In Astoria, Kaufman Studios Acts as an Impetus for Growth

The Wall Street Journal has a story on how Kaufman Astoria Studios helped bring bars, restaurants, and young residents into the neighborhood. It has, as the WSJ says, “helped catalyze a new wave of economic activity in Astoria.” The WSJ profiles new restaurants like Snowdonia and Maizal and points out the growing rent and demand for the area. As the owner of Maizal said, “I’m now paying $2,450 for a two-bedroom apartment and I used to pay $700 for another two-bedroom apartment.”

There’s plenty more growth to expect from Kaufman Studios. This spring, Kaufman will host LIC Flea & Food inside the studio for eight consecutive weekends. Kafuman Studios are even building out a 33-unit development on 35th Street and believe that the studio’s presence can act as a catalyst for more real estate development. The studio is also expanding itself, and will turn a parking lot and gas station into a new sound stage within the next two years.

Kaufman Studios Sets Stage for Astoria Action [WSJ]
All Kaufman Astoria Studios coverage [Q’Stoner]

Photo by Mitch Waxman