By Roslyn Lo

Silvercup Studios, a Long Island City staple renowned for its prominent work in film production, has left another indelible mark in New York. This time, it is not on the silver screen; it is the establishment of The Industry, a sleek new 75-unit condominium building on 21-45 44th Drive. Silvercup Studios is owned b Stuart and Alan Suna, who have overseen the development of the new condominium.

By Roland Li

Manhattan residential sales volume increased in the second quarter, compared to the first quarter, but price indicators were mixed, with some increases resulting from larger units selling, according to reports from the city’s major brokerages and the website StreetEasy. According to Prudential Douglas Elliman, overall sales were up 10.7% compared to the previous quarter, but 3.8% less than the second quarter of 2010, a period that was boosted by a federal tax credit for first-time home buyers.