walking distance of the Forest Hills LIRR station, The Austin provides easy access to Manhattan, making it an attractive option for professionals commuting to the city.

Market Trends

The influx of new development buildings in Forest Hills is not just a visual change but also represents a significant shift in the real estate market dynamics, i.e., the flow of capital. The demand for new, modern housing options in the area has led to increased property values and heightened interest from both buyers and investors.

Rising Property Values

The introduction of high-end developments has had a noticeable impact on property values in Forest Hills. As new buildings offer modern amenities and luxury features, they have set a higher benchmark for pricing in the neighborhood. This trend has led to an increase in property values, making Forest Hills an attractive option for those looking to invest in the NYC real estate market.

Growing Rental Market

The rise of new rental properties has also contributed to a dynamic rental market in Forest Hills. With an increasing number of people seeking to live in the area, the demand for rental units has grown. New developments have introduced a range of rental options, from affordable units to luxury apartments, catering to a wider demographic.

Attractiveness for Young Professionals and Families

Forest Hills’ new developments are particularly appealing to young professionals and families seeking a balance between city living and suburban comfort. The neighborhood’s excellent schools, green spaces, and access to public transportation make it an ideal location for those looking to establish roots in a vibrant yet peaceful environment.

Community Impact and Future Prospects

The new development buildings in Forest Hills bring with them a range of implications for the local community. As the area continues to change, it is essential to consider both the opportunities and challenges that come with such transformation.

Enhanced Local Economy

The influx of new residents and increased property values contribute to a more robust local economy. New developments often lead to the growth of local businesses, including retail shops, restaurants, and services. This economic boost benefits both long-term residents and newcomers, creating a more dynamic and thriving community.

Preserving Neighborhood Character

While new developments bring modern amenities and aesthetic changes, there is a concerted effort to preserve the unique character of Forest Hills. Developers and community stakeholders are working together to ensure that new projects respect the neighborhood’s historical charm and architectural heritage.

Future Development

Looking ahead, Forest Hills is likely to continue experiencing growth and development. With its attractive location and evolving real estate market, the neighborhood is poised for further expansion. Future projects may include additional residential buildings, commercial spaces, and community-oriented facilities, all contributing to the ongoing transformation of Forest Hills.