Grubler agrees, and adds that from Chinese to Korean to Latin American and beyond, Queens is rich in culture and cuisine, because of what the people bring with them to their new community. “I think we’re getting away from the ‘melting-pot’ theory, actually,” he says. “All of the groups maintain their individual cultural identities.”
Community and access to services also are drawing families to the borough like never before. That sense of community can be hard to find in other parts of the city, says Jacqueline Alvarado, a broker with Coldwell Banker who handles properties in Queens and the other outer boroughs.
“There are also lot of growing families who are looking for better education for their kids and better school districts,” she says, “and people like to buy around this neighborhood for that reason.”
According to Carollo, Astoria—and Queens as a whole—was profoundly affected by the citywide real estate development buzz of recent years...as well as the bust. Developers took advantage of Astoria’s high zoning (R5 & R6), which allowed them to tear down single and multi-family houses and build condominiums in their place. With many new units on the market, in addition to existing resale units, Astoria has a high inventory of condos.
For those looking to buy, one-bedroom condos start around $300,000 and two-bedrooms at around $400,000. Read the entire article Multicultural Patchwork: Astoria