Feb. 26, 2025 By Ethan Marshall New York City has launched a housing lottery for five units in a 4-story mixed-use building at 214-33 41st Ave. in Bayside. The building contains 15 residential units, with ten being at market rate. The other five have been set aside for those earning 130% of the area…
Feb. 25, 2025 By Ethan Marshall Multiple tenants of an apartment building at 30-02 39th Ave. in Long Island City have submitted a class action lawsuit against their landlord, 30-02 Associates LLC, accusing them of illegal rent overcharges. The lawsuit was filed against the landlord of this 428-unit building, known as the Arc, following an… Read more »
Feb. 25, 2025 By Shane O’Brien The Queens Public Library (QPL) is set to return to Court Square after signing a lease at the 5PointzLIC residential complex. Council Member Julie Won, who has long advocated for the return of a QPL branch in Court Square, announced the deal in a post on social media on… Read more »
Feb. 18, 2025 By Ethan Marshall The long-vacant Parkway Hospital site in Forest Hills is set to undergo a major environmental cleanup as part of its planned transformation into a mixed-use development featuring senior affordable housing, family units, and community space. Applications have been filed to enroll the property at 70-35 113th St. into…
Feb. 17, 2025 By Ethan Marshall The real estate consultant Ariel Property Advisors experienced a decline in investment sales, despite an increase in transactions in 2024, according to their Queens 2024 Year-End Commercial Real Estate Trends report. Investment sales in Queens went down 7% year-over-year, from $3.18 billion in 2023 to $2.95 billion in…
Feb. 14, 2025 By Ethan Marshall Northwest Queens, which includes the neighborhoods of Astoria, Long Island City, Sunnyside and Woodside, experienced year-over-year growth across all price trend indicators during the first month of 2025, according to a report by the real estate firm Douglas Elliman Real Estate. The median rent across northwest Queens increased 6.3% year-over-year,… Read more »
Jan. 30, 2025 By Ethan Marshall Queens accounted for ten of the 50 most expensive New York City neighborhoods to reside in 2024, according to a report by the real estate data site PropertyShark. Despite the borough’s prevalence on the list, none of its neighborhoods ranked among the top ten most expensive neighborhoods. Hunters…
Jan. 29, 2025 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 38-03 31st St. on the border of Long Island City and Astoria. The building has nine residences, six of which are market rate. The other three units have been set aside for… Read more »
Jan. 29, 2025 By Ethan Marshall New building permits have been filed for a 26-story mixed-use tower at 25-02 9th St. in Astoria, a cul-de-sac offering scenic views of the RFK Bridge and located near Astoria Park. The newly filed permits propose a 26-story development rising 262 feet and encompassing 218,157 square feet. Of this, 217,092… Read more »
Jan. 22, 2025 By Czarinna Andres The highest and most expensive rental apartment in Queens has officially hit the market, offering unparalleled luxury and breathtaking views. Listed at $11,500 per month, the penthouse at 3 Court Square, PH #406, crowns the 67th floor of Skyline Tower in Long Island City—the tallest completed building in the… Read more »