Feb. 5, 2025 By Jessica Militello State Senator John Liu, in collaboration with Assembly Members Ed Braunstein, Nily Rozic, Ron Kim, and David Weprin, and Council Members Linda Lee, Sandra Ung, and James Gennaro, is partnering with the NYC Department of Finance to offer free sessions this tax season aimed at helping residents navigate…
Feb. 3, 2025 By Ethan Marshall Construction is almost done on a 13-story hotel and residential building, the Northern Tower, at 35-32 Leavitt St. in Flushing. As of the end of January 2025, the Northern Tower has been fully clad in white and earth-toned paneling and external floor-to-ceiling glass. Glass railing for terraces also…
Jan. 31, 2025 By Ethan Marshall Construction work is nearly finished for a 15-story residential building known as “The Prince” at 134-03 35th Ave. in Flushing. The structure is now almost completely enclosed in the reflective glass curtain wall. All that is left to complete are some sections at the ground floor close to the…
Jan. 31, 2025 By Ethan Marshall Construction of Magnolia Gardens, an upcoming 7-story transitional residential and community facility at 39-03 College Point Blvd. in Flushing, is beginning to take shape, with facade installation now being performed. Based on the renderings of the building, Magnolia Gardens will have white brick and gray metal paneling covering…
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 Rent growth in Queens and Brooklyn slowed down substantially year-over-year in December 2024, compared to that of Manhattan, according to a report from the real estate listing site StreetEasy. The typical asking price for rent rose in Queens over this period of time by 3.7%, representing a much…
Jan. 28, 2025 By Ethan Marshall Permits have been filed to vertically expand the building at 150-28 Hillside Ave. in Jamaica, increasing its height from two stories to four. The proposed mixed-use building would be 42 feet tall and yield 8,221 square feet of space, with 6,345 square feet being dedicated to residential space…
Jan. 21, 2025 QNS News Team First-time foreclosure filings across the broader New York metro area declined significantly in 2024, according to PropertyShark’s latest foreclosure report. The report released on Monday, Jan. 20, reveals a 14% year-over-year drop compared to 7,264 cases in 2023. It expanded its coverage to include 12 New York and…
Jan. 15, 2025 By Ethan Marshall The year 2024 concluded with a notable shift in Northwest Queens’ rental market, as the area experienced its first yearly decline in median rent in several months, according to a report by the real estate firm Douglas Elliman Real Estate. The dip in December marked a significant moment…
Jan. 14, 2025 By Ethan Marshall Studio, one-bedroom, and two-bedroom rental units in Queens all saw year-over-year price increases by the end of 2024, according to a report by the real estate firm M.N.S. Real Estate. The overall average rental price for these residential units rose 3.85% year-over-year, from $2,780 in December 2023 to…